2 Bed Flat, Single Let, London, E17 6ZG £525,000

Hoffmans Road, London, E17 6ZG - 10 months ago
Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
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+4 photos

ValuationOvervalued

Sold Prices£150K - £555K
Sold Prices/m²£2.3K/m² - £13.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.7K/m²

Value Estimate

£471,580

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£43,700

Total Cash In

£174,950

 

 

Cash Out

 

Rent Range

£2,200 - £2,560

Rent Estimate

£2,204

Running Costs/mo

£2,101

Cashflow/mo

£103

Cashflow/yr

£1,231

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £150K to £555K, average is £455.5K. £2.3K/m² to £13.3K/m², average is £7K/m².

Price
Date
Distance
Address
Beds
 
£493.8K05/250.03 miFlat 7, 14, Collendale Road, London E17 6TB2
£510K06/250.03 miFlat 29, 14, Collendale Road, London E17 6TB2
£510K06/250.03 miFlat 29, 14, Collendale Road, London E17 6TB2
£555K02/250.06 mi5, Flat 4, Champness Close, London E17 6ZA2
£460K06/210.07 mi63, Blackhorse Lane, London, Greater London E17 6DS2
£476K03/250.22 mi21, Taylor House, Sutherland Road, Walthamstow E17 6SS2
£465K08/230.23 mi195, Blackhorse Road, London, Greater London E17 6ND2
£465K05/250.23 mi187, Blackhorse Road, London E17 6ND2
£427.5K01/250.32 mi23, St Andrews Road, London E17 6BB2
£356K04/230.33 mi103, Chamberlain Place, London, Greater London E17 6AZ2
£335K03/250.33 mi6, Cornwallis Road, London E17 6NN2
£490K09/210.35 mi5a, Courtenay Road, London, Greater London E17 6LY2
£407.5K05/250.39 mi77, Edward Road, London E17 6PB2
£530K05/230.39 mi8, Chewton Road, London, Greater London E17 7DW2
£425K05/230.39 mi98, Chewton Road, London, Greater London E17 7DN2
£417K05/250.43 mi91, Northcote Road, Walthamstow E17 7DH2
£521K04/230.45 mi100a, Edward Road, London, Greater London E17 6LU2
£492.5K07/250.48 mi4a, Claremont Road, London E17 5RJ2
£460K09/210.48 mi21, Northcote Road, London, Greater London E17 7DT2
£537.5K07/230.48 mi55, Northcote Road, London, Greater London E17 7DT2
£475K06/210.5 mi155, Warner Road, London, Greater London E17 7DX2
£410K07/230.52 mi282, Blackhorse Lane, London, Greater London E17 5QH2
£545K07/230.53 miGround Floor Flat, 64, Buxton Road, Walthamstow, London, Greater London E17 7EJ2
£360K06/230.53 mi53, Riverhead Close, Walthamstow, London, Greater London E17 5PY2
£345K11/220.6 miFlat 10, Thistle Court, Bream Close, London, Greater London N17 9BP2
£451K10/210.61 mi28, Leucha Road, London, Greater London E17 7LG2
£450K04/230.61 mi46, Leucha Road, London, Greater London E17 7LG2
£420K11/210.61 mi54, Leucha Road, London, Greater London E17 7LG2
£338.5K06/230.63 mi198, Bream Close, London, Greater London N17 9DW2
£520K03/230.65 mi10, York Road, Walthamstow, London, Greater London E17 7HY2
£350K12/210.66 mi187, Bream Close, London, Greater London N17 9DJ2
£445K03/250.66 miFlat 1, Lapwing Heights, Waterside Way, Tottenham, London N17 9GP2
£545K02/230.66 mi171, Winns Avenue, Walthamstow, London, Greater London E17 5HB2
£400K05/230.67 miFlat 51, Kingfisher Heights, Waterside Way, London, Greater London N17 9GL2
£470K02/250.68 miMerlin Heights, Flat 23, Waterside Way, Tottenham, London N17 9GD2
£440K01/230.68 miFlat 15, Merlin Heights, Waterside Way, London, Greater London N17 9GD2
£428K05/230.68 miFlat 16, Merlin Heights, Waterside Way, London, Greater London N17 9GD2
£464K03/230.68 mi72, Bemsted Road, London, Greater London E17 5JZ2
£535K03/250.69 mi110, Bemsted Road, London E17 5JZ2
£548K02/250.69 mi30, Bemsted Road, London E17 5JZ2
£425K02/250.69 miCrane Heights, Flat 24, Waterside Way, Tottenham, London N17 9GE2
£430K03/250.69 miFlat 56, Crane Heights, Waterside Way, Tottenham, London N17 9GE2
£440K03/250.69 miFlat 6, Crane Heights, Waterside Way, Tottenham, London N17 9GE2
£402K02/230.69 mi12, Reedham Close, London, Greater London N17 9PT2
£150K05/250.69 miFlat 93, Coppermill Heights, Mill Mead Road, Tottenham, London N17 9FH2
£150K05/250.69 miFlat 93, Coppermill Heights, Mill Mead Road, Tottenham, London N17 9FH2
£385K06/210.7 mi207, Reedham Close, London, Greater London N17 9PZ2
£530K06/230.7 mi69, Mersey Road, London, Greater London E17 5LA2
£525K01/250.71 mi7 Hops House, 30, Old Brewery Way, London E17 7FE2
£520K06/250.71 mi125, Winns Avenue, London E17 5HB2

