2 Bed Flat, Single Let, London, E17 4GB, £400,000

28 The Avenue, London, E4 9LD - 1 views - 2 months ago

Sold STC
Leasehold
BTL
75 m²
+14 photos

ValuationUndervalued

Sold Prices£277K - £585K
Sold Prices/m²£4.5K/m² - £9.6K/m²

 

 

Square Metres

75 m²
Price/m²£5.3K/m²

Value Estimate

£488,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,300

Rent Estimate

£1,462

Running Costs/mo

£1,562

Cashflow/mo

£-100

Cashflow/yr

£-1,205

Gross Yield

4%

Local Sold Prices

50 sold prices from £277K to £585K, average is £434.5K. £4.5K/m² to £9.6K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£420K12/200.19 mi70, Spruce Hills Road, London, Greater London E17 4LD2
£414K02/210.22 mi27, Northbank Road, London, Greater London E17 4JY2
£325K01/210.24 mi6, Winsbeach, London, Greater London E17 3SS2
£380K01/230.29 mi14, Fyfield Road, London, Greater London E17 3RG2
£277K02/210.36 miFlat 1, Boyden House, Shernhall Street, London, Greater London E17 3ET2
£362K07/210.41 miFlat 10, Newton House, Prospect Hill, London, Greater London E17 3ER2
£340K06/230.42 miFlat 17, Powell Court, Prospect Hill, London, Greater London E17 3EN2
£415K05/210.45 mi25, Upper Walthamstow Road, London, Greater London E17 3QG2
£375K06/210.47 mi104b, Upper Walthamstow Road, London, Greater London E17 3QQ2
£435K01/210.51 mi25, Church Hill Road, London, Greater London E17 9RX2
£344.5K03/230.56 mi13, Sky Peals Road, Woodford Green, Greater London IG8 9NE2
£405K05/210.57 mi2e, Church Hill Road, London, Greater London E17 9RX2
£305K06/210.59 mi71, Brookfield Avenue, London, Greater London E17 9ER2
£360K09/210.6 mi227c, Wood Street, London, Greater London E17 3NT2
£325K03/210.61 mi174, Hale End Road, Woodford Green, Greater London IG8 9LZ2
£420K12/200.61 mi278, Brettenham Road, London, Greater London E17 5AU2
£472K06/230.61 mi312, Brettenham Road, London, Greater London E17 5AU2
£434K12/200.63 mi321, Brettenham Road, London, Greater London E17 5AT2
£420K06/230.65 mi7, Bishops Close, London, Greater London E17 9RP2
£460K12/200.65 mi15, Bishops Close, London, Greater London E17 9RP2
£415K06/230.66 mi87b, Church Hill, London, Greater London E17 3BD2
£435K08/210.69 mi266, Brettenham Road, London, Greater London E17 5AY2
£524.5K02/230.69 mi250, Brettenham Road, London, Greater London E17 5AY2
£325K04/210.7 mi221, Brettenham Road, London, Greater London E17 5AX2
£385.5K03/230.76 miFlat 41, Hainault Court, Forest Rise, London, Greater London E17 3NW2
£400K08/230.76 miFlat 40, Hainault Court, Forest Rise, London, Greater London E17 3NW2
£469.9K04/210.76 mi18, Winns Terrace, London, Greater London E17 5EJ2
£477.5K05/210.77 mi65, Winns Terrace, London, Greater London E17 5EJ2
£440K11/210.78 mi82, Carr Road, London, Greater London E17 5EN2
£433K06/210.78 mi64, Carr Road, Walthamstow, London, Greater London E17 5EN2
£460K04/230.78 mi32, Carr Road, Walthamstow, London, Greater London E17 5EN2
£447.5K01/210.79 mi119, Brettenham Road, London, Greater London E17 5AZ2
£478K06/210.79 mi36, Brettenham Road, London, Greater London E17 5BA2
£450K12/210.8 mi7a, Comely Bank Road, London, Greater London E17 9ND2
£465K05/210.81 mi73, Badlis Road, London, Greater London E17 5LG2
£506.5K02/210.81 mi13, Badlis Road, London, Greater London E17 5LG2
£405K01/210.81 mi53a, Carr Road, London, Greater London E17 5ER2
£520K02/230.81 mi198, Carr Road, Walthamstow, London, Greater London E17 5EW2
£497K02/210.81 mi214, Carr Road, Walthamstow, London, Greater London E17 5EW2
£428K11/200.81 mi148, Carr Road, Walthamstow, London, Greater London E17 5EW2
£470K12/200.83 mi14, Fleeming Road, London, Greater London E17 5ES2
£585K03/230.83 mi40, Winns Avenue, Walthamstow, London, Greater London E17 5EL2
£440.8K03/210.83 mi6, Winns Avenue, Walthamstow, London, Greater London E17 5EL2
£330K09/210.83 mi397a, Hale End Road, Woodford Green, Greater London IG8 9LL2
£460.2K11/200.83 mi90, Fleeming Road, Walthamstow, London, Greater London E17 5ES2
£475K05/230.83 mi48, Fleeming Road, Walthamstow, London, Greater London E17 5ES2
£460K03/210.83 mi72, Fleeming Road, Walthamstow, London, Greater London E17 5ES2
£485K06/230.83 mi74, Fleeming Road, Walthamstow, London, Greater London E17 5ES2
£435.8K05/210.84 mi116, Diana Road, Walthamstow, London, Greater London E17 5LF2
£495K01/230.84 mi58, Winns Avenue, Walthamstow, London, Greater London E17 5EL2

