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Elmcroft Avenue, Wanstead

London

£825,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
934 sqft

Description

This 1930s family home, located in the desirable Nightingale Estate, presents a promising opportunity for those looking to invest in a property with significant renovation potential. With no onward chain, this residence is ready for a new owner to explore its possibilities and add personal touches. The layout of the home offers a welcoming porch that leads into an inviting hallway. The spacious lounge area is designed for both relaxation and entertaining, creating a fluid connection to the kitchen that enhances everyday living. This configuration allows for easy modifications should one wish to open up the space further or update the interiors. Upstairs, you will find three generously sized bedrooms, providing flexibility for family living or accommodating guests. The first floor also includes a landing area that connects to a shower room and a separate toilet, which adds practicality to the household’s needs. The original design benefits from naturally lit spaces and an efficient arrangement, all of which set the stage for future enhancements. Situated in Wanstead, this property benefits from the tranquility of suburban life while being conveniently close to essential amenities. The Nightingale Estate is characterized by its tree-lined streets and strong community atmosphere. Residents enjoy nearby green spaces such as Wanstead Flats and Christchurch Green, making it ideal for outdoor activities or relaxing walks. Transport links are another significant feature of this location; both Wanstead and Snaresbrook Underground stations offer quick connections to central London via the Central Line. Additionally, the area boasts access to highly regarded schools and an array of independent shops, cafés, and pubs—contributing to its appeal as an attractive neighborhood for families. Overall, this property presents not only a comfortable family home but also an excellent investment opportunity in a sought-after community ripe for modernization.

Investment Analysis

(E11 area)

Above Market Value

This property is priced +38.3% above area average per sq ft

+38.3%
This Property
£883/sq ft
Area Average
£639/sq ft
Avg Rent (weekly)
£422
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£656,046
10% above area average per sq ft
Potential ROI
-25.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (E11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 3.8%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on E11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Elmcroft Avenue, Wanstead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,022
Based on a loan of £618,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE