3 Bed Flat, Single Let, London, E17 5NZ, £370,000

Eastleigh Road, Walthamstow, E17 5NZ - 2 months ago

Leasehold

BTL

ROI: 3%

~93 m²

+6 photos

ValuationUndervalued

Sold Prices	£209.5K - £659.2K
Sold Prices/m²	£2.8K/m² - £11.1K/m²

Square Metres	~93 m²
Price/m²	£4K/m²
Value Estimate	£447,700£447,700
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£92,500£92,500
Stamp Duty & Legal Fees	£18,300£18,300
Total Cash In	£110,800£110,800

Cash Out
Rent Range	£1,600 - £3,200£1,600 - £3,200
Rent Estimate	£1,863
Running Costs/mo	£1,549£1,549
Cashflow/mo	£314£314
Cashflow/yr	£3,770£3,770
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

36 sold prices from £209.5K to £659.2K, average is £459K. £2.8K/m² to £11.1K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£535K	09/21	0.22 mi	46, Mersey Road, London, Greater London E17 5LB	£8,992	60	3	Flat
£580K	02/23	0.22 mi	68, Mersey Road, London, Greater London E17 5LB	£9,667	60	3	Flat
£523K	05/21	0.25 mi	83, Badlis Road, London, Greater London E17 5LG	£6,081	86	3	Flat
£416K	08/21	0.26 mi	10a, Claremont Road, London, Greater London E17 5RJ	£7,235	58	3	Flat
£522K	01/23	0.3 mi	56, North Countess Road, London, Greater London E17 5HT	£8,156	64	3	Flat
£500K	03/21	0.31 mi	44, North Countess Road, London, Greater London E17 5HT	£7,143	70	3	Flat
£580K	07/23	0.31 mi	22, Brettenham Road, Walthamstow, London, Greater London E17 5BA	£7,904	73	3	Flat
£575K	03/21	0.31 mi	14, Brettenham Road, London, Greater London E17 5BA	£8,333	69	3	Flat
£485K	02/23	0.33 mi	194, Brettenham Road, London, Greater London E17 5AY	-	-	3	Flat
£460K	03/21	0.45 mi	191, Brettenham Road, London, Greater London E17 5AX	£6,667	69	3	Flat
£540K	11/20	0.46 mi	82b, Erskine Road, Walthamstow, London, Greater London E17 6SA	-	-	3	Flat
£536K	12/20	0.53 mi	60a, Hatherley Road, London, Greater London E17 6SB	-	-	3	Flat
£429K	06/21	0.54 mi	287, Brettenham Road, London, Greater London E17 5AT	£6,414	67	3	Flat
£625K	12/21	0.64 mi	116, Warner Road, London, Greater London E17 7DZ	£9,653	65	3	Flat
£445K	04/21	0.76 mi	21, Chewton Road, London, Greater London E17 7DW	£6,014	74	3	Flat
£326.3K	02/21	0.8 mi	Flat 19, Gaitskell House, The Drive, London, Greater London E17 3DD	-	-	3	Flat
£458K	01/21	0.81 mi	75, Cornwallis Road, London, Greater London E17 6NL	£5,725	80	3	Flat
£491.5K	06/21	0.94 mi	First Floor Flat, 5, Second Avenue, London, Greater London E17 9QH	-	-	3	Flat
£430K	01/23	0.98 mi	9a, Third Avenue, London, Greater London E17 9QJ	-	-	3	Flat
£420K	11/21	1.01 mi	122a, Orford Road, London, Greater London E17 9QX	-	-	3	Flat
£550K	02/23	1.05 mi	80, Camden Road, London, Greater London E17 7NF	£11,111	50	3	Flat
£659.2K	08/21	1.08 mi	48, Pembroke Road, London, Greater London E17 9PB	£8,344	79	3	Flat
£425K	07/23	1.23 mi	20, Winsbeach, London, Greater London E17 3SS	£5,183	82	3	Flat
£278K	06/21	1.24 mi	13, Appleby Close, London, Greater London E4 9ND	£3,757	74	3	Flat
£370K	07/23	1.33 mi	114, Upper Walthamstow Road, London, Greater London E17 3QQ	£5,692	65	3	Flat
£435K	04/21	1.36 mi	16, Reedham Close, London, Greater London N17 9PT	£5,058	86	3	Flat
£345K	08/21	1.38 mi	Flat 5, Ellen Miller House, Raglan Road, London, Greater London E17 9EG	-	-	3	Flat
£475K	01/21	1.41 mi	113, Lansdowne Road, London, Greater London N17 0NN	£5,655	84	3	Flat
£209.5K	08/21	1.45 mi	256a, Hale End Road, Woodford Green, Greater London IG8 9LR	-	-	3	Flat
£515K	03/23	1.49 mi	108, Theydon Street, Walthamstow, London, Greater London E17 8EL	£7,803	66	3	Flat
£500K	07/21	1.6 mi	52, Hitcham Road, London, Greater London E17 8HN	£7,463	67	3	Flat
£275K	03/21	1.78 mi	60, Old Church Road, London, Greater London E4 8DB	£2,835	97	3	Flat
£272.5K	05/21	1.78 mi	64, Old Church Road, London, Greater London E4 8DB	£3,119	87	3	Flat
£406.6K	11/20	1.9 mi	12, Perth Road, London, Greater London E10 7PB	£7,531	54	3	Flat
£388K	12/20	1.93 mi	49, Rivenhall Gardens, London, Greater London E18 2BU	£4,974	78	3	Flat
£405K	03/21	1.99 mi	25, Hermitage Walk, London, Greater London E18 2BP	£5,870	69	3	Flat

