2 Bed Terraced House, Refurb/BRRR, London, E17 6ES, £575,000

Queen Elizabeth Road, London, E17 6ES - 5 views - 2 months ago

Sold STC
Refurb/BRRR
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£427K - £679K
Sold Prices/m²£5.1K/m² - £12.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£8.4K/m²

Value Estimate

£535,158

 

 

End Value (After Refurb)

£555,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£36,033

Bridging Loan Interest

£15,094

Total Cash In

£231,327

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£555,000

Mortgage (After Refinance)

£416,250

Mortgage LTV

75%

Cash Left In

£231,327

Equity

£138,750

Rent Range

£1,450 - £2,725

Rent Estimate

£1,993

Running Costs/mo

£2,153

Cashflow/mo

£-160

Cashflow/yr

£-1,920

Gross Yield

4%

Local Sold Prices

50 sold prices from £427K to £679K, average is £565.8K. £5.1K/m² to £12.1K/m², average is £8K/m².

PriceDateDistanceAddressBeds 
£650K01/210.06 mi29, Chatham Road, Walthamstow, London, Greater London E17 6EU2
£592K08/230.07 mi27, Century Road, Walthamstow, London, Greater London E17 6JA2
£545K08/210.07 mi50, Roma Road, London, Greater London E17 6HA2
£679K06/230.08 mi48, Century Road, Walthamstow, London, Greater London E17 6JB2
£588K04/230.08 mi54, Century Road, Walthamstow, London, Greater London E17 6JB2
£615K03/230.09 mi60, Pasquier Road, London, Greater London E17 6HB2
£610K03/230.09 mi69, King Edward Road, London, Greater London E17 6HY2
£625K05/230.09 mi17, King Edward Road, London, Greater London E17 6HY2
£588K06/210.09 mi23, King Edward Road, London, Greater London E17 6HY2
£512K01/210.11 mi6, Renness Road, London, Greater London E17 6EX2
£550K11/200.15 mi13, Luton Road, London, Greater London E17 5LN2
£486.5K04/210.15 mi10, Luton Road, London, Greater London E17 5LN2
£657.5K11/210.15 mi25, Luton Road, London, Greater London E17 5LN2
£575K05/210.17 mi46, Canning Road, London, Greater London E17 6LT2
£571.5K02/230.18 mi4, Hervey Park Road, London, Greater London E17 6LJ2
£535K03/210.19 mi216, Winns Avenue, Walthamstow, London, Greater London E17 5LP2
£525K12/200.22 mi37, Colville Road, London, Greater London E17 6EL2
£555K12/200.23 mi42, Colville Road, London, Greater London E17 6EL2
£525K12/200.28 mi155, Bramley Close, London, Greater London E17 6EG2
£487K12/200.29 mi3, The Links, London, Greater London E17 6LA2
£625K05/230.29 mi35, St Andrews Road, Walthamstow, London, Greater London E17 6BB2
£534K04/230.34 mi92, Warner Road, London, Greater London E17 7DZ2
£495K06/210.35 mi39, Goldsmith Road, Walthamstow, London, Greater London E17 6AN2
£550K12/200.35 mi27, Goldsmith Road, Walthamstow, London, Greater London E17 6AN2
£625K06/210.36 mi29, Cumberland Road, London, Greater London E17 5RR2
£590K07/230.36 mi51, Oakfield Road, London, Greater London E17 5RN2
£500.1K02/230.36 mi42, Bemsted Road, London, Greater London E17 5JZ2
£515K07/230.37 mi62, Oakfield Road, London, Greater London E17 5RW2
£465.5K01/230.37 mi169, Blackhorse Road, London, Greater London E17 6ND2
£485K10/210.38 mi30, Mayfield Road, London, Greater London E17 5RH2
£578K01/230.39 mi13, Mayfield Road, London, Greater London E17 5RH2
£515K05/210.39 mi35, Mayfield Road, London, Greater London E17 5RH2
£608.7K01/210.41 mi2, Parkhurst Road, London, Greater London E17 7EG2
£553K01/210.41 mi44, Clarence Road, London, Greater London E17 6AQ2
£427K08/230.42 mi71, Lloyd Road, London, Greater London E17 6NP2
£607K09/210.42 mi43, Clarence Road, London, Greater London E17 6AG2
£585K07/230.44 mi30, Woodville Road, Walthamstow, London, Greater London E17 7EP2
£675K12/200.44 mi12, Woodville Road, Walthamstow, London, Greater London E17 7EP2
£610.5K01/210.44 mi56, Woodville Road, Walthamstow, London, Greater London E17 7EP2
£665K02/230.44 mi52, Woodville Road, Walthamstow, London, Greater London E17 7EP2
£475K05/230.44 mi106, Gloucester Road, London, Greater London E17 6AF2
£481K06/230.45 mi104, Diana Road, Walthamstow, London, Greater London E17 5LF2
£630K10/210.45 mi31, Woodville Road, Walthamstow, London, Greater London E17 7ER2
£480K12/210.48 mi62a, Hatherley Road, Walthamstow, London, Greater London E17 6SB2
£675K02/210.51 mi36, Carlton Road, Walthamstow, London, Greater London E17 5RE2
£545K07/230.55 mi28, Carr Road, Walthamstow, London, Greater London E17 5EN2
£450K09/210.66 mi9a, Garnett Way, London, Greater London E17 5PE2
£595K03/210.66 mi40, Netley Road, London, Greater London E17 7QD2
£630K06/210.66 mi71, Bromley Road, Walthamstow, London, Greater London E17 4PR2
£560K03/230.68 mi36, Hoe Street, London, Greater London E17 4PH2

