1-bedroom house · E11 2PS
Listing removedListed 182 days
Opportunity summary
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About
Chain free sale within a highly sought after retirement development | One double bedroom with built in wardrobes | First floor apartment exclusively for residents aged 55 and over | Long lease of 153 years remaining | Corner plot with rare dual-aspect windows, a standout feature that fills the space with natural light | Spacious lounge/dining room leading to a fitted kitchen with ample storage | Secure entry phone system for added peace of mind | Resident facilities include communal lounge, gardens, laundry room, lift service and parking | Two internal storage cupboards located in the hallway | Ideally situated on a local bus route and within walking distance of Wanstead High Street and local amenities Churchill Estates are pleased to offer this well presented, chain free one bedroom apartment situated on the first floor of a highly sought-after retirement development, exclusively for residents aged 55 and over.
Occupying a desirable corner position, the property benefits from rare dual-aspect windows, a standout feature that fills the home with natural light and enhances the sense of space throughout.
The apartment is presented in excellent condition and offers comfortable, low-maintenance living.
Internally the accommodation comprises a generously proportioned lounge/dining room leading through to a fitted kitchen with ample storage, a spacious double bedroom with fitted wardrobes, a large bathroom and two useful internal storage cupboards located off the hallway.
The property further benefits from a long lease of approximately 153 years remaining, offering added peace of mind for prospective purchasers.
Residents also enjoy a range of communal facilities including a residents’ lounge, laundry room, well-maintained communal gardens, lift access, entry phone security system and communal parking.
Ideally located the development sits on a convenient bus route and is within easy walking distance of Wanstead High Street, offering a wide selection of shops, cafes, and local amenities.
For further information or to arrange an appointment to view please contact the office at your earliest convenience to avoid disappointment.
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.
Area
Agent & docs
FAQ
About Flat 17, Oak Lodge, 56 Cambridge Road, London
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