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Selsdon Road, Wanstead

London

£1,250,000
Listed on 25/07/2025

Property Details

Bedrooms
6
Type
Detached house
Area
2918 sqft

Description

This six-bedroom link-detached Victorian residence presents a compelling opportunity for renovation and investment, strategically located on a quiet no-through road. With its proximity of just 0.4 miles to Wanstead Station and the bustling High Street, this property offers excellent connectivity and access to local amenities. Spanning three spacious floors with approximately 2,918 square feet of accommodation, the home features original architectural details that embody Victorian charm. From the elevated position of the property to its intricate brickwork and grand bay windows, the exterior alone hints at its substantial character. While the home requires comprehensive refurbishment, it retains many original elements that can be restored to highlight its historical significance. Inside, generous room sizes and high ceilings create a sense of space throughout. The entrance hallway serves as an impressive introduction with its stained glass front door casting colorful light across the floor. Original fireplaces, sash windows, exposed floorboards, and ornate cornicing throughout contribute to the property's distinct aesthetic appeal. The layout includes two formal reception rooms on the ground floor, alongside a combined kitchen/diner offering access to a sizable basement—a potential feature for additional storage or living space. The first floor hosts a family bathroom and four bedrooms; one previously served as a kitchen, showcasing adaptability in design. The third floor adds two more bedrooms accessible via a tiered landing equipped with a skylight and leads to eaves storage—perfect for creating private retreats or additional living areas. Externally, off-street parking is available along with an expansive rear garden boasting a favorable south/westerly aspect—ideal for outdoor enthusiasts or those looking to create personal green spaces in line with contemporary landscaping trends. For investors or buyers seeking a project imbued with potential for appreciation through thoughtful renovation, this property offers both character and opportunity in a desirable location.

Investment Analysis

(E11 area)

Below Market Value

This property is priced -31.6% below area average per sq ft

-31.6%
Potential saving
This Property
£428/sq ft
Area Average
£627/sq ft
Avg Rent (weekly)
£409
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£125,000 - £312,500
10-25% of property value
Target Value
£2,011,421
10% above area average per sq ft
Potential ROI
+28.7%
After renovation
Monthly Sales
43
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (E11)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 4.2%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on E11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Selsdon Road, Wanstead
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