3 Bed Flat, Single Let, London, E17 6GL, £450,000

Papermill Place, Walthamstow, E17 6GL - 1 views - 2 months ago

Leasehold
BTL
ROI: 3%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£209.5K - £659.2K
Sold Prices/m²£2.8K/m² - £11.1K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£553,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,900 - £3,230

Rent Estimate

£2,200

Running Costs/mo

£1,866

Cashflow/mo

£334

Cashflow/yr

£4,005

ROI

3%

Gross Yield

6%

Local Sold Prices

42 sold prices from £209.5K to £659.2K, average is £459K. £2.8K/m² to £11.1K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£416K08/210.21 mi10a, Claremont Road, London, Greater London E17 5RJ3
£625K12/210.52 mi116, Warner Road, London, Greater London E17 7DZ3
£535K09/210.54 mi46, Mersey Road, London, Greater London E17 5LB3
£580K02/230.54 mi68, Mersey Road, London, Greater London E17 5LB3
£458K01/210.55 mi75, Cornwallis Road, London, Greater London E17 6NL3
£445K04/210.57 mi21, Chewton Road, London, Greater London E17 7DW3
£540K11/200.58 mi82b, Erskine Road, Walthamstow, London, Greater London E17 6SA3
£523K05/210.61 mi83, Badlis Road, London, Greater London E17 5LG3
£522K01/230.61 mi56, North Countess Road, London, Greater London E17 5HT3
£500K03/210.62 mi44, North Countess Road, London, Greater London E17 5HT3
£536K12/200.68 mi60a, Hatherley Road, London, Greater London E17 6SB3
£580K07/230.71 mi22, Brettenham Road, Walthamstow, London, Greater London E17 5BA3
£575K03/210.71 mi14, Brettenham Road, London, Greater London E17 5BA3
£485K02/230.73 mi194, Brettenham Road, London, Greater London E17 5AY3
£460K03/210.84 mi191, Brettenham Road, London, Greater London E17 5AX3
£429K06/210.94 mi287, Brettenham Road, London, Greater London E17 5AT3
£435K04/210.96 mi16, Reedham Close, London, Greater London N17 9PT3
£550K02/231.04 mi80, Camden Road, London, Greater London E17 7NF3
£475K01/211.07 mi113, Lansdowne Road, London, Greater London N17 0NN3
£491.5K06/211.12 miFirst Floor Flat, 5, Second Avenue, London, Greater London E17 9QH3
£430K01/231.15 mi9a, Third Avenue, London, Greater London E17 9QJ3
£326.3K02/211.16 miFlat 19, Gaitskell House, The Drive, London, Greater London E17 3DD3
£420K11/211.18 mi122a, Orford Road, London, Greater London E17 9QX3
£659.2K08/211.28 mi48, Pembroke Road, London, Greater London E17 9PB3
£515K03/231.43 mi108, Theydon Street, Walthamstow, London, Greater London E17 8EL3
£500K07/211.53 mi52, Hitcham Road, London, Greater London E17 8HN3
£278K06/211.6 mi13, Appleby Close, London, Greater London E4 9ND3
£425K07/231.62 mi20, Winsbeach, London, Greater London E17 3SS3
£345K08/211.66 miFlat 5, Ellen Miller House, Raglan Road, London, Greater London E17 9EG3
£370K07/231.69 mi114, Upper Walthamstow Road, London, Greater London E17 3QQ3
£515K03/211.74 mi33, Southey Road, London, Greater London N15 5LJ3
£442K02/231.78 miGround Floor Flat, 131, Mount Pleasant Road, London, Greater London N17 6TQ3
£406.6K11/201.82 mi12, Perth Road, London, Greater London E10 7PB3
£330K08/221.85 mi182, Langhedge Lane, London, Greater London N18 2TJ3
£209.5K08/211.85 mi256a, Hale End Road, Woodford Green, Greater London IG8 9LR3
£441.8K08/211.86 mi20, Bakers Hill, London, Greater London E5 9HL3
£441.8K08/211.86 mi20, Bakers Hill, London, Greater London E5 9HL3
£515K03/211.88 mi33, Southey Road, London, Greater London N15 5LJ3
£475K12/201.96 mi54, Handsworth Road, London, Greater London N17 6DE3
£385K12/221.99 miFlat 32, Wigan House, Warwick Grove, London, Greater London E5 9JF3
£275K03/212 mi60, Old Church Road, London, Greater London E4 8DB3
£272.5K05/212 mi64, Old Church Road, London, Greater London E4 8DB3

