3 Bed Terraced House, Refurb/BRRR, London, E17 6HS, £660,000

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

Sold STC
Refurb/BRRR
ROI: 2%
75 m²
+12 photos

ValuationOvervalued

Sold Prices£427K - £1.1M
Sold Prices/m²£2.8K/m² - £10.9K/m²

 

 

Square Metres

75 m²
Price/m²£8.8K/m²

Value Estimate

£497,250

 

 

End Value (After Refurb)

£612,523

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£165,000

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£39,677

Bridging Loan Interest

£17,325

Total Cash In

£262,452

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£612,523

Mortgage (After Refinance)

£459,392

Mortgage LTV

75%

Cash Left In

£262,452

Equity

£153,131

Rent Range

£1,900 - £3,675

Rent Estimate

£3,008

Running Costs/mo

£2,536

Cashflow/mo

£472

Cashflow/yr

£5,667

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £427K to £1.1M, average is £640.4K. £2.8K/m² to £10.9K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£590K12/200.03 mi2, Blenheim Road, Walthamstow, London, Greater London E17 6HS3
£523K05/210.13 mi146, Blackhorse Lane, London, Greater London E17 6AA3
£653K01/230.2 mi6, Sutherland Road, London, Greater London E17 6BJ3
£825K08/230.26 mi49, Bunyan Road, London, Greater London E17 6EY3
£545.5K12/200.3 mi25b, Pasquier Road, London, Greater London E17 6HB3
£790K06/230.3 mi13, Pasquier Road, London, Greater London E17 6HB3
£652.8K06/210.32 mi25, Wellington Road, Walthamstow, London, Greater London E17 6LS3
£750K10/210.33 mi29, Lloyd Road, London, Greater London E17 6NP3
£625K03/230.33 mi69, Higham Hill Road, London, Greater London E17 6EA3
£427K10/210.33 mi1, Higham Hill Road, London, Greater London E17 6EA3
£675K12/200.34 mi15, Ickworth Park Road, London, Greater London E17 6LN3
£605K09/210.34 mi17, Fairfield Road, London, Greater London E17 6EW3
£575K06/210.36 mi62, Clarence Road, London, Greater London E17 6AQ3
£732K11/210.36 mi8, Clarence Road, London, Greater London E17 6AQ3
£505K06/210.36 mi57, Luton Road, London, Greater London E17 5LN3
£575K06/210.37 mi62, Clarence Road, London, Greater London E17 6AQ3
£495K08/210.38 mi5, Colville Road, London, Greater London E17 6EL3
£492.5K08/210.38 mi2, Green Pond Close, London, Greater London E17 6EE3
£519K04/210.39 mi47, Colville Road, London, Greater London E17 6EL3
£700K03/210.39 mi42, Claremont Road, Walthamstow, London, Greater London E17 5RJ3
£555K05/230.4 mi57, Gloucester Road, London, Greater London E17 6AE3
£561.5K02/210.44 mi140, Northcote Road, London, Greater London E17 7EB3
£628K06/210.45 mi6, Oakfield Road, London, Greater London E17 5RW3
£962K02/230.47 mi45, Northcote Road, London, Greater London E17 7DT3
£580K10/220.48 mi2, Oster Terrace, London, Greater London E17 7AY3
£603K11/200.51 mi31, Coleridge Road, London, Greater London E17 6QX3
£660K11/210.51 mi87, Buxton Road, London, Greater London E17 7EH3
£575K02/210.52 mi43, Melford Road, London, Greater London E17 7EN3
£542K02/210.54 mi4, Holmes Avenue, London, Greater London E17 5JX3
£615K05/230.54 mi4, Manor Road, Walthamstow, London, Greater London E17 5RZ3
£537.5K12/200.54 mi62, Manor Road, Walthamstow, London, Greater London E17 5RZ3
£945K05/230.54 mi7, Palmerston Road, Walthamstow, London, Greater London E17 6PQ3
£770K05/230.54 mi38, Glenthorne Road, London, Greater London E17 7AR3
£765K01/230.55 mi16, Woodville Road, Walthamstow, London, Greater London E17 7EP3
£715K02/210.56 mi23, Bemsted Road, London, Greater London E17 5JY3
£625K03/210.56 mi19, Haroldstone Road, London, Greater London E17 7AN3
£808.5K02/230.57 mi53, Hazelwood Road, Walthamstow, London, Greater London E17 7AJ3
£590K11/200.57 mi42, Carlton Road, Walthamstow, London, Greater London E17 5RE3
£770K02/230.58 mi1b, Woodville Road, Walthamstow, London, Greater London E17 7ER3
£770K03/230.58 mi88, Hazelwood Road, Walthamstow, London, Greater London E17 7AL3
£770K05/210.59 mi82, Hazelwood Road, Walthamstow, London, Greater London E17 7AL3
£615K05/210.59 mi61, Mansfield Road, London, Greater London E17 6PH3
£880K08/210.6 mi95, Greenleaf Road, London, Greater London E17 6QW3
£835K07/230.6 mi95, Greenleaf Road, London, Greater London E17 6QW3
£700K03/230.6 mi22, Coppermill Lane, London, Greater London E17 7HB3
£1.1M03/230.63 mi57, Cottenham Road, London, Greater London E17 6RP3
£785K06/210.64 mi24, Somers Road, London, Greater London E17 6RX3
£502K06/230.68 mi93, Millfield Avenue, London, Greater London E17 5HN3
£665K01/230.69 mi143, Elphinstone Road, London, Greater London E17 5EY3
£720K07/230.69 mi81, Elphinstone Road, London, Greater London E17 5EY3

Local Rents

52 rents from £1.9K/mo to £3.7K/mo, average is £3.2K/mo.

