4 Bed Terraced House, Refurb/BRRR, London, E17 4JZ, £625,000

28 The Avenue, London E4 9LD - 5 views - 2 months ago

Refurb/BRRR
ROI: 1%
75 m²
+20 photos

ValuationOvervalued

Sold Prices£490K - £1.5M
Sold Prices/m²£3.6K/m² - £10.6K/m²

 

 

Square Metres

75 m²
Price/m²£8.3K/m²

Value Estimate

£473,596

 

 

End Value (After Refurb)

£587,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£39,677

Bridging Loan Interest

£16,406

Total Cash In

£252,784

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£587,500

Mortgage (After Refinance)

£440,625

Mortgage LTV

75%

Cash Left In

£252,784

Equity

£146,875

Rent Range

£1,850 - £3,800

Rent Estimate

£2,565

Running Costs/mo

£2,369

Cashflow/mo

£196

Cashflow/yr

£2,353

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £490K to £1.5M, average is £735K. £3.6K/m² to £10.6K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£560K04/210.12 mi152, St Johns Road, Walthamstow, London, Greater London E17 4JJ4
£625K03/230.12 mi66, Fulbourne Road, Walthamstow, London, Greater London E17 4EG4
£660K12/200.16 mi8, Queenswood Avenue, Walthamstow, London, Greater London E17 4EH4
£600K02/210.26 mi20, Forest View Road, London, Greater London E17 4EL4
£620K06/210.26 mi26, Forest View Road, London, Greater London E17 4EL4
£545K05/230.31 mi241, Chingford Road, London, Greater London E17 5AB4
£620K05/230.33 mi35, Guildford Road, London, Greater London E17 4EA4
£725K12/200.34 mi19, Cazenove Road, London, Greater London E17 4NP4
£715K05/210.35 mi12, Marten Road, London, Greater London E17 4NN4
£625K08/220.36 mi123a, Farnan Avenue, London, Greater London E17 4NH4
£585K06/210.38 mi10, Penrhyn Crescent, London, Greater London E17 5BH4
£565K03/210.39 mi24, Hale End Road, London, Greater London E17 4BQ4
£810K11/210.39 mi36, Aveling Park Road, London, Greater London E17 4NT4
£815K10/210.4 mi83, Aveling Park Road, London, Greater London E17 4NS4
£540K06/230.44 mi38, Evanston Avenue, London, Greater London E4 9JS4
£820K07/230.51 mi41, Woodlands Road, Walthamstow, London, Greater London E17 3LD4
£825K03/230.51 mi67, Woodlands Road, Walthamstow, London, Greater London E17 3LD4
£585K06/210.52 mi53, Winsbeach, London, Greater London E17 3RQ4
£740K04/210.54 mi31a, Beacontree Avenue, London, Greater London E17 4BU4
£669.5K02/210.54 mi32, Alma Avenue, London, Greater London E4 9JT4
£678K12/200.55 mi36, Alma Avenue, London, Greater London E4 9JT4
£775K06/230.56 mi68, Sky Peals Road, Woodford Green, Greater London IG8 9NF4
£750K04/230.56 mi112, Sky Peals Road, Woodford Green, Greater London IG8 9NF4
£875K02/210.56 mi4a, Hempstead Road, London, Greater London E17 3RL4
£760K07/230.56 mi37, Sky Peals Road, Woodford Green, Greater London IG8 9NE4
£830K02/230.57 mi83, Turner Road, London, Greater London E17 3JG4
£755.8K12/210.59 mi66, Turner Road, London, Greater London E17 3JQ4
£596.5K03/210.59 mi1, Wickham Road, London, Greater London E4 9JR4
£527K12/200.61 mi5, Wickham Road, London, Greater London E4 9JR4
£1.1M06/210.61 mi3, Beacontree Avenue, London, Greater London E17 4BT4
£610K05/210.62 mi89, Sky Peals Road, Woodford Green, Greater London IG8 9NE4
£658K07/210.63 mi31, Billet Road, London, Greater London E17 5DL4
£490K09/210.65 mi139, Cavendish Road, London, Greater London E4 9NG4
£682.8K06/230.66 mi5, Rushbrook Crescent, London, Greater London E17 5BZ4
£830K06/230.66 mi64, Ruby Road, London, Greater London E17 4RF4
£1.3M06/210.66 mi14, Church Hill Road, London, Greater London E17 9RX4
£765K05/230.67 mi20, Badlis Road, London, Greater London E17 5LQ4
£800K12/200.68 mi133, Fyfield Road, London, Greater London E17 3RA4
£590K02/230.68 mi91, Winchester Road, London, Greater London E4 9LJ4
£1.0M03/210.69 mi18, Rectory Road, Walthamstow, London, Greater London E17 3BQ4
£1.5M03/230.7 mi5, Avon Road, London, Greater London E17 3RB4
£1.1M12/200.7 mi64, Howard Road, Walthamstow, London, Greater London E17 4SJ4
£1.3M06/210.73 mi41, Upper Walthamstow Road, London, Greater London E17 3QG4
£860K01/230.74 mi78, Oak Hill Crescent, Woodford Green, Greater London IG8 9PQ4
£1.5M11/220.74 mi31, Upper Walthamstow Road, London, Greater London E17 3QG4
£775K03/210.75 mi64, Oak Hill Crescent, Woodford Green, Greater London IG8 9PN4
£760K12/200.75 mi403, Hale End Road, Woodford Green, Greater London IG8 9LL4
£730K06/210.75 mi61, Milton Road, London, Greater London E17 4SP4
£576K06/210.76 mi4, Tudor Road, London, Greater London E4 9AW4
£796.1K06/230.79 mi96, Selwyn Avenue, London, Greater London E4 9LR4

