3 Bed Semi-Detached House, Refurb/BRRR, London, E4 6JW, £475,000

Withy Mead, Chingford, E4 6JW - 2 months ago

Under Offer
Refurb/BRRR
ROI: 1%
~93 m²
+17 photos

ValuationFair Value

Sold Prices£375K - £730K
Sold Prices/m²£4.1K/m² - £8.4K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£484,500

 

 

End Value (After Refurb)

£515,270

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£49,200

Bridging Loan Interest

£12,469

Total Cash In

£208,869

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£515,270

Mortgage (After Refinance)

£386,453

Mortgage LTV

75%

Cash Released

£30,203

Cash Left In

£178,666

Equity

£128,818

Rent Range

£1,800 - £2,900

Rent Estimate

£2,308

Running Costs/mo

£2,092

Cashflow/mo

£216

Cashflow/yr

£2,594

ROI

1%

Gross Yield

6%

Local Sold Prices

51 sold prices from £375K to £730K, average is £535K. £4.1K/m² to £8.4K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£450K11/200.03 mi68, Withy Mead, London, Greater London E4 6JW3
£650K06/210.06 mi131, Larkshall Road, London, Greater London E4 6PE3
£430K04/230.09 mi80, Wittenham Way, London, Greater London E4 6JP3
£435K01/210.09 mi11, Buckrell Road, London, Greater London E4 6JN3
£470K11/200.15 mi130, Larkshall Road, London, Greater London E4 6NH3
£538K09/210.16 mi81, Dale View Crescent, London, Greater London E4 6PH3
£380K04/230.17 mi29, Withy Mead, London, Greater London E4 6JY3
£606K06/210.17 mi43, Dale View Avenue, London, Greater London E4 6PJ3
£610K03/210.18 mi16, Fairlight Close, London, Greater London E4 6PB3
£665K02/230.18 mi8, Fairlight Close, London, Greater London E4 6PB3
£455K06/210.19 mi34, Wittenham Way, London, Greater London E4 6JR3
£425K08/230.19 mi59, Longshaw Road, London, Greater London E4 6LH3
£472K03/230.2 mi54, Withy Mead, London, Greater London E4 6JZ3
£410K07/230.2 mi44, Withy Mead, London, Greater London E4 6JZ3
£645K02/210.2 mi51, Endlebury Road, London, Greater London E4 6QB3
£565K04/210.22 mi36, Fairlight Avenue, London, Greater London E4 6PA3
£420K02/210.22 mi3, Arbor Road, London, Greater London E4 6LJ3
£505K05/210.25 mi4, Daphne Gardens, London, Greater London E4 9SP3
£686.5K03/210.27 mi42, Elmfield Road, London, Greater London E4 7HU3
£615K11/210.27 mi3, Dale View Avenue, London, Greater London E4 6PJ3
£495K12/200.28 mi34, Endlebury Road, London, Greater London E4 6QG3
£730K01/230.29 mi56, Dale View Crescent, London, Greater London E4 6PQ3
£450K03/210.29 mi15, Little Friday Road, London, Greater London E4 6HD3
£375K03/210.29 mi17, Connington Crescent, Chingford, London, Greater London E4 6LE3
£600K05/230.32 mi5, Gunners Grove, London, Greater London E4 9SR3
£465K12/200.35 mi41, Mead Crescent, London, Greater London E4 6NX3
£445K04/210.36 mi59, Normanton Park, London, Greater London E4 6HE3
£530K03/230.37 mi69, Heathcote Grove, London, Greater London E4 6SB3
£580K12/200.37 mi13, Balgonie Road, London, Greater London E4 7HL3
£535K03/210.38 mi7, Manor Way, London, Greater London E4 6NW3
£580K04/210.38 mi206, Larkshall Road, London, Greater London E4 6NP3
£432K12/200.38 mi23, Chingdale Road, London, Greater London E4 6HZ3
£585K11/210.4 mi21, The Bramblings, London, Greater London E4 6LT3
£550K03/230.4 mi3, The Bramblings, London, Greater London E4 6LT3
£550K01/210.41 mi23, Kings Road, Chingford, London, Greater London E4 7HP3
£570K02/210.41 mi43, Kings Road, Chingford, London, Greater London E4 7HP3
£560K12/200.41 mi68, Whitehall Gardens, London, Greater London E4 6EH3
£560K12/200.41 mi68, Whitehall Gardens, London, Greater London E4 6EH3
£550K04/210.41 mi21, Whitehall Gardens, London, Greater London E4 6EH3
£450K09/210.41 mi16, Whitehall Gardens, London, Greater London E4 6EH3
£670K06/230.41 mi15, Whitehall Gardens, London, Greater London E4 6EH3
£467.5K07/230.42 mi48, Coney Burrows, London, Greater London E4 6EB3
£421K06/210.42 mi73, Chingdale Road, London, Greater London E4 6HZ3
£475K09/210.42 mi93, Chingdale Road, London, Greater London E4 6HZ3
£610K02/230.43 mi22, Moreland Way, London, Greater London E4 6SG3
£615K03/210.43 mi50, Scholars Road, London, Greater London E4 7HH3
£400K05/210.44 mi80, Bernwell Road, London, Greater London E4 6HY3
£495K04/210.44 mi7a, Newgate Street, London, Greater London E4 6JB3
£465K06/230.44 mi130, Manor Farm Drive, Chingford, London, Greater London E4 6HH3
£570K01/230.44 mi22, Scholars Road, London, Greater London E4 7HH3
£650K01/230.44 mi34, Whitehall Gardens, London, Greater London E4 6EH3

