3 Bed Terraced House, Refurb/BRRR, London, E15 1QX, £550,000

10 Buxton Road, London E15 1QX - 5 views - 3 months ago

Refurb/BRRR
ROI: 2%
51 m²
+8 photos

ValuationOvervalued

Sold Prices£315K - £710K
Sold Prices/m²£3.6K/m² - £9.1K/m²

 

 

Square Metres

50.50 m²
Price/m²£10.9K/m²

Value Estimate

£296,171

 

 

End Value (After Refurb)

£539,950

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Refurb Costs

£26,716

Bridging Loan Interest

£14,438

Total Cash In

£213,104

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£539,950

Mortgage (After Refinance)

£404,963

Mortgage LTV

75%

Cash Left In

£213,104

Equity

£134,988

Rent Range

£1,750 - £4,500

Rent Estimate

£2,496

Running Costs/mo

£2,207

Cashflow/mo

£289

Cashflow/yr

£3,473

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £315K to £710K, average is £560K. £3.6K/m² to £9.1K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£570K05/230.06 mi7, Hatfield Road, London, Greater London E15 1RA3
£570K12/220.08 mi93, Gurney Road, London, Greater London E15 1SL3
£581.5K03/220.09 mi18, Buxton Road, London, Greater London E15 1QU3
£693K11/220.09 mi19, Buxton Road, London, Greater London E15 1QU3
£555K11/220.11 mi52, Ash Road, London, Greater London E15 1HL3
£515K09/210.11 mi20, Cruikshank Road, London, Greater London E15 1SN3
£540K06/230.13 mi24, Gurney Road, London, Greater London E15 1SH3
£315K08/210.14 mi90, Chatsworth Road, London, Greater London E15 1QZ3
£575K09/220.15 mi75, Idmiston Road, London, Greater London E15 1RG3
£459K05/210.17 mi10, Trevelyan Road, London, Greater London E15 1SU3
£475K06/220.18 mi48, Arundel Close, London, Greater London E15 1UH3
£512.5K08/220.19 mi17, Trevelyan Road, London, Greater London E15 1SU3
£540K06/210.19 mi46, Devonshire Close, London, Greater London E15 1UG3
£587K06/210.2 mi101, St James Road, Stratford, London, Greater London E15 1RN3
£440K05/230.21 mi91, Keogh Road, London, Greater London E15 4NS3
£475K01/210.21 mi124, Keogh Road, London, Greater London E15 4NT3
£495K03/230.21 mi133, Keogh Road, London, Greater London E15 4NT3
£615.5K11/200.23 mi40, St James Road, Stratford, London, Greater London E15 1RL3
£490K01/210.25 mi30, Louise Road, London, Greater London E15 4NW3
£562.5K09/210.25 mi15, Chobham Road, London, Greater London E15 1LU3
£522K12/200.3 mi9, David Street, London, Greater London E15 1PP3
£620K06/210.32 mi51, Manbey Grove, London, Greater London E15 1EX3
£565K04/230.32 mi83, Ramsay Road, London, Greater London E7 9EN3
£460K07/230.32 mi70, Mcgrath Road, London, Greater London E15 4SS3
£620K06/210.33 mi51, Manbey Grove, London, Greater London E15 1EX3
£650K08/210.33 mi11, Dunmow Road, London, Greater London E15 1TZ3
£521.3K12/210.33 mi4, Dunmow Road, London, Greater London E15 1TZ3
£490K12/200.33 mi22, Dunmow Road, London, Greater London E15 1TZ3
£600K05/210.33 mi22, Torrens Road, London, Greater London E15 4NA3
£390K03/210.35 mi72, Cemetery Road, London, Greater London E7 9DG3
£560K01/210.36 mi71, Chandos Road, London, Greater London E15 1TT3
£710K09/210.36 mi22, Worsley Road, London, Greater London E11 3JN3
£480K12/200.37 mi95, Wellington Road, Forest Gate, London, Greater London E7 9BT3
£560K12/200.37 mi90, Henniker Road, London, Greater London E15 1JP3
£610K03/230.39 mi122, Colegrave Road, London, Greater London E15 1EA3
£540K01/230.39 mi22, Trumpington Road, London, Greater London E7 9EJ3
£695K01/230.4 mi96a, Chobham Road, London, Greater London E15 1LZ3
£570K01/210.4 mi19, Trumpington Road, London, Greater London E7 9EH3
£630K01/210.4 mi132, Chobham Road, London, Greater London E15 1LZ3
£530K03/210.41 mi42, Clova Road, London, Greater London E7 9AH3
£547K03/210.42 mi118, Odessa Road, London, Greater London E7 9BN3
£530K11/200.42 mi110, Odessa Road, London, Greater London E7 9BN3
£575K04/210.42 mi105, Ramsay Road, London, Greater London E7 9EP3
£600K04/230.42 mi147, Ramsay Road, London, Greater London E7 9EP3
£700K09/210.43 mi43, Clova Road, London, Greater London E7 9AQ3
£547.3K01/210.43 mi69, Selby Road, London, Greater London E11 3LS3
£562.3K11/210.44 mi3, Cary Road, London, Greater London E11 3LG3
£585K03/230.44 mi32, Elsham Road, London, Greater London E11 3JH3
£601K04/230.44 mi19, Elsham Road, London, Greater London E11 3JH3
£530K03/210.44 mi70, Selby Road, London, Greater London E11 3LR3

