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Melville Road, Walthamstow, London, E17 - Image 1
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Melville Road, Walthamstow, London, E17 - Image 3
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Melville Road, Walthamstow, London, E17

London

£1,100,000
Listed on 09/11/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1545 sqft

Description

This five-bedroom mid-Victorian house presents a blend of classic charm and substantial renovation potential, ideal for those looking to invest in a property that can be tailored to their vision. Spanning over 1,540 square feet, the home offers a versatile layout with numerous opportunities for expansion, particularly with its spacious 45ft south-facing garden and an additional outbuilding that could serve as a functional workspace or studio. The exterior of the home showcases the traditional brick façade and distinctive double-bay windows characteristic of its Victorian heritage, creating an inviting first impression. Inside, you are welcomed by an expansive entrance hall leading to a generously sized reception room, where high ceilings adorned with ornate coving and a cast iron fireplace enhance the timeless aesthetic. The wooden floors add warmth and character while setting the stage for future updates. At the rear of the property, the 21ft kitchen/diner stands out as a central living space. Its combination of solid wood shaker-style cabinetry and integrated appliances is functional yet leaves room for modernisation. The current layout provides an excellent foundation for a side return extension, which could significantly increase usable space — envision a large central island and bifold doors opening up to the garden for seamless indoor-outdoor living. On the first floor, you'll find the master bedroom featuring bay windows and original details like covings and an ornate fireplace. Two additional bedrooms accompany it on this level along with a well-appointed family bathroom. A unique secondary staircase leads to two more bedrooms on the top floor, offering pleasant views over Walthamstow's skyline. The outdoor space is equally appealing; the sizeable south-facing garden is perfect for summer gatherings or simply enjoying natural light throughout the day. The detached outbuilding holds promise as a home office or workshop, enhancing functionality further. Located within proximity to Walthamstow Central and Poets Corner, this home is surrounded by a vibrant community rich in boutique shops, cafes, pubs, and restaurants without straying into pricier areas. Just moments away are recreation spots such as Lloyd Park and Walthamstow's notable ‘Beer Mile’, known for its thriving microbrewery scene. This property is also situated within an excellent school catchment area including Greenleaf, Winns, and Hillyfield primary schools—making it not only an appealing investment but also a fantastic family home for years to come. Council Tax Band D EPC Rating C

Investment Analysis

(E17 area)

Above Market Value

This property is priced +6.5% above area average per sq ft

+6.5%
This Property
£712/sq ft
Area Average
£668/sq ft
Avg Rent (weekly)
£450
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,135,691
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (E17)

Area prices are rising by +8.1% over the last 12 months
3 year growth: 11.3%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on E17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Melville Road, Walthamstow, London, E17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£4,030
Based on a loan of £825,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE