2-bedroom flat · E12 5HH
For saleReduced £25k (−7.1%) on 23 SepListed 66 days
Opportunity summary
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About
Tucked away within a friendly and beautifully maintained block of just six homes, this spacious two-bedroom flat offers approximately 689 sq. Ft.
Of bright, well-planned accommodation, along with a share of the freehold, a powered garage and the advantage of no onward chain.
The standout space is undoubtedly the impressive 21ft living and dining room. Offering around 250 sq. Ft. Of space, it is wonderfully suited to both relaxed everyday living and entertaining.
Dual-aspect windows allow natural light to pour in, while the wood flooring adds warmth and character. The large picture window looks towards the communal garden, providing a lovely, peaceful outlook.
From the central hallway, the accommodation flows naturally to two bedrooms at the front of the property, a modern-style bathroom and a practical, well-proportioned kitchen at the rear.
What makes this home particularly special is the close-knit nature of the building.
With only six flats, there is a genuine sense of community among the residents, who have formed their own committee and hold the right to manage.
This gives them greater control over how the building is cared for, helps keep management costs to a minimum and allows funds to be directed where and when they are needed.
When combined with the building’s energy efficiency, low monthly energy costs and the inclusion of secure parking, the overall running costs remain reassuringly manageable.
The shared entrance halls and gardens are immaculately maintained, providing an attractive and welcoming setting.
The property also benefits from its own garage with lighting and electrical power, ideal for secure parking, additional storage or practical workspace.
Offered with a share of freehold, and no onward chain, this is a bright and generously sized home with excellent communal management, valuable outside space and plenty of potential to make it your own.
The property enjoys a particularly appealing position beside the wide-open spaces of Wanstead Flats, placing acres of greenery almost on the doorstep.
Forming part of Epping Forest, this much-loved open space is ideal for morning walks, running, cycling, picnics and outdoor sport, while the lakes, woodland trails and landscaped surroundings of Wanstead Park offer even more opportunities to enjoy nature.
There is plenty to do locally, with Wanstead Golf Club, cricket and tennis facilities and the community riding stables all close by.
Wanstead High Street is also within easy reach, offering an inviting selection of independent cafés, restaurants, pubs and shops, while nearby Leytonstone and Forest Gate provide further choices for dining, shopping and leisure.
Transport connections are another major advantage. A bus stop is just a one-minute walk from the property, providing convenient connections around the local area and towards nearby stations.
Wanstead Park Overground station, Manor Park station on the Elizabeth line and Wanstead Underground station on the Central line are also accessible, offering straightforward travel towards Stratford, Liverpool Street, the West End and beyond.
Combining exceptional access to green open spaces with convenient transport links, varied leisure facilities and a welcoming community atmosphere, this location offers a wonderfully balanced East London lifestyle.
Share of Freehold 990 Years Service Charge £160 p/m Council Tax Band C EPC Rating tbc
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 1, 23, Aldersbrook Road, London
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