2 Bed Flat, Planning Permission, London, E17 8EF, £450,000

Markhouse Road, Walthamstow, E17 8EF - 2 views - 2 months ago

Leasehold
Planning
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£180K - £525K
Sold Prices/m²£4.3K/m² - £8.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£459,528
BMV2%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,200 - £3,350

Rent Estimate

£1,595

Running Costs/mo

£1,745

Cashflow/mo

£-150

Cashflow/yr

£-1,803

Gross Yield

4%

Local Sold Prices

50 sold prices from £180K to £525K, average is £405.5K. £4.3K/m² to £8.8K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£482.5K06/210.05 mi22, Harris Street, London, Greater London E17 8EQ2
£456.5K06/210.05 mi62, Harris Street, London, Greater London E17 8EQ2
£360K01/230.1 mi82, Hibbert Road, London, Greater London E17 8HF2
£450K03/210.1 mi18, Theydon Street, London, Greater London E17 8EL2
£475K11/210.1 mi28, Theydon Street, London, Greater London E17 8EL2
£300K01/210.14 miFlat 11, Bridge Court, Lea Bridge Road, London, Greater London E10 7JS2
£286.5K11/200.16 miFlat 28, Bridge Court, Lea Bridge Road, London, Greater London E10 7JS2
£180K03/210.16 miFlat 44, Bridge Court, Lea Bridge Road, London, Greater London E10 7JS2
£406K11/200.17 mi13, Blyth Road, London, Greater London E17 8HP2
£422.5K12/200.17 mi65, Blyth Road, London, Greater London E17 8HP2
£340K01/230.17 mi1, Hitcham Road, London, Greater London E17 8HL2
£435K08/230.17 mi99, Hitcham Road, London, Greater London E17 8HL2
£286K12/200.2 mi258a, Lea Bridge Road, London, Greater London E10 7LD2
£480K09/210.2 mi24, Hitcham Road, London, Greater London E17 8HN2
£360K02/230.23 mi36, Tudor Court, London, Greater London E17 8ET2
£330.8K10/210.23 mi36, Tudor Court, London, Greater London E17 8ET2
£275K05/230.23 mi6, Tudor Court, London, Greater London E17 8ET2
£429.5K02/230.25 mi264, Lea Bridge Road, London, Greater London E10 7LD2
£370K01/210.29 mi88, Malta Road, London, Greater London E10 7JU2
£450K06/230.3 mi143a, Manor Road, Leyton, London, Greater London E10 7HW2
£435K12/200.31 mi82, Seymour Road, Leyton, London, Greater London E10 7LY2
£440K07/210.33 mi302a, Capworth Street, London, Greater London E10 7BG2
£506K02/230.34 mi41, Bloxhall Road, London, Greater London E10 7LW2
£210K05/230.34 mi186, Lea Bridge Road, London, Greater London E10 7LN2
£431K03/210.34 mi15, Bloxhall Road, London, Greater London E10 7LW2
£355K03/210.34 mi11, Bloxhall Road, London, Greater London E10 7LW2
£370K06/210.34 mi81, Bloxhall Road, London, Greater London E10 7LW2
£425K02/230.36 mi20, Bloxhall Road, London, Greater London E10 7LP2
£408K12/200.37 mi14a, Callis Road, London, Greater London E17 8PN2
£360K09/210.37 mi67, Kettlebaston Road, London, Greater London E10 7PE2
£360K12/200.37 mi10a, Callis Road, London, Greater London E17 8PN2
£420K09/210.4 mi7, Perth Road, London, Greater London E10 7PA2
£340K06/230.4 mi31, Perth Road, London, Greater London E10 7PA2
£405K04/210.4 mi93, Perth Road, London, Greater London E10 7PA2
£410K10/210.4 mi19, Perth Road, London, Greater London E10 7PA2
£525K01/210.4 mi281, Capworth Street, London, Greater London E10 7AJ2
£405K06/230.4 mi101a, Boundary Road, London, Greater London E17 8NQ2
£360K03/210.42 mi44, Ringwood Road, London, Greater London E17 8PP2
£375K03/210.42 mi16, Clementina Road, London, Greater London E10 7PD2
£388K01/210.42 mi20, Clementina Road, London, Greater London E10 7LS2
£310K11/200.43 mi36, Low Hall Lane, London, Greater London E17 8BE2
£410K04/210.44 mi62, Perth Road, London, Greater London E10 7PB2
£410K09/210.44 mi48, Perth Road, London, Greater London E10 7PB2
£420.5K12/200.45 mi68, Camden Road, London, Greater London E17 7NF2
£445K06/210.47 mi56, Melbourne Road, London, Greater London E10 7HF2
£430K03/210.47 mi38, Devonshire Road, London, Greater London E17 8QJ2
£385K01/210.48 mi16a, Markhouse Avenue, London, Greater London E17 8AZ2
£380K06/210.5 mi75a, Markhouse Avenue, London, Greater London E17 8AY2
£390K09/210.5 mi57, Brighton Avenue, London, Greater London E17 7NE2
£410K11/200.5 mi34, Brighton Avenue, London, Greater London E17 7NE2

