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Omnibus Way, Walthamstow, London

London

£550,000
Listed on 24/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
758 sqft

Description

Nestled in a tranquil residential area of Walthamstow, this two-bedroom house presents an exciting opportunity for renovation and investment. Its well-thought-out layout offers ample potential to enhance the existing features or even expand upon them. The ground floor includes a spacious reception room that invites natural light, perfect for reconfiguration to better suit modern living needs. The kitchen, though functional, could benefit from contemporary upgrades to elevate both style and efficiency while maintaining views over the rear garden. Upstairs, the two sizable bedrooms are versatile spaces that can be tailored for various uses such as guest accommodations or home offices. The property's layout allows for creative reimagining, whether it’s improving storage solutions or modernising the décor. The private rear garden is an untapped asset; with thoughtful landscaping, it could be transformed into a delightful outdoor retreat. Additionally, the property features a driveway which adds significant value and convenience in this desirable area of E17. Located within easy reach of Lloyd Park and its vibrant community events, as well as transportation links via Walthamstow Central and Wood Street stations — providing swift access to Central London — this property is poised for those looking to invest in a growing neighbourhood with strong rental demand.

Investment Analysis

(E17 area)

Above Market Value

This property is priced +9.0% above area average per sq ft

+9.0%
This Property
£726/sq ft
Area Average
£666/sq ft
Avg Rent (weekly)
£460
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£555,019
10% above area average per sq ft
Potential ROI
-5.1%
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
33%
Properties sold annually

Local Market Trend (E17)

Area prices are rising by +8.0% over the last 12 months
3 year growth: +10.1%
5 year growth: +17.4%
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

Omnibus Way, Walthamstow, London
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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
£1,984
Based on a loan of £412,500 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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