Michael Road, Leytonstone, Waltham Forest
London
£340,000
Listed on 18/09/2026
Listed on 18/09/2026
The listing
Property details
Bedrooms
2Type
FlatDescription
This two-bedroom flat offers a spacious living area, kitchen and bathroom, with scope for a purchaser to modernise the existing accommodation. The listing identifies redecoration and kitchen updating as areas to address, providing an opportunity to tailor the finish and improve the property.
The seller also highlights possible loft conversion potential, which could allow for up to two additional rooms, subject to planning, building regulations, leaseholder or freeholder consent and other necessary approvals. The feasibility and permissions would need to be checked independently. Situated in Leytonstone, the flat is described as being within reach of local amenities and transport links.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
This two-bedroom flat offers a clear medium-scale improvement project, with a spacious living/kitchen area and scope to refresh the dated finishes to your own specification. Worn flooring and marked walls are visible in several rooms, while the bathroom ceiling has prominent staining that should be investigated before settling the work programme. The small paved frontage is a modest opportunity for a tidy-up rather than major landscaping.
At £340,000, value against local £/sqf cannot yet be judged because the floor area is missing. The listing also mentions possible loft conversion potential, but this depends on planning, building regulations, leaseholder/freeholder consent and feasibility checks.
Key opportunities
- Update the older kitchen and refresh the living/kitchen area, including its worn flooring and marked walls.
- Modernise the dated bathroom and redecorate the two shown bedrooms as part of a coherent improvement programme.
- Explore the stated loft-conversion potential, subject to feasibility, permissions and lease/freeholder consent.
Key risks
- Prominent bathroom ceiling staining needs investigation to establish its cause and whether further work is required.
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Transport
Nearest stations
Leytonstone Underground Station
0.2 miles
Underground · Leytonstone
Leytonstone High Road Rail Station
0.3 miles
Train · Leytonstone
Leyton Midland Road Rail Station
0.9 miles
Train · Leyton
Wanstead Underground Station
0.9 miles
Underground · Wanstead
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,284
Based on a loan of £255,000 over 30 years at 4.45% 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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