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Forest Road, London

London

£625,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Commercial Property

Description

This substantial mixed-use property in Walthamstow presents a compelling redevelopment opportunity, appealing to both investors and developers. The ground floor currently houses a commercial space that has received planning approval for conversion into a one-bedroom residential flat, allowing for significant enhancement of value and rental income potential. Above, the split-level two-bedroom unit on the first and second floors offers ample living space with versatility for refurbishment. With vacant possession in hand, this property is primed for those looking to embark on an immediate redevelopment or seeking long-term investment potential, including the possibility of a multi-unit scheme pending necessary permissions. Positioned near Lloyd Park, residents will enjoy proximity to green spaces and the vibrant community that defines Walthamstow, which is rich with independent shops, dining options, and leisure activities. The town centre and famous market are within easy reach, complemented by excellent transport connections to Central London via Walthamstow Central and Blackhorse Road stations as well as convenient access to local bus routes. This property offers a unique chance to tap into a fast-growing area of East London with promising future prospects.

Investment Analysis

(E17 area)
Area Average
£672/sq ft
Avg Rent (weekly)
£489
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
78
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (E17)

Area prices are rising by +8.1% over the last 12 months
3 year growth: +9.7%
5 year growth: +13.4%
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

Forest Road, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,230
Based on a loan of £468,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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