Local Rents

50 rents from £1.2K/mo to £3.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80003/240 mi-2
£2,50004/250.02 mi-2
£2,10003/250.02 mi-2
£1,75004/250.03 mi-2
£1,85004/250.04 mi-2
£1,85005/240.05 miWetherden Street, Walthamstow, London, E172
£3,35005/240.06 mi-2
£1,70004/240.07 miHarris Street, Walthamstow, London, E172
£1,59505/240.08 miHibbert Road, London, E172
£1,59505/240.08 mi-2
£1,90003/250.09 mi-2
£2,40002/250.1 mi-2
£1,99505/240.13 mi-2
£1,70003/240.13 miHibbert Road, Walthamstow, E172
£1,70004/240.13 miHibbert Road, Walthamstow, E172
£1,70004/240.13 miHibbert Road, Walthamstow, E172
£1,70004/240.13 miHibbert Road, Walthamstow, E172
£1,70005/240.14 mi-2
£2,00004/250.14 mi-2
£1,90003/240.15 miBlyth Road, Walthamstow, London, E172
£1,85012/240.15 mi-2
£1,70004/240.15 miLea Bridge Road, Walthamstow2
£1,65005/240.15 mi-2
£1,80002/250.17 mi-2
£1,55003/240.18 miHalstead Court, Walthamstow, E172
£2,00004/250.19 mi-2
£1,65010/230.22 miVerulam Avenue, London, E172
£1,75005/240.23 miTudor Court, Walthamstow2
£1,50005/240.23 miTudor Court, Walthamstow E172
£1,60004/240.23 miLea Bridge Road, London2
£1,55004/250.24 mi-2
£2,00004/240.24 mi-2
£2,00003/240.24 miWalthamstow, Walthamstow, London, E172
£1,70003/240.25 miChurch Road,London,E102
£2,00004/240.26 miSt. Helens Place, Leyton, E102
£1,70003/240.26 miChurch Road, Leyton, E102
£1,80004/250.28 mi-2
£1,65002/250.29 mi-2
£1,75001/250.3 mi-2
£1,65003/240.3 miSeymour Road, Leyton2
£1,50003/250.31 mi-2
£1,20003/250.31 mi-2
£1,85003/240.32 mi-2
£1,85003/240.32 miBelvedere Road, London, E102
£1,90002/240.32 mi-2
£2,20003/240.32 miMorieux Road, Leyton, London, E102
£1,70004/250.33 mi-2
£1,60003/240.34 miBloxhall Road London E102
£1,90003/250.34 mi-2
£1,85003/250.35 mi-2

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

4.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £450,000

February 5, 2025

Floor Plans

Description

  • Communal Garden +
  • Great Transport Links +
  • Modern Kitchen +
  • Stylish Bathroom +
  • Generous Sized Bedrooms +
  • Character Feature Windows +
  • Large Living Room +

Communal Garden - Great Transport Links - Modern Kitchen - Stylish Bathroom - Generous Sized Bedrooms - Character Feature Windows - Large Living Room

Situated in Walthamstow, this two bedroom ground floor flat could be ideal for those commuting into the city.

The living room offers a good blend of modern comfort and classic charm, with a character bay windows adding appeal. Generous in size, the living area is currently being used as a living and dining space.

Additionally with its stylish marble style worktops, the charming kitchen is a great place for cooking and preparing meals, offering ample worktop space as well as direct access to the shared garden.

The property boasts two well proportioned bedrooms, each offering a comfortable and versatile space. With similar dimensions, both rooms provide ample opportunity to create a cosy haven or a chic workspace, making them ideal for a range of lifestyles. A sleek, contemporary bathroom completes the property.

A good sized communal garden offers a place to enjoy al fresco meals or some fresh air.

Ideally located for local shops, schools and amenities the apartment also benefits from ample open green spaces, including parks and Walthamstow marshes, offering an abundance of space to enjoy the great outdoors. Transport links include Lea Bridge's overground station, Walthamstow Central's Elizabeth, Victoria and overground services and the A12 for added convenience.

Contact Durden & Hunt for a viewing!

Council Band B Waltham Forest
Lease Years Remaining: 137
Service Charge: We are advised there is no service charge, potential buyers are advised to obtain verification.
Ground Rent: A peppercorn, if demanded.
Business Insurance: £276.96 (01/04/23-31/03/24)

Consumer Protection from Unfair Trading Regulations 2008. Misrepresentations Act 1967. Property Misdescriptions Act 1991.

These details are prepared as a general guide only and should not be relied upon as a basis to enter a legal contract or to commit expenditure. The sales particulars may change in the course of time and any interested party is advised to make a final inspection of the property prior to exchange of contracts or signing of a tenancy agreement. Durden & Hunt have not tested any apparatus, equipment, fixtures and fittings or services. Items shown in photographs are not necessarily included. On occasion photographs may be owner supplied. On most occasions features and facilities of a property are owner advised and potential buyers/tenants are advised to confirm these. Please note that service charge, ground rent and lease lengths are subject to change, and the information we have supplied was true at time of instruction. References to the tenure, lease length, ground rent and service charges for any property are based on information supplied by the seller, buyers are advised to obtain verification of these stated figures from their solicitor before purchasing. Any mention of planning potential or planning permission is based on the current owners opinion, a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice, unless otherwise stated. Any reference to distance to stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances. Buyers/Tenants must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Durden & Hunt are a proud member of The Property Ombudsmen.

Agent Details

Durden & Hunt, Wanstead

020 8138 0636

Next Steps?

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