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 work2-bedroom flat · E11 2NS
Sold STCListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prime position within the highly regarded St Mary's Lodge, this chain-free two-bedroom apartment extends to an impressive 969 sq ft (90.04 sq m) and enjoys underground parking, lift access and beautifully maintained communal grounds in the heart of Wanstead.
Set within one of the area's most established residential developments, the property is surrounded by pristine landscaped communal gardens, mature trees and attractive green spaces, creating a peaceful setting whilst remaining within easy reach of Wanstead's vibrant amenities and transport links.
The apartment offers exceptionally well-proportioned living space throughout, centred around a superb 18ft reception and dining room with large picture windows overlooking the surrounding greenery and allowing an abundance of natural light to flood the room.
The separate fitted kitchen enjoys far-reaching views and provides excellent storage and preparation space.
There are two generous double bedrooms, including a substantial principal bedroom with extensive fitted wardrobes, while the second bedroom offers excellent versatility as a guest room, home office or additional sleeping accommodation.
A spacious shower room completes the layout.
Offering almost 1,000 sq ft of internal space, the property presents an excellent opportunity for buyers seeking a home with scope to modernise and personalise, whilst benefiting from the scale and proportions rarely found in modern apartment developments.
Further benefits include underground parking, lift access, a secure entry system, double glazing and well-maintained communal areas throughout.
Ideally positioned for Wanstead High Street, residents can enjoy an excellent selection of independent cafés, restaurants, shops and everyday amenities, together with convenient access to both Wanstead and Snaresbrook Central Line stations, providing direct links into the City, Canary Wharf and the West End.
Apartments within St Mary's Lodge are rarely available, particularly those offering 969 sq ft of living space, making this a superb opportunity for downsizers, professionals and buyers seeking a well-connected home in one of East London's most desirable locations.
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
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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 St Mary's Lodge, St Mary's Avenue, Wanstead
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