1-bedroom bungalow · E11 2XA
For saleReduced £20k (−7.1%) on 25 JulListed 557 days
Opportunity summary
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About
Retirement bungalow | No chain | Centrally positioned retirement development on Nightingale Lane | Located in the heart of Wanstead High Street | Snaresbrook Station (0.2 miles) and Wanstead Station (0.3 miles) | Private entrance | Large living room with doors out to a small patio area | Modern fitted kitchen with window overlooking the communal garden | Large double bedroom with fitted wardrobes | tiled three piece bathroom with low level bath for easier access and shower | Double glazing throughout | Available exclusively for residents aged 55 and above | Warden assisted development | Communal residents lounge | Helpful on-site manager Laundry room | Well maintained communal gardens | long lease in excess of 960 years.
Lease Remaining: 962 years Service Charge: £3,355.20 Per Annum Council Tax band C ** Retirement bungalow – No chain & available to view immediately by appointment ** Churchill Estates are pleased to bring to market this unique one double bedroom bungalow, set within this centrally positioned retirement development on Nightingale Lane.
Ideally located in the heart of Wanstead High Street and within close proximity to all the local amenities, including a short walk to both Snaresbrook (0.2 miles) and Wanstead Central line stations (0.3 miles).
This bungalow features its own private entrance and comprises a large living room with doors out to a small patio area, separate modern fitted kitchen with window overlooking the communal garden, large double bedroom with fitted wardrobes, tiled three piece bathroom with low level bath for easier access and shower above, a sizeable storage cupboard in the hallway and double glazing throughout.
Available exclusively for residents aged 55 and above, Westleigh Court is a warden assisted development which benefits from a communal residents lounge, helpful on-site manager, laundry room, well maintained communal gardens and this property has the added benefit of a long lease in excess of 960 years.
For further details or an appointment to view, please contact the office at your convenience. Lease Remaining: 962 years Service Charge: £3,355.20 Per Annum Council Tax band C
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
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FAQ
About 28, Westleigh Court, Wanstead
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