2 Bed Flat, Single Let, London, E17 4GA, £225,000

Hawker Place, London, E17 4GA - 14 days ago

Leasehold

Auction

BTL

ROI: 8%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£277K - £585K
Sold Prices/m²	£4.5K/m² - £9.6K/m²

Square Metres	~68.11 m²
Price/m²	£3.3K/m²
Value Estimate	£279,000£279,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£12,450£12,450
Total Cash In	£68,700£68,700

Cash Out
Rent Range	£1,450 - £2,300£1,450 - £2,300
Rent Estimate	£1,459
Running Costs/mo	£1,015£1,015
Cashflow/mo	£444£444
Cashflow/yr	£5,329£5,329
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £277K to £585K, average is £434.5K. £4.5K/m² to £9.6K/m², average is £6.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£420K	12/20	0.19 mi	70, Spruce Hills Road, London, Greater London E17 4LD	£7,368	57	2	Flat
£414K	02/21	0.21 mi	27, Northbank Road, London, Greater London E17 4JY	£6,273	66	2	Flat
£325K	01/21	0.24 mi	6, Winsbeach, London, Greater London E17 3SS	£4,452	73	2	Flat
£380K	01/23	0.3 mi	14, Fyfield Road, London, Greater London E17 3RG	£5,588	68	2	Flat
£277K	02/21	0.37 mi	Flat 1, Boyden House, Shernhall Street, London, Greater London E17 3ET	-	-	2	Flat
£362K	07/21	0.42 mi	Flat 10, Newton House, Prospect Hill, London, Greater London E17 3ER	-	-	2	Flat
£340K	06/23	0.42 mi	Flat 17, Powell Court, Prospect Hill, London, Greater London E17 3EN	-	-	2	Flat
£415K	05/21	0.46 mi	25, Upper Walthamstow Road, London, Greater London E17 3QG	£5,681	73	2	Flat
£375K	06/21	0.48 mi	104b, Upper Walthamstow Road, London, Greater London E17 3QQ	£6,955	54	2	Flat
£435K	01/21	0.51 mi	25, Church Hill Road, London, Greater London E17 9RX	£6,905	63	2	Flat
£344.5K	03/23	0.55 mi	13, Sky Peals Road, Woodford Green, Greater London IG8 9NE	-	-	2	Flat
£405K	05/21	0.58 mi	2e, Church Hill Road, London, Greater London E17 9RX	-	-	2	Flat
£325K	03/21	0.6 mi	174, Hale End Road, Woodford Green, Greater London IG8 9LZ	-	-	2	Flat
£305K	06/21	0.6 mi	71, Brookfield Avenue, London, Greater London E17 9ER	£4,621	66	2	Flat
£360K	09/21	0.61 mi	227c, Wood Street, London, Greater London E17 3NT	£5,373	67	2	Flat
£420K	12/20	0.61 mi	278, Brettenham Road, London, Greater London E17 5AU	£6,462	65	2	Flat
£472K	06/23	0.61 mi	312, Brettenham Road, London, Greater London E17 5AU	£6,556	72	2	Flat
£434K	12/20	0.63 mi	321, Brettenham Road, London, Greater London E17 5AT	£6,576	66	2	Flat
£420K	06/23	0.66 mi	7, Bishops Close, London, Greater London E17 9RP	£8,615	49	2	Flat
£460K	12/20	0.66 mi	15, Bishops Close, London, Greater London E17 9RP	£9,583	48	2	Flat
£415K	06/23	0.66 mi	87b, Church Hill, London, Greater London E17 3BD	-	-	2	Flat
