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See how verdicts work2-bedroom flat · E11 2NS
For saleReduced £30k (−4.8%) on 26 OctListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prime position on St Mary's Avenue, widely regarded as Wanstead's premier residential address, this exceptionally spacious second floor apartment forms part of the highly sought-after St Mary's Lodge development.
Extending to approximately 932 sq.
ft., the property combines generous proportions, secure underground parking and lift access, all within beautifully maintained surroundings close to Wanstead High Street and Central Line station.
The apartment opens via a wide and welcoming entrance hall which provides access to all principal rooms and enhances the sense of space throughout.
The impressive reception room is wonderfully bright, featuring large picture windows that frame far-reaching leafy views and flood the room with natural light, creating an elegant yet comfortable living and entertaining space.
A separate fitted kitchen offers an excellent range of storage and work surfaces together with ample dining potential, making it ideally suited for both day-to-day living and hosting guests.
In addition, the property benefits from access to a communal utility area, providing valuable supplementary storage space and practical convenience rarely found in apartment living.
The principal bedroom is particularly impressive in scale and benefits from an entire wall of bespoke built-in wardrobes, providing extensive storage without compromising space.
The second bedroom is equally versatile and is currently arranged as a formal dining room, demonstrating the flexibility of the accommodation.
The bathroom is substantial in size and fitted with both a separate shower enclosure and a feature raised bath, while the apartment overall has been lovingly maintained and offers excellent potential for a purchaser wishing to modernise to their own specification over time.
Further benefits include share of freehold, a long lease, secure underground residents' parking, additional visitor parking, lift access and beautifully maintained communal areas and grounds.
St Mary's Lodge enjoys an enviable setting moments from Wanstead's vibrant High Street with its collection of independent cafés, restaurants and boutiques, together with excellent transport connections via Wanstead Underground Station (Central Line) and easy access to the green open spaces of Wanstead Park and Epping Forest.
A rare opportunity to acquire a substantial apartment within one of Wanstead's most prestigious developments.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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