Local Rents

50 rents from £2.2K/mo to £2.6K/mo, average is £2.4K/mo.

Rent
Date
Distance
Address
Beds
 
£2,20009/250.01 miHoffmans Road, Walthamstow, London, E172
£2,31504/240.02 miSopwith Avenue, London, E172
£2,24005/240.02 miSopwith Avenue, London, E172
£2,56005/250.02 miSopwith Avenue, London, E172
£2,41505/250.02 miSopwith Avenue, London, E172
£2,41506/250.02 miSopwith Avenue, London, E172
£2,41506/250.02 miSopwith Avenue, London, E172
£2,49006/250.02 miSopwith Avenue, London, E172
£2,41506/250.02 miSopwith Avenue, London, E172
£2,45506/250.02 miSopwith Avenue, London, E172
£2,49006/250.02 miSopwith Avenue, London, E172
£2,49006/250.02 miSopwith Avenue, London, E172
£2,41506/250.02 miSopwith Avenue, London, E172
£2,49007/250.02 miSopwith Avenue, London, E172
£2,41507/250.02 miSopwith Avenue, London, E172
£2,41507/250.02 miSopwith Avenue, London, E172
£2,41007/250.02 miSopwith Avenue, London, E172
£2,49007/250.02 miSopwith Avenue, London, E172
£2,41007/250.02 miSopwith Avenue, London, E172
£2,20003/240.03 miCollendale Road, Walthamstow, E17 6SZ2
£2,53505/250.03 miSopwith Avenue, London, E172
£2,41505/250.03 miSopwith Avenue, London, E172
£2,41505/250.03 miSopwith Avenue, London, E172
£2,41005/250.03 miSopwith Avenue, London, E172
£2,41006/250.03 miSopwith Avenue, London, E172
£2,53506/250.03 miSopwith Avenue, London, E172
£2,41506/250.03 miSopwith Avenue, London, E172
£2,41506/250.03 miSopwith Avenue, London, E172
£2,40506/250.03 miSopwith Avenue, London, E172
£2,41006/250.03 miSopwith Avenue, London, E172
£2,53506/250.03 miSopwith Avenue, London, E172
£2,41506/250.03 miSopwith Avenue, London, E172
£2,41506/250.03 miSopwith Avenue, London, E172
£2,52506/250.03 miSopwith Avenue, London, E172
£2,31706/250.03 miSopwith Avenue, London, E172
£2,41506/250.03 miSopwith Avenue, London, E172
£2,41506/250.03 miSopwith Avenue, London, E172
£2,43806/250.03 miSopwith Avenue, London, E172
£2,52506/250.03 miSopwith Avenue, London, E172
£2,52506/250.03 miSopwith Avenue, London, E172
£2,48506/250.03 miSopwith Avenue, London, E172
£2,41506/250.03 miSopwith Avenue, London, E172
£2,31706/250.03 miSopwith Avenue, London, E172
£2,52507/250.03 miSopwith Avenue, London, E172
£2,48507/250.03 miSopwith Avenue, London, E172
£2,41507/250.03 miSopwith Avenue, London, E172
£2,31707/250.03 miSopwith Avenue, London, E172
£2,22507/250.03 miSopwith Avenue, London, E172
£2,41507/250.03 miSopwith Avenue, London, E172
£2,52507/250.03 miSopwith Avenue, London, E172