£435K	08/21	0.68 mi	266, Brettenham Road, London, Greater London E17 5AY	-	-	2	Flat
£524.5K	02/23	0.68 mi	250, Brettenham Road, London, Greater London E17 5AY	£7,601	69	2	Flat
£325K	04/21	0.7 mi	221, Brettenham Road, London, Greater London E17 5AX	£7,065	46	2	Flat
£469.9K	04/21	0.77 mi	18, Winns Terrace, London, Greater London E17 5EJ	£7,230	65	2	Flat
£477.5K	05/21	0.77 mi	65, Winns Terrace, London, Greater London E17 5EJ	£7,579	63	2	Flat
£385.5K	03/23	0.77 mi	Flat 41, Hainault Court, Forest Rise, London, Greater London E17 3NW	-	-	2	Flat
£400K	08/23	0.77 mi	Flat 40, Hainault Court, Forest Rise, London, Greater London E17 3NW	-	-	2	Flat
£440K	11/21	0.78 mi	82, Carr Road, London, Greater London E17 5EN	-	-	2	Flat
£433K	06/21	0.78 mi	64, Carr Road, Walthamstow, London, Greater London E17 5EN	£6,447	67	2	Flat
£460K	04/23	0.78 mi	32, Carr Road, Walthamstow, London, Greater London E17 5EN	-	-	2	Flat
£447.5K	01/21	0.79 mi	119, Brettenham Road, London, Greater London E17 5AZ	£6,780	66	2	Flat
£478K	06/21	0.79 mi	36, Brettenham Road, London, Greater London E17 5BA	£7,354	65	2	Flat
£450K	12/21	0.81 mi	7a, Comely Bank Road, London, Greater London E17 9ND	-	-	2	Flat
£405K	01/21	0.81 mi	53a, Carr Road, London, Greater London E17 5ER	-	-	2	Flat
£465K	05/21	0.81 mi	73, Badlis Road, London, Greater London E17 5LG	£6,940	67	2	Flat
£506.5K	02/21	0.81 mi	13, Badlis Road, London, Greater London E17 5LG	£7,236	70	2	Flat
£520K	02/23	0.81 mi	198, Carr Road, Walthamstow, London, Greater London E17 5EW	£7,324	71	2	Flat
£497K	02/21	0.81 mi	214, Carr Road, Walthamstow, London, Greater London E17 5EW	£7,418	67	2	Flat
£428K	11/20	0.81 mi	148, Carr Road, Walthamstow, London, Greater London E17 5EW	£6,141	70	2	Flat
£330K	09/21	0.82 mi	397a, Hale End Road, Woodford Green, Greater London IG8 9LL	-	-	2	Flat
£470K	12/20	0.83 mi	14, Fleeming Road, London, Greater London E17 5ES	£6,438	73	2	Flat
£585K	03/23	0.83 mi	40, Winns Avenue, Walthamstow, London, Greater London E17 5EL	£8,446	69	2	Flat
£440.8K	03/21	0.83 mi	6, Winns Avenue, Walthamstow, London, Greater London E17 5EL	-	-	2	Flat
£460.2K	11/20	0.83 mi	90, Fleeming Road, Walthamstow, London, Greater London E17 5ES	£6,670	69	2	Flat
£475K	05/23	0.83 mi	48, Fleeming Road, Walthamstow, London, Greater London E17 5ES	£7,661	62	2	Flat
£460K	03/21	0.83 mi	72, Fleeming Road, Walthamstow, London, Greater London E17 5ES	£6,571	70	2	Flat
£485K	06/23	0.83 mi	74, Fleeming Road, Walthamstow, London, Greater London E17 5ES	£7,029	69	2	Flat
£435.8K	05/21	0.84 mi	116, Diana Road, Walthamstow, London, Greater London E17 5LF	£6,704	65	2	Flat
£495K	01/23	0.84 mi	58, Winns Avenue, Walthamstow, London, Greater London E17 5EL	£6,875	72	2	Flat