Local Rents

50 rents from £1.8K/mo to £4.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,30003/240.07 mi-3
£2,30004/250.07 mi-3
£2,30003/240.07 miHatfield Road, London, E153
£2,25002/250.12 mi-3
£2,45004/240.12 mi-3
£2,40004/240.12 miThorogood Gardens, London, E153
£2,40004/240.16 miTrevelyan Road, London, E153
£2,30005/240.19 mi-3
£4,50012/240.19 mi-3
£2,40003/240.19 miTrevelyan Road, Stratford E153
£2,50003/240.21 miSt. James Road, London, E153
£1,75012/240.25 mi-3
£2,90012/240.3 mi-3
£2,10003/240.3 miGazelle House, Manbey Park Road, Stratford, E153
£2,50004/240.33 mi-3
£2,60004/240.33 miJohn Barnes Walk, London, E153
£2,50004/240.33 miJohn Barnes Walk, London, E153
£2,80012/240.34 mi-3
£2,75004/240.34 miManbey Mews, Stratford, London, E153
£2,00004/240.35 miTower Hamlets Road, E73
£3,30012/240.35 mi-3
£2,50004/250.35 mi-3
£2,50003/240.36 miTorrens Road, London, E153
£2,50004/240.36 mi-3
£2,50003/250.36 mi-3
£2,30011/190.37 miWellington Road, Forest Gate, E73
£2,10004/240.37 miRanelagh Road, London, E113
£2,40003/250.37 mi-3
£2,30004/250.38 mi-3
£2,60003/240.38 miRanelagh Road, London3
£1,90003/240.4 miWolffe Gardens, London3
£2,80003/240.41 mi-3
£2,50005/240.41 mi-3
£2,20004/240.42 miHall Road, Stratford, E153
£2,75003/240.42 miChobham Road, Stratford, London, E153
£2,40004/240.43 mi-3
£2,00003/240.44 miCann Hall Road - E113
£2,50001/250.44 mi-3
£2,20004/250.44 mi-3
£2,40004/250.44 mi-3
£2,80003/240.45 mi-3
£3,30004/250.45 mi-3
£2,50002/250.46 mi-3
£2,50004/240.47 mi19 Atherton Mews, London3
£2,50005/240.47 miEastfield House, 19 Atherton Mews, London3
£2,49501/250.47 mi-3
£2,10003/240.48 miChichester Road, Leytonstone3
£2,25003/240.48 miColegrave Road, Stratford, London, E153
£2,60003/240.49 mi-3
£3,00002/240.49 mi-3

Local Area Statistics

Population in E15

52,199

Population in London

4,771,921

Town centre distance

5.15 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £550,000

February 10, 2025

Floor Plans

Description

  • Three Bedroom House +
  • Two Reception Rooms +
  • Kitchen/Diner +
  • Off Street Parking +
  • 67 Foot Rear Garden +
  • Requires Modernisation +
  • EPC Rating +
  • Council Tax Newham Band +

Guide Price £550,000 - £600,000

Nestled on the charming and tree-lined Buxton Road in Stratford, London, this spacious terraced house presents an excellent opportunity for those seeking a project to make their own. Boasting three well-proportioned bedrooms, this property is perfect for families or individuals looking for extra space. The two inviting reception rooms provide ample room, while the kitchen/diner offers a practical space for family meals.

