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See how verdicts workHouse · E11 1QN
Sold STCListed 40 daysAuction 15 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £550,000 For sale by online auction, registration is now open. Bidding opens on 15/10/2026 10:00 and ends on 15/10/2026 13:20.
DescriptionThe property comprises a detached two storey former care home of approximately 159.71 sq m (1,719 sq ft), of traditional brick construction beneath a pitched tiled roof.
The ground floor hallway provides access to all rooms.
There is a front reception room, previously used as a day room/lounge and rear room with wash basin and basic ensuite which would have been used as a bedroom.
There is a kitchen, utility room, small office, conservatory and a WC. The first floor is arranged as three bedrooms and an additional lockable staff room. There is a bathroom/WC and a separate WC.
There is also a cellar.
The property is in a dated condition and requires refurbishment or would suit a change of use to residential subject to consents.LocationWanstead is located 4 miles north-east of Stratford, 2 miles east of Walthamstow, 4 miles south of Chingford and 10 miles north-east of central London.
The area is well served with transport routes including the North Circular Road (A406), Eastern Avenue (A12), M11 motorway as well as London Underground services (Central Line) at Snaresbrook and Wanstead stations.
A range of bars, cafes and local shopping amenities can be found along High Street, whilst recreational pursuits at Leyton Flats and Wanstead Park are both close by.
The property is situated on the west side of Sylvan Road, a residential area that runs northwards from High Street to Hermon Hill.
Value & comps
No previous sales on record.
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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 starting price
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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
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FAQ
About 16, Sylvan Road, Wanstead
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