RentDateDistanceAddressBeds 
£2,95012/240.04 mi-3
£2,75002/250.04 mi-3
£2,65002/250.04 mi-3
£3,18503/240.11 miSopwith Avenue, London, E173
£3,23003/240.11 miSopwith Avenue, London, E173
£3,18503/240.11 miSopwith Avenue, London, E173
£3,18504/240.11 miSopwith Avenue, London, E173
£3,18504/240.11 miSopwith Avenue, London, E173
£3,23004/240.11 miSopwith Avenue, London, E173
£3,23004/240.11 miSopwith Avenue, London, E173
£3,18504/240.11 miSopwith Avenue, London, E173
£3,18504/240.11 miSopwith Avenue, London, E173
£3,18504/240.11 miSopwith Avenue, London, E173
£3,23004/240.11 miSopwith Avenue, London, E173
£3,18504/240.11 miSopwith Avenue, London, E173
£3,23004/240.11 miSopwith Avenue, London, E173
£3,23005/240.11 miSopwith Avenue, London, E173
£3,18505/240.11 miSopwith Avenue, London, E173
£3,18505/240.11 miSopwith Avenue, London, E173
£3,23005/240.11 miSopwith Avenue, London, E173
£3,23005/240.11 miSopwith Avenue, London, E173
£3,18505/240.11 miSopwith Avenue, London, E173
£3,23005/240.11 miSopwith Avenue, London, E173
£3,18505/240.11 miSopwith Avenue, London, E173
£3,23005/240.11 miSopwith Avenue, London, E173
£3,18505/240.11 miSopwith Avenue, London, E173
£1,95003/240.15 miKing Edward Road, Walthamstow, London, E173
£2,20003/240.17 miStirling Road, Walthamstow, E173
£2,35005/240.17 miFarnborough Avenue, Walthamstow3
£2,35005/240.17 miFarnborough Avenue, Walthamstow3
£3,22003/240.18 mi303C, 6 Vanguard Way, London, E17 6ZS3
£3,24510/230.18 mi 7Vanguard Way, London, E17 6ZR3
£3,40010/230.18 mi606 B, 7Vanguard Way, London, E17 6ZR3
£3,24510/230.18 mi7 Vanguard Way, London, E17 6ZR3
£2,90003/240.18 miFrank Searle Passage, Wren House3
£3,50005/240.18 miWren House, Frank Searle Passage, Walthamstow E173
£3,15003/250.18 mi-3
£3,40010/230.19 mi7 Vanguard Way, London, E17 6ZR3
£3,10005/240.19 mi-3
£2,85003/240.2 mi-3
£2,00005/240.21 miHigham Street, London3
£3,00004/240.21 miVanguard Way, London, E173
£3,00004/240.21 miVanguard Way London E173
£3,24505/240.21 mi107 B, Vanguard Way, London, E17 6ZR3
£2,40003/240.22 mi-3
£3,60403/240.26 mi90 Fairleads, 2 Wickford Way, London, E173
£3,59904/240.26 mi66 Fairleads, 2 Wickford Way, London, E173
£3,67505/240.26 mi72 Brookwell, 2 Wickford Way, London, E173
£2,60003/240.29 mi-3
£1,90003/240.29 miRoma Road, Walthamstow, London, E173
£2,25003/240.3 miGoldsmith Road, Walthamstow3
£2,49503/240.3 miBlackhorse Lane, Walthamstow, London, E173

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

5.14 miles away

Nearest school

0.30 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £660,000

February 28, 2025

Listed for £625,000

February 14, 2025

Floor Plans

Description

  • Approx. 900 sq. ft. +
  • Three Bedrooms +
  • Two Reception Rooms +
  • 40ft Rear Garden +
  • Modernisation Required +
  • No Onward Chain +
  • Great Location +
  • Extension Potential (STPP) +
  • Council Tax Band C +

Nestled in a prime location, this charming three-bedroom, brick-fronted period home offers 900 sq. ft of potential, ready for you to make it your own. With its bay-fronted lounge, high ceilings, and a second reception room leading seamlessly into the kitchen, the home retains much of its original character while offering the opportunity for modernisation. Upstairs, the three well-proportioned bedrooms include a spacious master with two large windows that flood the room with natural light. A convenient shower room is also located on this floor, while the loft—currently used for storage—presents exciting potential for conversion (STPP). Step outside to discover a generous 38ft garden, perfect for summer gatherings or quiet relaxation. There’s also the potential to extend (STPP), allowing you to truly tailor this space to your needs.

Beyond the home itself, the location is unbeatable. Blackhorse Road station is just minutes away, providing effortless connections via the Victoria Line and Overground. Weekends can be spent exploring the lively 'Beer Mile,' filled with dog-friendly microbreweries and pop-up eateries, or taking in the natural beauty of the nearby Wetlands. St. James Street Overground station is also close by, offering a swift 15-minute journey to London Liverpool Street. Families will appreciate the excellent school catchments, including Hillyfield Primary just 0.2 miles away. With no onward chain, this is a fantastic opportunity to secure a home in one of the area's most sought-after locations. Whether you're looking for a family home or a project to make your own, this property is brimming with potential.

Council Tax Band C
EPC Rting 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 💪