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Grove Park, Wanstead

London

£2,050,000

Listed on 11/11/2025

Property Details

Bedrooms
3
Type
House
Area
2752 sqft

Description

Located in central Wanstead, just a short distance from the bustling High Street, this distinguished detached residence offers significant renovation and investment potential within one of the area's most desirable addresses. The property benefits from an appealing L-shaped design and is set back from the road, providing a generous private driveway and a well-maintained garden framed by mature landscaping that typifies the area’s charm. Upon entry, one is greeted by a spacious hallway with a galleried landing that conveys an air of sophistication. The ground floor features two large reception rooms; the front room boasts a lovely bay window while the rear reception room opens onto the garden through patio doors, enhancing the connection to the outdoor space. A feature fireplace adds character to these inviting living areas. The principal bedroom suite on this level is impressively sized and includes ample fitted wardrobes, a dressing room, and an en-suite bathroom equipped with both a bath and separate shower. Additional spaces include a guest cloakroom, a study, and a sizable kitchen/breakfast room complete with utility area and pantry. The first floor houses two further double bedrooms along with a family bathroom; one bedroom enjoys its own dressing room while the other has generous eaves storage. The private rear garden is an attractive feature, offering established trees, shrubs, a lawn area, patio space for entertaining, and practical storage with a garden shed. While modernization is required throughout to enhance its appeal fully, this home presents outstanding possibilities for extension or redesign (subject to usual planning consents). This property represents an exceptional opportunity to craft your ideal residence in an enviable location that balances tranquility with excellent access to local amenities and transport.

Investment Analysis

(E11 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£745/sq ft
Area Average
£651/sq ft
Avg Rent (weekly)
£451
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,971,010
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (E11)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +5.0%
5 year growth: +14.8%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£7,314
Based on a loan of £1,537,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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