We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · E11 2SL
Sold STCReduced £15.5k (−2%) on 21 JunListed 509 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location. Modern. Luxury. This apartment ticks all the boxes.
Situated in the heart of New Wanstead, this spacious, high end and ultra-modern fourth-floor apartment boasts three bedrooms, two bathrooms and is set on communal grounds.
It offers over 1,200 sqft, an abundance of storage space, views from the balcony and sleek flooring throughout.
In addition you will have your own private garage on site and additional communal parking for visitors.
Inside the home, you will gaze in awe at the spacious, open plan, flexible living and dining area, with practical built in shelving and a dedicated balcony, which could be ideal for a morning coffee.
A specific feature is the lighting at night which includes undershelf lighting and the row of switches and sockets used by leading architects.
The well fitted contemporary kitchen has been designed with a high level of attention to detail with ample counter and cabinet space for meal preparation.
Enjoy warm summer days and evenings relaxing on the expansive balcony, with views, high up in the treetops.
Off the hallway is where we find the large primary bedroom with plenty of natural light and the flexibility to make it your own, whilst the second well appointed, light filled bedroom benefits from fitted wardrobes.
The two exquisitely designed bathrooms both have large walk in showers and have been completed to a high standard. There is also a dedicated washing machine laundry area for convenience.
Ideally located for commuters with easy access for both Wanstead and Snaresbrook's Central Line stations, offering direct access to the city, as well as the A12 and A406.
Wanstead High Street is abuzz with an array of bars, restaurants, shops, local amenities, schools, green spaces and the historic Wanstead Park. Contact us today for a viewing!
Council Tax Redbridge E Leasehold, Years Remaining 178 Annual Ground Rent £100 (Invoiced Quarterly 01Jan24 - 31Mar24) We are advised that the annual service charge is £2,811.20, with a reserve fund contribution of £3,852.94, which is funding refurbishment of communal interiors, entrance handrails, lobby, and the car entry barrier system.
This contribution is expected to reduce once works are completed.
A balloon payment of approximately £50,000 is anticipated to be spread over the course of 2026, covering the replacement of all windows with Crittall-style double glazing and the full replacement of the blue curtain wall system.
We are advised only assistance dogs are allowed in this property. Consumer Protection from Unfair Trading Regulations 2008. Misrepresentations Act 1967. Property Misdescriptions Act 1991.
These details are prepared as a general guide only and should not be relied upon as a basis to enter a legal contract or to commit expenditure.
The sales particulars may change in the course of time and any interested party is advised to make a final inspection of the property prior to exchange of contracts or signing of a tenancy agreement.
Durden & Hunt have not tested any apparatus, equipment, fixtures and fittings or services. Items shown in photographs are not necessarily included. On occasion photographs may be owner supplied.
On most occasions features and facilities of a property are owner advised and potential buyers/tenants are advised to confirm these.
Please note that service charge, ground rent and lease lengths are subject to change, and the information we have supplied was true at time of instruction.
References to the tenure, lease length, ground rent and service charges for any property are based on information supplied by the seller, buyers are advised to obtain verification of these stated figures from their solicitor before purchasing.
Any mention of planning potential or planning permission is based on the current owners opinion, a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice, unless otherwise stated.
Any reference to distance to stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances.
Buyers/Tenants must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Durden & Hunt are a proud member of The Property Ombudsmen. EPC Rating: D
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.
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About 20 The Hollies New Wanstead, London
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