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See how verdicts workHouse · E17 6AD
For saleListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the vibrant area of Blackhorse Lane, London, this remarkable investment opportunity comprises five separate flats, each offering a unique charm and character.
Currently, these flats are generating an impressive annual income of £63,600, making this property an attractive prospect for savvy investors seeking to expand their portfolio.
The location is ideal, with excellent transport links and a plethora of local amenities, ensuring that residents enjoy both convenience and comfort.
Blackhorse Lane is known for its lively atmosphere, with a variety of shops, cafes, and parks nearby, appealing to a diverse range of tenants.
Each flat has been thoughtfully designed to maximise space and light, providing a welcoming environment for occupants.
The property is well-maintained, ensuring that it remains a desirable choice for renters.
This investment not only promises a steady income but also the potential for capital appreciation in a thriving area of London.
With its strong rental yield and the opportunity for future growth, this property is a rare find in the current market.
Whether you are an experienced investor or looking to make your first foray into property investment, this collection of flats on Blackhorse Lane presents a compelling opportunity that should not be overlooked.
Location This location offers a plethora of choices for exploring the captivating landmarks of Walthamstow.
Just a brief four-minute stroll from the residence unveils the splendour and botanical wonders of Higham Hill Park.
Here, you can make use of tennis and basketball courts, a children's play area, and a community café.
The recently renovated Cheney Row Park, reopened in May 2019, is also within easy reach-a brisk 13-minute walk or a quick 4-minute bike ride away.
This park boasts a nature-themed play area for children, an outdoor amphitheatre, enhanced natural zones for plants and wildlife, and much more.
For those seeking a slightly more distant adventure, a 15-minute walk or a 6-minute bike ride takes you to London's largest nature reserve, the 500-acre Green Flag award-winning Walthamstow Wetlands.
Here, you can enjoy walking trails, bike rides, and immerse yourself in picturesque scenery.
Essential amenities are conveniently close, with the Higham Hill Road Co-op and post office just a short walk from your front door.
Indulge in a delightful Sunday roast at the tavern on the hill or savour an excellent Chinese takeaway from Phoenix on Higham Hill Road.
Transportation options abound, with five bus stops within 0.24 miles of your front door, offering a diverse range of travel destinations.
Walthamstow Central and Blackhorse Road stations are 1.04 miles and 0.67 miles from the property, respectively, providing both underground and overground transport choices.
Lastly, a wealth of nursery, primary, and secondary schools lie within a 0.39-mile radius, all boasting good to outstanding Ofsted ratings.
Rental Income: Flat 1- £1500 pcm Flat 2 - Was a shop Currently has Change of use Flat 3- £1350 pcm Flat 4- £1400 pcm Flat 5- £1050 pcm Flat 1 Rental Income: £1500 pcm Open Plan Kitchen/Living Room- 17'8 x 14'3 Bedroom One - 10'7 x 8'11 Bedroom Two- 8'11 x 5'11 Shower Room Flat 3 Rental Income: £1350 pcm Kitchen- 7'11 x 6'11 Lounge- 16'9 x 10'6 Bedroom- 14'3 x 10'7 Bathroom Court Yard Flat 4 Rental Income: £1400 pcm Open Planned Kitchen/ Lounge - 14'6 x 14'2 Bedroom One - 7'2 x 8'2 Bedroom Two - 7'2 x 8'9 Bathroom- 5'1 x 6'0 Flat 5 Rental Income: £1050 pcm Open Plan Kitchen/Lounge- 13'10 x 17'10 Bedroom - 7'10 x 10'0 Bathroom - 7'7 x 7'3
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 268, Blackhorse Lane, London
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