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555-557 High Road, High Road, Leytonstone, London - Image 1
555-557 High Road, High Road, Leytonstone, London - Image 2
555-557 High Road, High Road, Leytonstone, London - Image 3
555-557 High Road, High Road, Leytonstone, London - Image 4
555-557 High Road, High Road, Leytonstone, London - Image 5

555-557 High Road, High Road, Leytonstone, London

London

£1,200,000
Listed on 12/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
4924 sqft

Description

This freehold double-fronted property consists of two commercial units along with upper floors that previously had planning permission for conversion into five residential flats, a planning approval that lapsed on January 17, 2023. Additionally, the site includes two rear buildings with potential for transformation into mews houses, contingent upon obtaining the necessary consents. Offering a total gross internal area of approximately 4,924 sq ft (458 sq m), this vacant property presents a compelling opportunity for redevelopment in a sought-after area of Waltham Forest. Investors and developers can explore the possibilities of revitalizing the space to cater to the growing demand for residential properties in London.

Investment Analysis

(E11 area)

Below Market Value

This property is priced -62.2% below area average per sq ft

-62.2%
Potential saving
This Property
£244/sq ft
Area Average
£644/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£3,490,057
10% above area average per sq ft
Potential ROI
+132.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (E11)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +0.7%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on E11 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

555-557 High Road, High Road, Leytonstone, London
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,328
Based on a loan of £900,000 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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