6 Castleton Road, Walthamstow, London, E17 4AR

Description

A Two storey mid terrace house. In need of modernisation. Potential to extend (subject to requisite consents). Rear garden.

Accommodation

Ground Floor- Entrance Hall, Two Reception Rooms, Kitchen. First Floor- Three Bedrooms, Bathroom/SC

Location

Located near to the junction of Castleton Road and Forest Road. An extensive range of shopping facilities can be found nearby in the centre of Walthamstow. Recreational amenities of Hollow Pond and Epping Forest are easily accessible. Transport: Underground- Walthamstow Central (Victoria Line); Overground- Wood Street, Walthamstow Central.

Tenure / Property Information

Investment Analysis

Same-road freehold terraced sales range from £715,000 to £890,000. The most recent supplied comparable, 61 Castleton Road, sold for £752,000 on 1 April 2026. As the subject is explicitly in need of modernisation and the condition of the comparables is not supplied, £752,000 is used as a cautious base GDV rather than assuming the higher historic sales are directly comparable.

Investment Snapshot

Strategy Recommendation

Proceed only after inspecting the condition and obtaining a detailed refurbishment budget, legal pack review and confirmation of all auction charges. On the supplied evidence, the guide may offer value against the latest comparable, but the investment case is not fully underwritten.

Works Required

Modernisation of the existing two-storey house, including the kitchen, bathroom, finishes and general presentation, subject to inspection. The stated extension potential should not be relied upon without the necessary consents and confirmed costs.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because refurbishment costs, buyer charges and the post-works valuation uplift are not supplied. At the base GDV of £752,000, 75% refinance would be £564,000, but total project cost and cash left in cannot be calculated.

Buy-to-Let Analysis

The only rental evidence is an advertised asking rent of £1,750 pcm, equivalent to £21,000 annually. Against the £500,000 guide, this indicates a gross yield of approximately 4.20%, before finance, operating costs, voids, tax and acquisition charges. Achieved rent and property condition are unverified, and no buyer fee or refurbishment budget is supplied.

Flip Analysis

The supplied comparable evidence supports a base GDV of £752,000, with observed same-road sales ranging from £715,000 to £890,000. A flip surplus cannot be calculated because modernisation costs, buyer charges, VAT position and selling costs are unavailable. The £252,000 difference between base GDV and the guide is not profit.

Investor Risks & Due Diligence

• The property is stated to be in need of modernisation, but no refurbishment scope or cost estimate is supplied.

• The £1,750 pcm figure is an advertised asking rent rather than achieved rent.

• Buyer premium, seller charges and the VAT position are not specified and may affect total cost.

• The higher historic comparable sales may not be directly comparable in condition, size or timing.

• Any extension is subject to the requisite consents and should not be assumed in the valuation.

• No EPC, council tax, heating or parking information is supplied.

Recommendation

Proceed only after inspecting the condition and obtaining a detailed refurbishment budget, legal pack review and confirmation of all auction charges. On the supplied evidence, the guide may offer value against the latest comparable, but the investment case is not fully underwritten.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and one advertised rental, but comparable condition, floor areas, refurbishment costs, buyer charges, EPC and other operating details are unavailable.