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Grove Park, Wanstead

London

£2,050,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2752 sqft

Description

Situated in the desirable area of central Wanstead, this detached residence is conveniently located just 0.2 miles from the bustling High Street. Set back from the road, the property features a generous private driveway and an appealing L-shaped design surrounded by mature landscaping that embodies the area's green, tranquil atmosphere. The entrance welcomes you with an expansive hallway and a galleried landing, providing a sense of openness that invites exploration. On the ground floor, two spacious reception rooms can be found; the front room boasts a charming bay window, while the rear reception offers direct access to the garden through patio doors, allowing for seamless indoor-outdoor living. Both spaces are enhanced by a feature fireplace and side windows that add character and warmth. This level also includes a principal bedroom suite with built-in wardrobes and an adjoining dressing room, complemented by a sizeable en-suite bathroom equipped with both a bath and separate shower. Additional conveniences on this floor comprise a guest cloakroom, study area, and a well-appointed kitchen/breakfast room with a separate utility space and pantry for extra storage. Moving to the first floor, you'll find two further double bedrooms serviced by a large family bathroom. One of these bedrooms includes its own dressing room, while the other offers practical eaves storage—making this upper level versatile for various needs. The private rear garden is another notable feature of this home, providing a serene outdoor retreat complete with established trees, hedges, and ample patio space for relaxation or entertaining. While the property may require some modernisation to suit contemporary tastes, it holds significant potential for expansion or redesign—subject to obtaining necessary planning permissions. This residence represents an exceptional investment opportunity in one of Wanstead's most esteemed neighborhoods. With its ideal location near local amenities and excellent transport links combined with renovation possibilities, it allows future homeowners to create their dream living space amidst tranquility and prestige.

Investment Analysis

(E11 area)

Above Market Value

This property is priced +16.7% above area average per sq ft

+16.7%
This Property
£745/sq ft
Area Average
£639/sq ft
Avg Rent (weekly)
£422
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,933,019
10% above area average per sq ft
Potential ROI
-10.1%
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

Grove Park, 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
£7,510
Based on a loan of £1,537,500 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