Local Rents

32 rents from £1.4K/mo to £2.3K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,995	03/24	0.02 mi	Hawker Place, London, E17	2	Flat
£1,650	04/24	0.17 mi	St. Johns Road, London	2	Flat
£2,300	01/24	0.19 mi	-	2	Flat
£2,100	03/24	0.25 mi	Woodlands Road, Walthamstow E17	2	Terraced House
£1,450	12/24	0.25 mi	-	2	Terraced House
£1,450	02/25	0.25 mi	-	2	Flat
£2,220	02/24	0.25 mi	-	2	Flat
£1,700	02/24	0.28 mi	-	2	Terraced House
£1,600	03/24	0.31 mi	Havant Road, Walthamstow, London, E17	2	Flat
£1,750	03/24	0.31 mi	Fernhill Court, (PP404), Walthamstow	2	Flat
£1,550	03/24	0.34 mi	Forest Road, Walthamstow	2	Flat
£1,695	03/24	0.34 mi	Off Wood St, Walthamstow, London, E17	2	Flat
£1,695	04/24	0.34 mi	Off Wood St, Walthamstow, London, E17	2	Flat
£1,750	05/24	0.37 mi	Hillcrest Road, Walthamstow	2	Flat
£1,700	03/25	0.37 mi	-	2	Flat
£1,499	03/24	0.4 mi	-	2	Flat
£1,499	02/24	0.4 mi	-	2	Flat
£1,600	04/24	0.42 mi	Fulbourne Road, Walthamstow, London, E17	2	Flat
£1,600	04/24	0.43 mi	Fulbourne Road, Walthamstow	2	Flat
£2,200	05/24	0.44 mi	London, London, E17	2	Flat
£2,000	05/24	0.44 mi	-	2	Flat
£1,600	03/24	0.47 mi	Poplars House, The Drive, Walthamstow, E17	2	Flat
£2,000	03/24	0.5 mi	Vallentin Road, Walthamstow, London, E17	2	Terraced House
£1,750	05/24	0.5 mi	Kitchener Road, Walthamstow E17	2	Flat
£1,600	03/24	0.51 mi	Wood Street, London	2	Flat
£2,250	02/25	0.54 mi	-	2	Terraced House
£1,800	03/25	0.54 mi	-	2	Terraced House
£1,900	01/25	0.55 mi	-	2	Flat
£1,550	03/25	0.56 mi	-	2	Flat
£1,475	03/25	0.56 mi	-	2	Flat
£1,850	03/24	0.58 mi	-	2	Flat
£2,150	03/24	0.58 mi	Howard Road, Walthamstow	2	Flat

Local Area Statistics

Population in E17	102,968102,968
Population in London	4,771,9214,771,921
Town centre distance	6.26 miles away6.26 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.49 miles away0.49 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £225,000

March 24, 2025

Floor Plans

Description

Gym +
In need of modernisation +
View more: underthehammer.com +

For Sale by under the hammer online auction. Wednesday 30th - Wednesday 30th April 2025 - Head over to our website to download the legal pack, register to bid and see more information. A vacant two bedroom flat situated in Walthamstow The flat is in need of minor refurbishment and features an entrance hallway, kitchen and lounge, two bedrooms and a bathroom. The property also benefits from a terrace, as well as external parking. Further benefits include on site gym, 24 hours concierge and a child friendly play area. This property offers a fantastic opportunity for both first-time buyers and investors. Service Charge: TBC Ground Rent: TBC Lease term: 155 years from 28 July 2006 Walthamstow, located in East London, is a vibrant and diverse area known for its creative scene, green spaces, and strong community spirit. Home to Walthamstow Village, with its charming streets and independent shops, as well as the famous Walthamstow Market—the longest outdoor market in Europe—it offers a blend of historic charm and modern amenities. The area boasts excellent transport links via the Victoria Line, Overground, and numerous bus routes, making it a convenient choice for commuters. With the scenic Walthamstow Wetlands and Lloyd Park providing plenty of outdoor space, Walthamstow is a lively yet relaxing place to live. Here's what to do next

Visit - Our website and view the auction terms.
View - Book a viewing directly through our website.
Register - Get registered prior to the auction opening date.
Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls. If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

Agent Details

Under The Hammer, Birmingham

03455 120115

Next Steps?

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

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