3 Bed House, Refurb/BRRR, London, E17 4HQ, £525,000

Garner Road, Walthamstow, E17 4HQ - 2 views - 2 months ago

Refurb/BRRR
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£420K - £846K
Sold Prices/m²£4.8K/m² - £9.3K/m²

 

 

Square Metres

~93 m²
Price/m²£5.6K/m²

Value Estimate

£561,000
BMV2%

 

 

End Value (After Refurb)

£588,608

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£32,700

Refurb Costs

£49,200

Bridging Loan Interest

£13,781

Total Cash In

£228,681

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£588,608

Mortgage (After Refinance)

£441,456

Mortgage LTV

75%

Cash Released

£47,706

Cash Left In

£180,976

Equity

£147,152

Rent Range

£1,850 - £3,495

Rent Estimate

£2,418

Running Costs/mo

£2,343

Cashflow/mo

£75

Cashflow/yr

£900

ROI

0%

Gross Yield

6%

Local Sold Prices

50 sold prices from £420K to £846K, average is £546.5K. £4.8K/m² to £9.3K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£500K10/210.02 mi42, Garner Road, London, Greater London E17 4HQ3
£455K12/200.04 mi144, Fulbourne Road, London, Greater London E17 4ET3
£530K03/230.04 mi120, Fulbourne Road, Walthamstow, London, Greater London E17 4ET3
£492.5K12/210.08 mi211, Fulbourne Road, Walthamstow, London, Greater London E17 4HD3
£575K11/200.11 mi22, Queenswood Avenue, Walthamstow, London, Greater London E17 4EH3
£500K05/210.11 mi13, Queenswood Avenue, Walthamstow, London, Greater London E17 4EH3
£575K05/230.12 mi343, Fulbourne Road, Walthamstow, London, Greater London E17 4HL3
£515K09/210.15 mi70, Northbank Road, London, Greater London E17 4JZ3
£603K08/220.15 mi65, Northbank Road, London, Greater London E17 4JY3
£615K06/230.15 mi220, St Johns Road, Walthamstow, London, Greater London E17 4JN3
£750K07/230.15 mi228, St Johns Road, Walthamstow, London, Greater London E17 4JN3
£640K08/220.16 mi53, Spencer Road, London, Greater London E17 4BD3
£600K12/200.16 mi25, Woodend Road, London, Greater London E17 4JS3
£450K02/210.16 mi16, Woodend Road, London, Greater London E17 4JS3
£500K05/210.18 mi2, Chaucer Road, London, Greater London E17 4BE3
£500K05/210.18 mi2, Chaucer Road, London, Greater London E17 4BE3
£650K01/210.18 mi38, Thorpe Road, Walthamstow, London, Greater London E17 4LA3
£688.5K04/210.2 mi48, Thorpe Road, Walthamstow, London, Greater London E17 4LA3
£510.1K12/210.21 mi67, Sturge Avenue, London, Greater London E17 4LF3
£548K05/230.22 mi73, Kitchener Road, London, Greater London E17 4LJ3
£536K02/230.24 mi104, Sturge Avenue, London, Greater London E17 4LQ3
£585K05/230.24 mi34, Guildford Road, London, Greater London E17 4DZ3
£444K11/200.26 mi62, Lamorna Close, London, Greater London E17 4DH3
£585K03/230.26 mi23, Brookscroft Road, London, Greater London E17 4LH3
£637.5K08/210.29 mi29, Beresford Road, London, Greater London E17 4LN3
£545K06/230.31 mi69, Roberts Road, London, Greater London E17 4LP3
£464K02/230.33 mi8, The Close, London, Greater London E4 9NU3
£663K02/230.33 mi11, Evanston Avenue, London, Greater London E4 9JS3
£613.8K11/200.33 mi43, Evanston Avenue, London, Greater London E4 9JS3
£645K06/210.33 mi2, Roberts Road, London, Greater London E17 4LR3
£645K06/210.34 mi2, Roberts Road, London, Greater London E17 4LR3
£537.5K04/210.34 mi261, Winchester Road, London, Greater London E4 9JW3
£505K06/210.34 mi257, Winchester Road, London, Greater London E4 9JW3
£485K04/210.34 mi11, Longacre Road, London, Greater London E17 4DT3
£560K02/210.34 mi13, Longacre Road, London, Greater London E17 4DT3
£420K03/230.36 mi26, Trevose Road, London, Greater London E17 4DR3
£521.6K03/210.36 mi42, Trevose Road, London, Greater London E17 4DR3
£530K06/210.36 mi25, Fulbourne Road, London, Greater London E17 4AX3
£560K01/210.37 mi51, Spruce Hills Road, London, Greater London E17 4LB3
£667K12/200.37 mi87, Spruce Hills Road, London, Greater London E17 4LB3
£621K05/230.38 mi71, Pentire Road, London, Greater London E17 4BY3
£500K04/230.4 mi170, Beech Hall Road, London, Greater London E4 9NT3
£846K06/230.4 mi126, Beech Hall Road, London, Greater London E4 9NT3
£530.5K03/210.4 mi47, Lyndhurst Road, London, Greater London E4 9JU3
£540K02/210.41 mi37, Lyndhurst Road, London, Greater London E4 9JU3
£516K01/210.41 mi29, Carnanton Road, London, Greater London E17 4DB3
£522.5K06/230.42 mi17, Lyndhurst Road, London, Greater London E4 9JU3
£665K02/230.44 mi6, Grantock Road, London, Greater London E17 4DE3
£595K01/230.44 mi31, Grantock Road, London, Greater London E17 4DF3
£710K12/210.44 mi148, Beech Hall Road, London, Greater London E4 9NT3

