859 Lea Bridge Road in London

Name: Sales in 859 Lea Bridge Road started!
Start: 2021-10-11T06:47:33.329745+00:00
End: 2023-12-31T23:59:59+0000
Location: 859 Lea Bridge Road

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Project info

Object ID: 14972

Finished at	December 2019
Price, m²	From 9030$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 38.00 m²
Floors	5
Apartments	10
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

343,140$

Net profit

5,883$

Payback period

42.5 years

Avg property value increase per year

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Promos and discounts for 859 Lea Bridge Road

About the project

Located on the edge of Walthamstow, a huge town in the London Borough of Waltham Forest, the new residential complex finds itself in a quiet neighbourhood 7.5 miles north-east of Charing Cross.

Hidden from the buzzing streets of central London, the town is known for the longest outdoor street market in Europe, which occupies about a kilometre of Walthamstow's High Street. Walthamstow Market is home to an abundance of various shops, some of which offer rare ethnic foods, including Russian, Polish, Caribbean, South American, and Indian, to name a few.

Mere minutes away, Leyton Flats attracts nature lovers with its expansive grasslands, numerous trees, and stunning ponds. The park is perfect for a tranquil walk or a morning jog amidst lush greenery and serene atmosphere. To enjoy some lovely water sceneries, you can also rent a boat to explore Hollow Pond, the largest water body on the territory of Leyton Flats.

To get to the centre of the city, you can take a train from the Wood Street station or hop on the Victoria line from its north end, Walthamstow Central Underground station, and reach King’s Cross.

What is the architectural style of the building?

The 5-storey building at Lea Bridge Road boasts a bright red-brick façade. The exterior gives off a village-like vibe, modernized by narrow floor-to-ceiling windows that flood the homes with an abundance of natural light. Moreover, the classical brickwork is contrasted by huge light grey cantilevered balconies that resemble pockets made out of corrugated slates. The main entrance is adorned with landscaped terraces and lush shrubberies to freshen up the area.

What are the available amenities and facilities?

The vibrant Lea Bridge Road offers a lovely collection of cafes, restaurants, and pubs, including Bom Pecado, Perfect Fried chicken, Lambs Cafe 'Since 1900', and Uffizzi.

The area also features a wide array of highly ranked schools such as Forest School, surrounded by lush greenery, Holy Family Catholic School, and Walthamstow School for Girls.

In addition, just around the corner, Whipps Cross University Hospital provides a full range of general health care services and acts as a teaching hospital for medical students as well.