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

5.03 miles away

Nearest school

0.20 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £525,000

January 17, 2025

Floor Plans

Property image

Description

  • Two Bedroom Purpose Built Flat +
  • Communal Entrance with Video Entry System For Added Security +
  • Communal Courtyard +
  • Private Balcony Overlooking Communal Courtyard +
  • Two Double Bedrooms +
  • En-Suite To Master Bedroom +

Magnificent, Marvelous & Modern, This exquisite two-bedroom apartment, purposefully constructed, presents an ideal fusion of modern design, considerate features, and a desirable location. Nestled in Hoffmans Road, it provides an array of conveniences, including meticulously landscaped communal gardens where you can relax and indulge in outdoor leisure. The apartment itself boasts a sophisticated and streamlined design, characterised by clean lines and top-tier finishes. The carefully curated interiors establish a welcoming and fashionable atmosphere tailored to the needs of contemporary living. Luxuriate in the elegantly appointed bathrooms, featuring sleek fixtures. The master bedroom's en-suite bathroom adds an additional layer of opulence and convenience. If you seek a modern and chic two-bedroom residence in a highly sought-after locale, this newly constructed property in Hoffmans Road is the ideal option.

Location

Within a 5-minute radius, Blackhorse Road Station (Victoria Line, Suffragette Line) provides excellent transport links, while the area is bustling with food shops like Tesco, Coop, and Nourished Communities, as well as popular cafes such as Blackhorse Workshop, Hermanos, and Narrative. Dining options include Slowburn and The Black Horse, complemented by fitness centers like F45, Move Strong, MoreYoga, and FS8, along with the Yonder climbing center. For socializing, the neighborhood boasts breweries and hangouts like Big Penny Social, Signature Brew, and Exale Taproom. Within 10 minutes, you’ll find St James Street Station (Weaver Line), the serene Walthamstow Wetlands, and the lively CRATE St James Street. Extending to a 30-minute reach, key destinations include Kings Cross, Oxford Circus, and Liverpool Street via efficient train lines, as well as green escapes like Hampstead Heath, Lloyd Park, Walthamstow Village, Walthamstow Marshes, and Tottenham Marshes. For longer road-free walks or bike rides, explore River Lee Country Park, Hackney Marshes, Victoria Park, or Queen Elizabeth Olympic Park.

Tenure & Council Tax

Tenure: Leasehold
Lease Length: 125 years from 01/01/2018
Service Charge: £1,750 pa
Ground Rent: £450 pa
Council Tax Band: B
Annual Council Tax Estimate: £1,691

Kitchen/Reception - 3.47 x 7.84 (11'4" x 25'8") - Double Glazed windows to the rear aspect, doors leading to the balcony, laminate flooring, single radiator, Range of base and wall units, electric hob, electric oven, extractor fan, sink drainer unit, integrated fridge freezer, integrated dishwasher, power points.

Bedroom One - 3.05 x 4.34 (10'0" x 14'2") - Double glazed windows to the rear aspect, single radiator, carpeted flooring, power points.

En Suite - 1.67 x 2.17 (5'5" x 7'1") - Part tiled walls, heated towel rail, tiled flooring, extractor fan, shower cubicle with thermostatically controlled shower, hand wash basin with mixer taps, low level flush WC.

Bedroom Two - 2.85 x 4.34 (9'4" x 14'2") - Double glazed windows to the rear aspect, single radiator, carpeted flooring, power points.

Bathroom - 2.18 x 2.05 (7'1" x 6'8") - Part tiled walls, heated towel, extractor fan, panel enclosed bath with mixer taps, thermostatically controlled shower, hand wash basin with mixer taps, low level flush WC

Agent Details

Kings Group, Walthamstow

020 3873 9738

Next Steps?

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