Local Rents

52 rents from £1.4K/mo to £2.7K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,90003/240.03 miBunyan Road, Walthamstow, London2
£1,90004/240.03 miBunyan Road, Walthamstow, London2
£1,75005/240.04 miChamberlain Place, Walthamstow, London, E172
£2,00003/240.09 miKing Edward Road, Walthamstow2
£2,70003/250.09 mi-2
£2,10003/240.09 miHigham Street, London, E172
£2,10003/240.09 miHigham Street, London, E172
£2,10004/240.09 mi-2
£1,45005/240.09 miChamberlain Place, Higham Street, Walthamstow2
£2,72503/250.09 mi-2
£1,60003/240.13 miForest Road,London,E172
£1,90005/240.15 miLuton Road, Walthamstow E172
£1,85005/240.17 mi-2
£1,80001/250.17 mi-2
£1,50004/240.18 miForest Road, Walthamstow, London, E172
£2,50004/240.2 mi-2
£1,85003/240.2 miVellum Court, 2 Hillyfield, Walthamstow2
£1,85004/250.21 mi-2
£2,32503/240.21 miHervey Park Road, Walthamstow, London, E172
£1,84504/240.23 mi-2
£1,87901/250.23 mi-2
£1,87902/250.23 mi-2
£1,94904/240.23 miE176ef, London, E172
£1,94904/240.23 miE176ef, London, E172
£1,84504/240.23 miGreen Pond Close, London, E172
£1,90003/250.23 mi-2
£1,50004/240.23 miRussell Road,London,E172
£1,85005/240.25 miEssex Close, Walthamstow, London, E172
£2,10005/240.25 mi-2
£2,23505/240.26 miBlackhorse Lane, London, E172
£2,10003/240.27 mi-2
£2,10005/240.27 mi-2
£2,10005/240.27 mi-2
£2,10012/240.27 mi-2
£1,90003/240.28 miWalpole Road, Walthamstow, London, E172
£1,89503/240.28 miForest Road, London2
£2,31504/240.29 miSopwith Avenue, London, E172
£2,21505/240.29 miSopwith Avenue, London, E172
£2,21505/240.29 miSopwith Avenue, London, E172
£1,70001/250.29 mi-2
£1,60002/250.29 mi-2
£2,00003/240.29 miSutherland Road, London, E172
£2,20003/240.29 miCollendale Road, Walthamstow, E17 6SZ2
£1,99505/240.29 miWinns Avenue, Walthamstow2
£1,60004/250.3 mi-2
£1,80005/240.32 miLowther Road, Walthamstow, E172
£2,31504/240.33 miSopwith Avenue, London, E172
£2,24005/240.33 miSopwith Avenue, London, E172
£2,19505/240.34 miGoldsmith Road, Walthamstow2
£2,68804/240.34 mi104 D, 2 Vanguard Way, London, E17 6DL2
£2,68804/240.34 mi104 D, 2 Vanguard Way, London, E17 6DL2
£2,00004/250.35 mi-2

