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Grove Park, Wanstead

London

£2,050,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2752 sqft

Description

Located in the desirable area of Wanstead, this distinguished detached home is just a short stroll from the lively High Street. Set on Grove Park, one of the most prestigious addresses in the region, this property boasts an attractive L-shaped design surrounded by lush greenery, exemplifying the area's peaceful charm. Upon entry, you are greeted by a spacious hallway leading to two expansive reception rooms. The front room features an elegant bay window while the rear room offers direct access to a scenic garden through patio doors. This inviting space is enhanced by a charming fireplace and twin side windows that provide both warmth and character. On the ground floor, there is also a generous principal bedroom suite with fitted wardrobes, a dedicated dressing area, and an en-suite bathroom with both bath and shower facilities. Additional conveniences include a guest cloakroom, study, and an expansive kitchen/breakfast room alongside a utility area and pantry for ample storage. The first floor contains two further double bedrooms sharing a sizeable family bathroom; one bedroom includes its own dressing room while the other benefits from considerable eaves storage, enhancing practicality within the home. The property sits on a well-screened plot with a beautifully private rear garden that features mature trees and shrubs, providing a peaceful retreat complete with lawn, patio area, and garden shed. While this residence presents an appealing base to enjoy as-is, it requires modernisation throughout to reach its full potential. Furthermore, there are excellent opportunities for extensions or redesigns based on planning permissions. This is your chance to tailor this iconic Wanstead home into your dream living space while enjoying nearby amenities and strong transport links.

Investment Analysis

(E11 area)

Above Market Value

This property is priced +16.4% above area average per sq ft

+16.4%
This Property
£745/sq ft
Area Average
£640/sq ft
Avg Rent (weekly)
£414
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£1,937,559
10% above area average per sq ft
Potential ROI
-9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (E11)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +1.5%
5 year growth: +9.1%
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

Grove Park, Wanstead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£7,394
Based on a loan of £1,537,500 over 30 years at 4.06% 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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