Local Rents

34 rents from £1.4K/mo to £2.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,99503/240.02 miHawker Place, London, E172
£1,65004/240.17 miSt. Johns Road, London2
£2,30001/240.19 mi-2
£2,10003/240.24 miWoodlands Road, Walthamstow E172
£2,22002/240.25 mi-2
£1,45012/240.26 mi-2
£1,45002/250.26 mi-2
£1,70002/240.29 mi-2
£1,60003/240.3 miHavant Road, Walthamstow, London, E172
£1,75003/240.31 miFernhill Court, (PP404), Walthamstow2
£1,69503/240.33 miOff Wood St, Walthamstow, London, E172
£1,69504/240.33 miOff Wood St, Walthamstow, London, E172
£1,55003/240.34 miForest Road, Walthamstow2
£1,70003/250.36 mi-2
£1,75005/240.37 miHillcrest Road, Walthamstow2
£1,49903/240.4 mi-2
£1,49902/240.4 mi-2
£2,20005/240.43 miLondon, London, E172
£2,00005/240.43 mi-2
£1,60004/240.43 miFulbourne Road, Walthamstow, London, E172
£1,60004/240.44 miFulbourne Road, Walthamstow2
£1,60003/240.47 miPoplars House, The Drive, Walthamstow, E172
£2,00003/240.49 miVallentin Road, Walthamstow, London, E172
£1,60003/240.5 miWood Street, London2
£1,75005/240.51 miKitchener Road, Walthamstow E172
£1,90001/250.55 mi-2
£2,25003/250.55 mi-2
£1,80003/250.55 mi-2
£1,55003/250.56 mi-2
£1,47504/250.56 mi-2
£1,47504/250.56 mi-2
£2,15003/240.58 miHoward Road, Walthamstow2
£1,85003/240.59 mi-2
£2,20004/240.62 miAubrey Road, Walthamstow, London, E172

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

6.25 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £400,000

February 7, 2025

Floor Plans

Description

  • Approx. 731 sq. ft. +
  • Two Bedrooms +
  • Open Plan Lounge/Kitchen +
  • Two Bathrooms +
  • Private Balcony +
  • Allocated Parking +
  • Leasehold 136 Years +
  • Service Charge £191 p/m +
  • Ground Rent £240 p/a +
  • Council Tax Band C +

Unlike most in the block, this stunning two-bedroom, two-bathroom apartment offers an exceptional living experience with its spacious layout, allocated parking, and a fantastic wrap-around balcony that basks in the sun all day long. Step inside, and you’re welcomed by a bright and airy open-plan living space, where dual-aspect windows and doors flood the room with natural light. The generous layout easily accommodates a dining area—perfect for hosting friends and family. The fully fitted kitchen comes with integrated appliances, making entertaining effortless. The two double bedrooms provide ample space, with the master featuring a stylish en-suite bathroom. A well-designed central hallway offers plenty of storage and leads to a modern family bathroom. Beyond the apartment itself, the development offers beautifully maintained gardens, secure bike storage, an on-site gym, and a concierge service for added convenience. The included parking space is a rare bonus, and for those without a car, it can be easily rented out via the building’s active WhatsApp group.

Location-wise, you’re just a mile from Walthamstow Central, with the Victoria Line providing fast connections into the city. A bus at the top of the road gets you there in under 10 minutes. Wood Street station is also just a 10-minute walk away, offering an 18-minute train ride directly into Liverpool Street station—ideal for commuters. Meanwhile, Wood Street’s vibrant mix of boutique shops, cozy cafés, lively pubs, and fantastic restaurants is right on your doorstep. Be sure to check out ‘The Indoor Market’—one of our personal favourites! This is a fantastic opportunity for first-time buyers, especially those considering renting out the second bedroom. With stylish interiors, incredible outdoor space, and unbeatable convenience, this apartment is not to be missed.

Leasehold 136 Years
Service Charge £191 p/m
Ground Rent £240 p/a
Council Tax Band C
EPC Rating C

Agent Details

Central Estate Agents, Walthamstow

020 3834 8367

Next Steps?

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