How much is Selworthy Close, Wanstead?

The asking rent is £1,450 a month.

Selworthy Close, Wanstead, E11 2TE

7-bedroom flat · E11 2TE

378 sq ft1 bathClose to Wanstead High Street (0.2 miles) · Studio apartment · Ground floor

Asking rent

£1,450/mo

Let agreedListed 27 days

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Redbridge city-wide Article 4 (HMO), The London Borough of Redbridge Houses in Multiple Occupation Article 4 Direction 2018 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Petty Son & Prestwich are delighted to present this beautifully positioned ground-floor studio apartment, ideally located just moments from Snaresbrook Station and the vibrant amenities of Wanstead High Street.

Perfectly suited to a single professional, this well-designed studio offers surprisingly spacious accommodation of approximately 245 sq ft, combined with excellent storage and a wonderfully convenient location.

The property forms part of a purpose-built development and is situated just 0.3 miles from Snaresbrook Central Line Station and 0.2 miles from Wanstead High Street, putting an excellent selection of independent cafés, restaurants, shops and bars within easy reach.

With Central London just a straightforward journey away, the location is particularly appealing for those looking for an easy commute without sacrificing access to green open spaces.

Inside, the apartment has been thoughtfully laid out to make the most of the available space.

The separate C-shaped kitchen provides an impressive amount of storage and worktop space, while the separate bathroom features a convenient walk-in shower.

The entire property has been renovated to a very high standard.

The generous main living and sleeping area benefits from a south-westerly aspect, creating a bright and naturally light space throughout much of the day.

The abundance of storage further enhances the practicality of this compact yet highly functional home. For those who enjoy the outdoors, the location is equally appealing.

Epping Forest, Wanstead Park and Leyton Flats are all within easy walking or cycling distance, providing an excellent escape from the pace of city life.

The property is also conveniently located for Whipps Cross Hospital, with the Central Line providing straightforward connections towards Mile End and The Royal London Hospital.

Permit parking is available within the development and surrounding area.

Available Now Unfurnished EPC Rating: D64 Council Tax Band: B 1 Week Holding Deposit: £334.61 5 Week Total Deposit: £1673.07 Bedroom/Living Space - 6.40m x 3.53m (21 x 11'7) - Kitchen - 2.13m x 2.11m (7 x 6'11) - Bathroom - 1.96m x 1.70m (6'5 x 5'7) -

Key information

Furnished state

Unfurnished

Deposit required

£1,673

Floor area

378 sq ft (35 sq m)

Council tax band

Band B

Estimated ~£1,400/year

Heating

Ask agent

Local authority

Redbridge

London Borough

County

Greater London Authority

Property features

Close to Wanstead High Street (0.2 miles)
Studio apartment
Ground floor
Small, purpose built development
Separate, brand new contemporary kitchen
Large living/bedroom space of 245 square feet
Plenty of storage
Modern Brand New Bathroom – Walk in Shower
All new flooring and decoration

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

Short-let restrictions apply

Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
England: a national short-term let register is being introduced; register the property before letting.

We're still gathering serviced-accommodation data for this area.

Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.