11, Gardner Close, Wanstead, E11 2HN

Studio flat · E11 2HN

312 sq ftEPC C1 bathWell-presented studio apartment · Located on the second floor with lift access · Purpose-built development

Asking

£240,000

For saleReduced £10k (−4%) on 29 JulListed 430 days

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Redbridge city-wide Article 4 (HMO), The London Borough of Redbridge Houses in Multiple Occupation Article 4 Direction 2018 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Second Floor | Studio Apartment | Separate sleeping area | Lift Service | Gas central heating | Double glazing | Adjacent Station | Close High Street shopping facilities | 100+ year lease ** Available to view immediately by appointment ** Churchill Estates are delighted to offer this well-presented studio apartment, located on the second floor of this purpose-built development which is just moments from both the vibrant Wanstead High Street and Central Line station.

This bright and airy studio features far-reaching views across London and combines smart design with modern comfort.

The accommodation comprises a spacious open-plan lounge/bedroom area, contemporary fitted kitchen and a stylish fully tiled shower room.

Additional benefits include underfloor heating throughout, double glazing, gas central heating, entry phone system, lift access, option to rent an allocated parking space should it be required and a long lease of 112 years remaining.

Positioned just a short stroll from Wanstead High Street, you'll have easy access to a fantastic range of local amenities, including independent boutiques, popular pubs and highly rated restaurants.

For more information or to arrange an appointment to view, please contact the office at your convenience.

Key information

Price per Square Foot

£769/sq ft

Based on 312 sq ft (29 sq m)

Floor Area

312 sq ft (29 sq m)

Council Tax Band

Band A

Estimated ~£1200/year

EPC Rating

currentView certificate

Tenure

Leasehold (112 years)

Property Age

England and Wales: 1950-1966

Heating

Gas Central Heating, Underfloor Heating

Local Authority

Redbridge London Boro

London Borough

County

Greater London Authority

Property features

Well-presented studio apartment
Located on the second floor with lift access
Purpose-built development
Moments from Wanstead High Street & Central Line station
Long lease of 112 years remaining
Open-plan lounge/bedroom area
Contemporary kitchen & stylish shower room
Double glazing & gas central heating
Secure entry phone system
Underfloor heating throughout

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

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0.0% below asking

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Investment Disclaimer

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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market430 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market430

Price reduction-4.0%

STC fall-through—

Back to market—

Agency change—

EPC ratingC

Listing timeline

First listedListed at £250,00016-08-2025

Price reduced£250,000 → £240,000 (-4.0%)29-07-2026

Still activeDay 430 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.