Local Rents

36 rents from £1.9K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,49504/240.05 miFulbourne Road, Walthamstow3
£2,49504/240.05 miFulbourne Road, Walthamstow3
£2,30005/240.11 miWalthamstow3
£2,40002/250.16 mi-3
£2,35004/240.21 mi-3
£2,35005/240.21 miMacdonald Road, London, E173
£2,35004/240.23 miMacdonald Road, London, E173
£2,25004/240.23 miMacdonald Road, Walthamstow E173
£2,50003/250.23 mi-3
£2,50003/250.24 mi-3
£3,20005/240.24 miGuildford Road, Walthamstow E173
£2,40002/250.31 mi-3
£1,85005/240.32 miSt Johns Road3
£3,49503/250.32 mi-3
£3,30002/250.34 mi-3
£3,19801/250.34 mi-3
£2,20012/240.37 mi-3
£2,40002/250.39 mi-3
£2,50003/240.41 mi3 Bedroom House To Let - Marten Road, Walthamstow, E17 - £2,500 PCM 3
£2,74003/250.41 mi-3
£2,00003/240.46 miAlma Avenue, London3
£2,30004/240.49 miEmpress Parade, London, E43
£2,30005/240.49 mi-3
£3,00001/240.49 mi-3
£2,30004/240.5 mi-3
£1,98001/250.51 mi-3
£2,40004/240.52 miChingford Road, London, E173
£2,40004/240.52 miChingford Road, London, E173
£2,30005/240.52 miChingford Road, E17 4PL3
£2,00003/240.54 miBeech Hall Crescent, E43
£2,75003/240.57 miWoodlands Road, Walthamstow, London, E173
£2,40005/240.57 miPenrhyn Avenue, London3
£2,30003/240.57 miWoodlands Road, Walthamstow, E173
£2,40005/240.57 miFernhill Court, (PP411), Walthamstow, E173
£2,40012/240.57 miFernhill Court, (PP411), Walthamstow, E173
£2,20002/250.61 mi-3

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

6.39 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £525,000

February 20, 2025

Listed for £550,000

January 27, 2025

Floor Plans

Description

  • OFFERS IN THE REGION OF £550,000 +
  • THREE BEDROOM HOUSE +
  • IN NEED OF SOME IMPROVEMENT +
  • CLOSE TO WOOD STREET +
  • BENEFITS FROM SIDE ACCESS +
  • IDEAL FIRST TIME PURCHASE +
  • POTENTIALLY OFFERED CHAIN FREE +
  • VIEWING IS HIGHLY ADVISED +

OFFERS IN THE REGION OF £550,000 ALLEN DAVIES are DELIGHTED to offer FOR SALE this THREE BEDROOM HOUSE, located off FULBOURNE ROAD and close to WOOD STREET. The property offers TWO RECEPTION ROOMS, KITCHEN, WC and LEAN-TO at rear, on the GROUND FLOOR. On the FIRST FLOOR we have THREE BEDROOMS and a BATHROOM. The property also benefits from SIDE ACCESS and a GENEROUS GARDEN and a OUTHOUSE. The property is nestled between WALTHAMSTOW and HIGHAMS PARK, so you have various options for TRANSPORT OPTIONS, you have GREAT ACCESS to either WALTHAMSTOW UNDEGROUND or HIGHAMS PARK/WOOD STREET OVERGROUND. The A406 and the M11 are also very close, so getting around is relatively easy. EATING OUT, again you have various options with WALTHAMSTOW VILLAGE, WOOD STREET offering plenty of RESTAURANTS and PUBS, our favourites are TUTO, THE DUKE, QUEENS ARMS and the newly opened RUFF`S BISTRO. This one is worth viewing, it offers great SPACE in a GOOD location, for appointments to view, please contact the office on .

RECEPTION 1 - 13'6" (4.11m) x 12'5" (3.78m)

RECEPTION 2 - 14'2" (4.32m) x 10'9" (3.28m)

KITCHEN - 7'9" (2.36m) x 7'3" (2.21m)

GROUND FLOOR WC

CONSERVATORY - 18'3" (5.56m) x 10'11" (3.33m)

BEDROOM 1 - 13'11" (4.24m) x 11'11" (3.63m)

BEDROOM 2 - 11'1" (3.38m) x 10'2" (3.1m)

FIRST FLOOR BATHROOM - 7'6" (2.29m) x 7'3" (2.21m)

BEDROOM 3 - 9'4" (2.84m) x 6'4" (1.93m)

SHED - 18'4" (5.59m) x 8'4" (2.54m)

GARDEN

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Allen Davies & Co, Leyton

020 3892 9577

Next Steps?

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