Local Rents

50 rents from £1.6K/mo to £3.2K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	03/24	0.15 mi	Elphinstone Road, Walthamstow, LONDON, E17	3	Terraced House
£2,400	12/24	0.17 mi	-	3	Flat
£2,200	03/24	0.2 mi	Holmes Avenue, Walthamstow, LONDON, E17	3	Terraced House
£2,350	02/25	0.22 mi	-	3	Terraced House
£2,200	03/24	0.25 mi	-	3	Terraced House
£2,350	03/24	0.25 mi	-	3	Semi-Detached House
£2,200	03/25	0.25 mi	-	3	Terraced House
£2,300	02/25	0.29 mi	-	3	Terraced House
£3,200	04/24	0.33 mi	Ardleigh Road, Walthamstow E17	3	Terraced House
£1,900	03/24	0.33 mi	Roma Road, Walthamstow, London, E17	3	Terraced House
£2,800	02/25	0.34 mi	-	3	Semi-Detached House
£2,200	01/25	0.34 mi	-	3	Semi-Detached House
£2,100	05/24	0.34 mi	Russell Road, London	3	Terraced House
£2,000	05/24	0.35 mi	Higham Street, London	3	Flat
£2,300	05/24	0.35 mi	-	3	Terraced House
£1,600	05/24	0.37 mi	-	3	Flat
£2,200	05/24	0.37 mi	Palmerston Road, London	3	Terraced House
£2,200	05/24	0.37 mi	Palmerston Road, Walthamstow, London, E17	3	House
£2,200	05/24	0.37 mi	Palmerston Road, Walthamstow, E17	3	Terraced House
£2,250	03/24	0.37 mi	Millfield Avenue, E17	3	Terraced House
£3,150	03/25	0.38 mi	-	3	Semi-Detached House
£2,200	03/24	0.38 mi	Stirling Road, Walthamstow, E17	3	Semi-Detached House
£2,250	03/24	0.39 mi	Millfield Avenue, Walthamstow, London	3	Flat
£2,200	03/24	0.39 mi	Pearl Road, London E17	3	House
£2,200	02/25	0.41 mi	-	3	Terraced House
£1,950	03/24	0.43 mi	King Edward Road, Walthamstow, London, E17	3	Terraced House
£2,400	05/24	0.43 mi	Penrhyn Avenue, London	3	Terraced House
£2,400	04/24	0.43 mi	Chingford Road, London, E17	3	Terraced House
£2,400	04/24	0.43 mi	Chingford Road, London, E17	3	Terraced House
£2,300	05/24	0.43 mi	Chingford Road, E17 4PL	3	Terraced House
£2,000	02/25	0.44 mi	-	3	Flat
£3,200	01/25	0.44 mi	-	3	Flat
£3,000	01/24	0.45 mi	-	3	Flat
£2,400	05/24	0.45 mi	Douglas Avenue, Walthamstow, London, E17	3	House
£2,000	04/24	0.46 mi	-	3	Terraced House
£2,200	05/24	0.46 mi	-	3	Terraced House
£2,250	03/24	0.46 mi	Goldsmith Road, Walthamstow	3	Terraced House
£2,200	01/25	0.48 mi	-	3	Flat
£2,200	01/25	0.48 mi	-	3	Flat
£2,200	01/25	0.48 mi	-	3	Flat
£2,500	02/25	0.49 mi	-	3	Flat
£2,500	12/24	0.49 mi	-	3	Flat
£2,500	12/24	0.49 mi	-	3	Flat
£2,500	12/24	0.49 mi	-	3	Flat
£2,500	01/25	0.49 mi	-	3	Flat
£2,500	01/25	0.49 mi	-	3	Flat
£2,250	01/25	0.49 mi	-	3	Terraced House
£2,500	01/25	0.49 mi	-	3	Flat
£2,300	01/25	0.49 mi	-	3	Flat
£2,300	04/24	0.5 mi	-	3	Terraced House