Local Rents

33 rents from £1.8K/mo to £2.9K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,39512/240.05 mi-3
£2,90003/240.09 mi-3
£2,55003/240.09 miWittenham Way, Chingford, E43
£2,55004/240.09 mi-3
£2,50003/240.09 mi-3
£2,50004/240.09 mi-3
£2,00003/240.15 miLukin Crescent, Chingford, E43
£2,20003/240.2 miLukin Crescent, Chingford E43
£2,40003/250.23 mi-3
£2,40012/240.23 mi-3
£2,30012/240.23 mi-3
£2,40003/250.23 mi-3
£2,40003/250.23 mi-3
£1,80001/250.24 mi-3
£2,70003/240.27 miDale View Crescent, London3
£2,50005/240.27 mi-3
£2,25011/240.27 mi-3
£2,10003/240.29 miBlackthorne Drive, Chingford Hatch E43
£1,80003/240.29 miHatch Lane, London3
£1,80003/240.3 miHatch Lane, Chingford, E43
£2,50012/230.31 mi-3
£1,85004/240.33 mi-3
£2,50012/240.33 mi-3
£2,30011/240.4 mi-3
£2,30011/240.4 mi-3
£2,25005/240.44 miWhitehall Gardens, Chingford3
£1,80004/240.51 miLea Court, The Ridgeway, London, E43
£2,70003/250.55 mi-3
£1,90004/240.56 miRetingham Way, Chingford, London. E4 6RR3
£2,10012/230.57 mi-3
£2,65012/240.58 mi-3
£2,20003/250.6 mi-3
£2,75005/240.62 miStation Road, Chingford3

Local Area Statistics

Population in E4

60,225

Population in London

4,771,921

Town centre distance

8.01 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £475,000

February 3, 2025

Floor Plans

Description

  • Three Bedroom Semi-Detached House +
  • Interconnecting Reception Rooms +
  • Good Size Galley Fitted Kitchen +
  • First Floor Shower Room +
  • Double Glazing +
  • Gas Central Heating +
  • Approx. 55ft Rear Garden +
  • Close To Local Amenities +
  • Chain Free +

Situated on a quiet residential turning is the three bedroom semi detached house which is in need of modernisation. Added benefits include two interconnecting living rooms, a good sized fitted galley kitchen, first floor shower room with a separate WC, double glazing, gas central heating, and a rear garden which is approximately 55ft in length with side access to the front.

Withy Mead is situated within easy reach of the local shopping area of Chingford Hatch and Station Road in North Chingford with all its bars, restaurants, coffee shops, local bus routes and Chingford Overground Station with direct access into Liverpool Street as well as Walthamstow Central where you can change over to the Victoria Line on the Underground.

A happy middle ground between city and country life, you'll find many parks in Chingford as well as the vast green scenic spaces of Epping Forest to explore for when you fancy a tranquil walk.

There are also plenty of local schools withing walking distance, both primary and secondary and in our opinion once modernised, this property would make an excellent family home and must be viewed to be fully appreciated.

Agent Details

Coultons, London

020 3907 9959

Next Steps?

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