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Erskine Road, Walthamstow, London, E17

London

£450,000
Listed on 14/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
621 sqft

Description

This two-bedroom first floor Victorian conversion presents an excellent investment opportunity, featuring over 620 square feet of thoughtfully designed living space and significant potential for enhancements. The spacious lounge, illuminated by three generous windows, showcases charming original details like coving and a cast iron fireplace, complemented by wooden flooring that adds warmth. Adjacent to the lounge, the master bedroom provides a comfortable retreat, while a modern kitchen and bathroom are conveniently located further down the hallway. The second bedroom at the back of the property is well-suited for use as a home office. A notable advantage is the sizeable loft space which already has consent from the freeholder for conversion into an additional bedroom and bathroom—ideal for maximizing value through renovation. Situated in a tranquil pocket of Erskine Road, this residence benefits from proximity to both Lloyd Park and Walthamstow Central station, which is just a short walk away. This allows easy access to the Victoria Line and London Overground services, putting central London within quick reach. Local amenities include Lloyd Park's community events and vibrant town centre offerings such as diverse shops and eateries. Additionally, Walthamstow Village and Poets Corner enhance the area's appeal with independent cafés and pubs that foster a bustling local culture. Overall, this property not only offers character but also remarkable potential for growth through renovation efforts.

Investment Analysis

(E17 area)

Above Market Value

This property is priced +8.6% above area average per sq ft

+8.6%
This Property
£725/sq ft
Area Average
£667/sq ft
Avg Rent (weekly)
£434
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£455,730
10% above area average per sq ft
Potential ROI
-7.0%
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
15%
Properties sold annually

Local Market Trend (E17)

Area prices are rising by +7.8% over the last 12 months
3 year growth: +9.1%
5 year growth: +13.7%
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

Erskine Road, Walthamstow, London, E17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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