Local Rents

52 rents from £1.9K/mo to £3.2K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£3,15003/250.05 mi-3
£2,00005/240.08 miHigham Street, London3
£2,20003/240.1 miStirling Road, Walthamstow, E173
£2,40003/240.12 mi-3
£2,25003/240.15 miGoldsmith Road, Walthamstow3
£2,49503/240.18 miBlackhorse Lane, Walthamstow, London, E173
£2,95012/240.19 mi-3
£2,75002/250.19 mi-3
£2,65002/250.19 mi-3
£1,95003/240.19 miKing Edward Road, Walthamstow, London, E173
£2,80002/250.24 mi-3
£2,20001/250.24 mi-3
£1,90005/240.27 mi-3
£1,90003/240.27 miRoma Road, Walthamstow, London, E173
£2,35005/240.28 miFarnborough Avenue, Walthamstow3
£2,35005/240.28 miFarnborough Avenue, Walthamstow3
£2,20001/250.29 mi-3
£2,20001/250.29 mi-3
£2,20001/250.29 mi-3
£2,50002/250.3 mi-3
£2,50012/240.3 mi-3
£2,50012/240.3 mi-3
£2,50012/240.3 mi-3
£2,50001/250.3 mi-3
£2,50001/250.3 mi-3
£2,25001/250.3 mi-3
£2,50001/250.3 mi-3
£2,30001/250.3 mi-3
£3,18503/240.3 miSopwith Avenue, London, E173
£3,23003/240.3 miSopwith Avenue, London, E173
£3,18503/240.3 miSopwith Avenue, London, E173
£3,18504/240.3 miSopwith Avenue, London, E173
£3,18504/240.3 miSopwith Avenue, London, E173
£3,23004/240.3 miSopwith Avenue, London, E173
£3,23004/240.3 miSopwith Avenue, London, E173
£3,18504/240.3 miSopwith Avenue, London, E173
£3,18504/240.3 miSopwith Avenue, London, E173
£3,18504/240.3 miSopwith Avenue, London, E173
£3,23004/240.3 miSopwith Avenue, London, E173
£3,18504/240.3 miSopwith Avenue, London, E173
£3,23004/240.3 miSopwith Avenue, London, E173
£3,23005/240.3 miSopwith Avenue, London, E173
£3,18505/240.3 miSopwith Avenue, London, E173
£3,18505/240.3 miSopwith Avenue, London, E173
£3,23005/240.3 miSopwith Avenue, London, E173
£3,23005/240.3 miSopwith Avenue, London, E173
£3,18505/240.3 miSopwith Avenue, London, E173
£3,23005/240.3 miSopwith Avenue, London, E173
£3,18505/240.3 miSopwith Avenue, London, E173
£3,23005/240.3 miSopwith Avenue, London, E173
£3,18505/240.3 miSopwith Avenue, London, E173
£2,20003/240.32 mi-3

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

5.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £450,000

February 24, 2025

Floor Plans

Description

  • Close to Victoria Line +
  • Three double bedrooms +
  • Secure allocated underground parking +
  • Family bathroom and ensuite +
  • Private balcony and communal roof top garden +
  • Chain free +

Nestled in a super sleek, thoughtfully designed development just a stone’s throw from Blackhorse Road Station, this spacious THREE-bedroom flat is the epitome of cool, urban living. With a private balcony perfect for sipping your morning brew, and the added bonus of allocated underground parking, it’s the kind of spot that just feels right.

The open-plan living/dining area is flooded with natural light, thanks to those big windows and the seamless flow from the balcony. It's an ideal space for chilling, working from home, or hosting your crew. Each of the three bedrooms is a generous double, giving you ample space to lounge, sleep, or even create a mini art studio.

The master suite comes with its own ensuite, and the family bathroom is so spacious, it practically echoes. The lease runs for over 114 years, and the service charge is £260 per month, either monthly or annually — totally up to you.

No chains, just keys waiting for you. Ready for a viewing today? Come and see the potential.

Agent Details

haart, Walthamstow

020 3910 6244

Next Steps?

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