Local Rents

52 rents from £1.9K/mo to £3.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,80002/240.11 mi-4
£2,54504/240.11 mi-4
£2,50004/240.11 mi-4
£2,49504/240.11 miFulbourne Road, Walthamstow3
£2,49504/240.11 miFulbourne Road, Walthamstow3
£2,49503/240.11 miFulbourne Road, London, E174
£3,00004/240.14 miSt Johns Road, Walthamstow, London, E174
£2,50003/240.16 miSpencer Road, London4
£2,40012/230.16 mi-4
£2,40002/250.19 mi-3
£3,00003/240.21 miSpencer Road, London, E175
£2,35004/240.21 mi-3
£2,35005/240.21 miMacdonald Road, London, E173
£2,30005/240.22 miWalthamstow3
£1,85005/240.23 miSt Johns Road3
£2,50003/250.23 mi-3
£2,35004/240.24 miMacdonald Road, London, E173
£2,25004/240.24 miMacdonald Road, Walthamstow E173
£2,35003/240.24 miGarner Road, London4
£2,50003/250.24 mi-3
£3,30002/250.24 mi-3
£3,19801/250.25 mi-3
£2,60003/240.27 mi4-5 Bed House, St Johns Road, E174
£3,40011/240.3 mi-4
£2,40002/250.3 mi-3
£2,40002/250.3 mi-3
£3,49503/250.33 mi-3
£2,50003/240.34 mi3 Bedroom House To Let - Marten Road, Walthamstow, E17 - £2,500 PCM 3
£3,20005/240.34 miGuildford Road, Walthamstow E173
£2,74003/250.37 mi-3
£2,65012/230.37 mi-4
£3,50003/250.38 mi-5
£2,30004/240.4 mi-3
£3,00003/240.41 miAveling Park Road, Walthamstow, London, E174
£2,40004/240.42 miChingford Road, London, E173
£2,40004/240.42 miChingford Road, London, E173
£2,30005/240.42 miChingford Road, E17 4PL3
£2,35004/240.43 miChingford Road, London4
£2,20004/240.43 miChingford Road, London4
£2,20004/240.43 miChingford Road, London4
£3,00001/240.44 mi-3
£1,98001/250.48 mi-3
£2,20012/240.48 mi-3
£2,30004/240.52 miEmpress Parade, London, E43
£2,30005/240.52 mi-3
£2,30003/240.52 miWoodlands Road, Walthamstow, E173
£2,75003/240.52 miWoodlands Road, Walthamstow, London, E173
£2,40005/240.53 miPenrhyn Avenue, London3
£3,80003/250.54 mi-4
£2,40005/240.56 miFernhill Court, (PP411), Walthamstow, E173
£2,40012/240.56 miFernhill Court, (PP411), Walthamstow, E173
£3,00003/240.57 miHoward Road, London4

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

6.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £625,000

February 12, 2025

Floor Plans

Description

  • Approx. 1376 sq. ft. +
  • Four Bedrooms +
  • Three Bathrooms +
  • Garden with Side Access +
  • No Onward Chain +
  • Great Location +
  • Council Tax Band C +

Welcome to this charming and spacious four-bedroom end-of-terrace home, offering 1,376 sq. ft. of well-proportioned living space. Perfect for families, this property boasts a bright and airy bay-fronted reception room, ideal for both relaxing and entertaining. The fitted kitchen seamlessly opens onto the rear garden, complete with side access, creating a wonderful flow for indoor-outdoor living. A convenient ground-floor shower room adds practicality, while the first floor features two generous double bedrooms, a home office, and a fitted bathroom. The top floor provides a peaceful retreat, hosting a large double bedroom, an additional bedroom, and another fitted bathroom. While some modernisation is needed, this home offers fantastic potential to create your dream space. With its versatile layout and desirable location, this could be the perfect home for growing families or those looking for extra space to work from home.

This charming home is ideally situated near Wood Street, offering a vibrant selection of shops, pubs, cafes, and restaurants, along with excellent transport links. Nature lovers will appreciate the proximity to Epping Forest for scenic walks, bike rides, and leisurely picnics, while the open green spaces of Chestnuts Field and the beautifully landscaped gardens of Lloyd Park are also within easy reach. Walthamstow Central, just a short walk away, provides fantastic shopping and leisure facilities, making this an ideal location for modern family living. Plus, parents will be pleased to know that there are nineteen Ofsted-rated 'Good' or 'Outstanding' schools within a one-mile radius.

Council Tax Band C
EPC Rating TBC

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 💪