Local Area Statistics

Population in E17	102,968102,968
Population in London	4,771,9214,771,921
Town centre distance	5.63 miles away5.63 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.73 miles away0.73 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £370,000

January 23, 2025

Floor Plans

Description

Guide Price £370,000 - £400,000 +
3 Bedroom 1st Floor Flat +
Close to Lloyd Park +
Short Walk to Blackhorse and Walhamstow Station +
Ideal for First Time Buyers +
Balcony +
Well Presented Throughout +
850 square foot +

Guide Price £370,000 - £400,000 - Nestled on Eastleigh Road in London, this spacious first-floor flat offers a delightful living experience in a vibrant area. With a generous 850 square feet of well-designed space, the property features three comfortable bedrooms, a welcoming reception room, and a modern bathroom, making it an ideal choice for families or those seeking extra room.

This purpose-built flat combines classic charm with contemporary living. The property boasts a lovely balcony area, perfect for enjoying a morning coffee or unwinding after a long day. Its location is particularly advantageous, as it is within walking distance of both Blackhorse Road and Walthamstow Central Stations, providing excellent transport links to the rest of London.

Residents will appreciate the proximity to the lush green spaces of Lloyd Park, offering a serene escape from the hustle and bustle of city life. Additionally, the vibrant shops and amenities of Walthamstow are just moments away, ensuring that all your daily needs are easily met.

This flat is an excellent opportunity for first-time buyers looking to establish themselves in a thriving community or for investors seeking a promising rental property. With its spacious layout, convenient location, and appealing features, this flat on Eastleigh Road is not to be missed.

Lease remaining: 105 years left
Service charge: £3000 per year
Ground rent: £10 per year

Bowden Bradley Estate Agents are the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Hallway -

Living Room - 4.50m x 4.27m (14'9 x 14'0) -

Kitchen - 3.23m x 2.84m (10'7 x 9'4) -

Bedroom - 4.29m x 3.33m (14'1 x 10'11) -

Bedroom - 4.27m x 3.25m (14'0 x 10'8 ) -

Bedroom - 3.25m x 1.98m (10'8 x 6'6) -

Bathroom -

Separate W/C -

Balcony -

Agent Details

Bowden Bradley, Hainault

020 3907 7766

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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