3 Bed Terraced House, Refurb/BRRR, London, E17 4JY, £599,995

Northbank Road, London, E17 4JY - 2 views - 2 months ago

Under Offer
Refurb/BRRR
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£420K - £926K
Sold Prices/m²£4.4K/m² - £11.2K/m²

 

 

Square Metres

~93 m²
Price/m²£6.5K/m²

Value Estimate

£578,902

 

 

End Value (After Refurb)

£601,734

Uplift in Value

+0%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£149,999

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£49,200

Bridging Loan Interest

£15,750

Total Cash In

£253,398

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£601,734

Mortgage (After Refinance)

£451,300

Mortgage LTV

75%

Cash Released

£1,304

Cash Left In

£252,094

Equity

£150,433

Rent Range

£1,850 - £3,495

Rent Estimate

£2,440

Running Costs/mo

£2,388

Cashflow/mo

£52

Cashflow/yr

£619

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £420K to £926K, average is £560K. £4.4K/m² to £11.2K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£603K08/220.01 mi65, Northbank Road, London, Greater London E17 4JY3
£515K09/210.01 mi70, Northbank Road, London, Greater London E17 4JZ3
£650K01/210.02 mi38, Thorpe Road, Walthamstow, London, Greater London E17 4LA3
£688.5K04/210.04 mi48, Thorpe Road, Walthamstow, London, Greater London E17 4LA3
£600K12/200.05 mi25, Woodend Road, London, Greater London E17 4JS3
£450K02/210.05 mi16, Woodend Road, London, Greater London E17 4JS3
£510.1K12/210.09 mi67, Sturge Avenue, London, Greater London E17 4LF3
£492.5K12/210.1 mi211, Fulbourne Road, Walthamstow, London, Greater London E17 4HD3
£615K06/230.1 mi220, St Johns Road, Walthamstow, London, Greater London E17 4JN3
£750K07/230.1 mi228, St Johns Road, Walthamstow, London, Greater London E17 4JN3
£536K02/230.11 mi104, Sturge Avenue, London, Greater London E17 4LQ3
£640K08/220.14 mi53, Spencer Road, London, Greater London E17 4BD3
£530K03/230.16 mi120, Fulbourne Road, Walthamstow, London, Greater London E17 4ET3
£500K05/210.16 mi13, Queenswood Avenue, Walthamstow, London, Greater London E17 4EH3
£500K05/210.17 mi2, Chaucer Road, London, Greater London E17 4BE3
£500K05/210.17 mi2, Chaucer Road, London, Greater London E17 4BE3
£500K10/210.17 mi42, Garner Road, London, Greater London E17 4HQ3
£455K12/200.18 mi144, Fulbourne Road, London, Greater London E17 4ET3
£575K11/200.18 mi22, Queenswood Avenue, Walthamstow, London, Greater London E17 4EH3
£560K01/210.21 mi51, Spruce Hills Road, London, Greater London E17 4LB3
£667K12/200.21 mi87, Spruce Hills Road, London, Greater London E17 4LB3
£530K06/210.23 mi25, Fulbourne Road, London, Greater London E17 4AX3
£585K03/230.26 mi23, Brookscroft Road, London, Greater London E17 4LH3
£575K05/230.27 mi343, Fulbourne Road, Walthamstow, London, Greater London E17 4HL3
£444K11/200.28 mi62, Lamorna Close, London, Greater London E17 4DH3
£548K05/230.29 mi73, Kitchener Road, London, Greater London E17 4LJ3
£425K12/200.35 mi13, Parkstone Road, London, Greater London E17 3JA3
£480K01/210.35 mi56, Parkstone Road, London, Greater London E17 3JB3
£585K05/230.36 mi34, Guildford Road, London, Greater London E17 4DZ3
£545K06/230.36 mi69, Roberts Road, London, Greater London E17 4LP3
£637.5K08/210.37 mi29, Beresford Road, London, Greater London E17 4LN3
£420K05/210.39 mi11, Corbett Road, London, Greater London E17 3JY3
£612.5K09/220.39 mi8, Wigram Square, London, Greater London E17 4AB3
£775K08/230.4 mi41, Corbett Road, London, Greater London E17 3JY3
£645K06/210.41 mi2, Roberts Road, London, Greater London E17 4LR3
£490K06/210.41 mi981, Forest Road, Walthamstow, London, Greater London E17 4BP3
£750K05/210.41 mi125, Kenilworth Avenue, London, Greater London E17 4PA3
£645K06/210.41 mi2, Roberts Road, London, Greater London E17 4LR3
£926K09/220.41 mi4, Woodstock Road, London, Greater London E17 4BJ3
£595K11/200.42 mi7, Chandos Avenue, London, Greater London E17 4PB3
£485K04/210.43 mi11, Longacre Road, London, Greater London E17 4DT3
£560K02/210.43 mi13, Longacre Road, London, Greater London E17 4DT3
£420K03/230.43 mi26, Trevose Road, London, Greater London E17 4DR3
£500K06/210.43 mi52, Ulverston Road, London, Greater London E17 4BW3
£521.6K03/210.44 mi42, Trevose Road, London, Greater London E17 4DR3
£621K05/230.44 mi71, Pentire Road, London, Greater London E17 4BY3
£516K01/210.45 mi29, Carnanton Road, London, Greater London E17 4DB3
£840K06/230.46 mi88, Kenilworth Avenue, London, Greater London E17 4PE3
£813K04/230.46 mi84, Kenilworth Avenue, London, Greater London E17 4PE3
£812K03/230.46 mi12, Woodlands Road, Walthamstow, London, Greater London E17 3LE3