The first-floor bathroom adds convenience to daily living, and the generous 67-foot rear garden is a delightful feature. Additionally, the property includes off-street parking for one vehicle, a valuable asset in this bustling area, as well as a small cellar for extra storage.

While the house does require some modernisation, it is a blank canvas waiting for your personal touch. With a little imagination and effort, this home can be transformed into a stunning residence that reflects your style and needs.

Conveniently located just a short walk from Maryland station, which is served by the Elizabeth line, commuting to central London and beyond is both easy and efficient. This property is not just a house; it is a chance to create a home in a vibrant and well-connected neighbourhood. Don’t miss out on this fantastic opportunity to invest in a property with great potential.

Entrance Via - partially glazed door with secondary door to:

Hallway - stairs ascending to first floor - radiator - partially glazed door to rear garden - doors to:

Reception 1 - double glazed splay bay window to front elevation - radiator - power points - opening to:

Reception 2 - double glazed window to rear elevation- radiator - power points.

Cellar - wall mounted gas meter, electric meter and consumer unit.

Kitchen/Diner - double glazed three splay bay window to side elevation - double glazed window to side elevation - range of eye and base level units incorporating a sink with mixer taps and drainer - gas cooker point - space and plumbing for washing machine - space for fridge/freezer - tiled splash backs - power points - door to:

Lean To - door to rear garden - door to:

W/C - low flush w/c - radiator.

First Floor Landing - access to loft - storage cupboard - radiator - doors to:

Bedroom 1 - two double glazed windows to front elevation - radiator - power points.

Bedroom 3 - double glazed window to rear elevation - radiator - power points.

Bedroom 2 - double glazed window to side elevation - radiator - power points - door to:

Hall - wall mounted Vaillant boiler - door to:

Bathroom (L-Shape) - access to loft - obscure double glazed window to rear elevation - three piece suite comprising of a panel enclosed bath with shower over - vanity sink unit - low flush w/c - tiled walls - radiator.

Rear Garden - 20.64m (67'8" ) -

Additional Information: - Council Tax London Borough of Newham Band D.

Parking: Off Street parking space, a permit is also available but must be acquired from the local council (emission based charge).

An Ofcom online search shows that there is the following coverage via the following mobile networks:
EE: Indoor voice and data coverage likely. Outdoor voice and data coverage likely.
Three: Indoor voice and data coverage likely. Outdoor voice and data coverage likely.
O2: Indoor voice coverage likely and data coverage limited. Outdoor voice and data coverage likely.
Vodafone: Indoor voice and data coverage limited. Outdoor voice and data coverage likely.

An Ofcom Online search shows that standard, superfast and ultrafast broadband is available. (you may need to organise installation of an FTTP connection in order to achieve ultrafast speeds).

This checker shows the predicted broadband and mobile coverage availability and performance at your address. Please make your own enquiries prior to making an offer.

The property has mains electric, mains gas, mains water, mains sewerage and is heated via gas central heating.

Please note: the figures and information quoted above have been provided by the seller and documentary proof is awaited.

Referral Services - David Daniels can recommend a conveyancer and an independent financial advisor for you if required. These recommendations come from companies that we have worked with and have found to be efficient and reliable.

David Daniels will receive a referral fee from the below companies should you take up the services, these are as follow and will not impact upon the quotes you are given:

Sweeney Miller Solicitors & Knight Richardson Solicitors £240.00 INC VAT.

Mortgage Referral to Clickmortgages.net : 50% of procurement fee paid by the lender to the financial advisor on completion of your mortgage.

Please note that this arrangement does not affect the way in which David Daniels will act for you. Any advice given is completely independent.

Please get in touch should you require a quotation and we will be pleased to organise this for you.

Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Agent Details

David Daniels, Stratford

020 8555 3521

Next Steps?

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