2-bedroom flat · E11 2PS
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***New 125 Years Lease on Compeltion*** No Ground Rent**** Vacant**** Situated within a sought-after retirement development in the heart of Wanstead, this well-presented two bedroom second floor apartment offers comfortable, secure and independent living exclusively for the over 60s.
The property features a bright and spacious living room, a fitted kitchen, two generously sized bedrooms, and a shower room.
The apartment benefits from lift access, well-maintained communal areas, and a welcoming community atmosphere, making it an ideal choice for those seeking a relaxed lifestyle in a highly desirable location.
One of the property's most attractive features is its excellent position, providing easy access to local amenities and transport links.
Wanstead Underground Station (Central Line) is approximately 0.3 miles away, offering direct connections to Stratford, Liverpool Street and Central London.
The station is also served by numerous local bus routes including the 66,101,145,308, W12 and W13 services.
Wanstead High Street, with its excellent selection of supermarkets, cafés, restaurants, pharmacies, banks and independent shops, is within a short level walk, providing everything needed for day-to-day convenience.
For leisure and recreation, residents can enjoy the beautiful open spaces of Wanstead Park, Christchurch Green and nearby Epping Forest, offering pleasant walking routes, wildlife, gardens and scenic surroundings.
The area also benefits from local community groups, churches, medical facilities and libraries, making it particularly attractive for retirees seeking an active and fulfilling lifestyle.
Viewing is highly recommended!
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
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
Agent & docs
.png)
FAQ
About Flat 24 Oak Lodge, 56, Cambridge Road, London
Explore nearby