Local Rents

34 rents from £1.9K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,49504/240.13 miFulbourne Road, Walthamstow3
£2,49504/240.13 miFulbourne Road, Walthamstow3
£1,85005/240.17 miSt Johns Road3
£2,35004/240.17 mi-3
£2,35005/240.17 miMacdonald Road, London, E173
£2,40002/250.18 mi-3
£3,30002/250.19 mi-3
£3,19801/250.19 mi-3
£2,50003/250.19 mi-3
£2,35004/240.2 miMacdonald Road, London, E173
£2,25004/240.2 miMacdonald Road, Walthamstow E173
£2,50003/250.2 mi-3
£2,40002/250.24 mi-3
£2,30005/240.26 miWalthamstow3
£2,74003/250.3 mi-3
£2,40002/250.36 mi-3
£3,20005/240.36 miGuildford Road, Walthamstow E173
£2,50003/240.37 mi3 Bedroom House To Let - Marten Road, Walthamstow, E17 - £2,500 PCM 3
£2,30004/240.39 mi-3
£3,49503/250.39 mi-3
£1,98001/250.42 mi-3
£2,40004/240.43 miChingford Road, London, E173
£2,40004/240.43 miChingford Road, London, E173
£2,30005/240.43 miChingford Road, E17 4PL3
£2,30003/240.45 miWoodlands Road, Walthamstow, E173
£2,75003/240.46 miWoodlands Road, Walthamstow, London, E173
£3,00001/240.48 mi-3
£2,40005/240.51 miFernhill Court, (PP411), Walthamstow, E173
£2,40012/240.51 miFernhill Court, (PP411), Walthamstow, E173
£2,20012/240.52 mi-3
£2,40005/240.58 miPenrhyn Avenue, London3
£2,30004/240.58 miEmpress Parade, London, E43
£2,30005/240.58 mi-3
£2,00003/240.62 miAlma Avenue, London3

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

6.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £599,995

February 14, 2025

Floor Plans

Description

  • Fantastic Potential +
  • Three-Bedroom House with Original Features +
  • Victorian Property +
  • Separate lounge (13'9 x 11'6) +
  • Good-sized kitchen (11'2 x 9'11) +
  • Dining Room (11'9 x 9'7) +
  • Gas central heating & double glazing throughout +
  • No onward chain +
  • Excellent location - close to schools, shopping & transport links +

Three-Bedroom House with Original Features - A Fantastic Opportunity!
Next Home Ltd is delighted to present this three-bedroom period home in the area of Walthamstow.
Offering a fantastic opportunity for those looking to restore and add value to a characterful house in a prime location. Set within a popular residential area, this home still retains many of its original features, including period fireplaces, high ceilings, and bay windows. The layout provides spacious living accommodation, featuring a separate lounge and dining room, a generously sized kitchen, and three well-proportioned bedrooms.
While the property now requires modernisation, it benefits from gas central heating, double glazing throughout, and no onward chain-making it ideal for buyers seeking a renovation project with great potential.

This property is a rare opportunity to create a beautiful family home or investment in a well-connected area of Walthamstow.
Viewings are highly recommended-contact Next Home Ltd today to arrange your appointment!

Agent Details

Next Home Ltd, Leyton

020 3910 6440

Next Steps?

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