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Melford Road, Walthamstow, London, E17

London

£725,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1128 sqft

Description

Nestled on a quiet residential street, this spacious three-bedroom terraced home presents an excellent opportunity for those looking to invest in a property with significant potential for renovation. Covering approximately 1,128 sq. ft., the home features a welcoming reception room bathed in natural light from a large bay window, seamlessly connecting to a sizable dining area ideal for family gatherings or entertaining guests. The rear of the property houses a fitted kitchen that offers ample storage and countertop space, leading directly to the garden—the perfect layout for future enhancements. Additionally, a versatile multi-purpose room can serve various functions such as an office, breakfast nook, or storage area. The ground floor also includes a practical family bathroom and separate WC, catering well to households with busy schedules. On the first floor, you will find three well-sized bedrooms that benefit from good natural light and share access to a shower room complete with WC. Outside, the expansive rear garden stretches approximately 50 feet and combines patio and lawn areas—ideal for relaxation or outdoor entertainment. Notably, the property includes loft space which holds promising conversion potential (subject to planning permission) for an extra bedroom or home office, offering both added value and flexibility. Situated moments away from St James Street's vibrant atmosphere, this property enjoys fantastic transport links with St James Street Station only five minutes away providing quick access to Liverpool Street in just 15 minutes. Additional transport options are available within walking distance at Blackhorse Road Station and Walthamstow Central Station, enhancing its appeal for commuters. The nearby Walthamstow Market offers an array of shops and cafes just a short stroll away while creative spaces like Crate St James Street add modern flair to the area. For green space enthusiasts, Walthamstow Marshes and Wetlands are also conveniently nearby for leisurely walks or cycling trips.

Investment Analysis

(E17 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£643/sq ft
Area Average
£670/sq ft
Avg Rent (weekly)
£502
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£831,088
10% above area average per sq ft
Potential ROI
+8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (E17)

Area prices are rising by +7.1% over the last 12 months
3 year growth: +8.3%
5 year growth: +12.2%
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

Melford Road, Walthamstow, London, E17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,568
Based on a loan of £543,750 over 30 years at 3.91% 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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