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

5.27 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £575,000

February 20, 2025

Floor Plans

Description

  • Two Bedroom House +
  • Victorian Terrace +
  • Kitchen/Diner +
  • First Floor Bathroom +
  • Close To Blackhorse Road Tube +
  • Chain Free +
  • Garden +

Welcome to this charming two-bedroom mid-terraced home, spanning 760 sq ft and perfectly positioned in a sought-after area of Walthamstow. Offered chain-free, making it an excellent choice for first-time buyers, this property boasts built-in storage, a generous outdoor space, and exciting potential for renovation and extension. There are fantastic local amenities along Forest Road and exceptional transport links - Blackhorse Road tube station on the Victoria line is a short stroll away. This gives access to the West End in 20 minutes. Also a short stroll away is St James Street overground station which takes you to Liverpool Street in 16 minutes.

IF YOU LIVED HERE...

The living room spans 143 sq ft, and is filled with natural light from a generous bay window. Neutral décor provides a versatile blank canvas, while warm wood flooring flows seamlessly throughout the ground floor, enhancing the sense of space.

The kitchen and dining area creates a welcoming, open-plan environment. The kitchen features classic cream cabinetry, offering ample storage, while the open worktop opposite ensures meal preparation remains a sociable experience. Thoughtfully designed with two distinct zones, the kitchen area boasts timeless black and white checkered flooring, while the dining space continues the wood flooring from the living room, creating a cohesive aesthetic. A glazed door leads directly to the outdoor space whilst providing soft lighting alongside the windows.

Stepping down into your private garden, you’ll discover a spacious outdoor retreat extending nearly 40 feet. Predominantly paved, it offers a versatile blank canvas ready to be transformed. Outbuildings provide practical storage for seasonal items, while raised beds with cordylines add a touch of greenery. Whether you dream of an alfresco entertaining area, a tranquil spot to unwind, or a thriving herb and vegetable garden for summer dining, this generous space is full of possibilities.

Upstairs, the larger of the two double bedrooms features two expansive windows, elegant cornicing, and a decorative ceiling rose—a nod to the property’s Victorian heritage. A built-in bank of louvred wardrobes provides ample storage, keeping everything neatly organised. The second double bedroom mirrors the home’s period charm, with two built-in cupboards and serene views over the garden.

The family bathroom, fully tiled from floor to ceiling, features a crisp white suite with a bath and shower combination. With the addition of loft access, there’s exciting potential for expansion—many neighbouring properties have converted their lofts into an additional bedroom and bathroom, offering a flexible space to grow with your needs.

WHAT ELSE?

Location is key and the area is a cultural hotspot, with trendy cafes, independent shops and plenty of green space
to be explored all on your doorstep
- Explore Walthamstow market - the longest market in Europe
- The local buzz of the renowned 'Beer Mile, ' offers plenty of dog-friendly microbreweries and pop-up food venues to choose from - Big Penny Social, an enormous pub and community space hosting live events is just a short walk away
- Nature lovers and cyclists will appreciate the vast open spaces of Walthamstow Wetlands —Europe’s largest urban nature reserve and Epping Forest is a short drive away

Reception Room - 3.79 x 3.44m (12'5" x 11'3") -

Kitchen / Diner - 4.52 x 3.40m (14'9" x 11'1") -

Bathroom - 2.55 x 1.57m (8'4" x 5'1") -

Bedroom - 4.54 x 3.23m (14'10" x 10'7") -

Bedroom - 3.45 x 2.85m (11'3" x 9'4") -

Garden - 12.5m (41'0") -

A WORD FROM THE EXPERT...
 
"For me it’s the sheer variety you find in each pocket of Walthamstow that makes working and socialising here so enjoyable. Whether it’s having a coffee from Perky Blenders, going for a Sunday morning walk in Epping Forest, dropping into one of the local breweries in Blackhorse Road, or catching up with friends in Lloyd Park, the growth and positive changes within E17 have been incredible in recent years."
 
KIM HEYWOOD
E17 BRANCH MANAGER

Agent Details

The Stow Brothers, Walthamstow & Leyton

020 3834 7860

Next Steps?

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