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Buckingham Road, Wanstead

London

£1,600,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
House
Area
1125 sqft

Description

This semi-detached property from the 1930s presents a unique investment opportunity, featuring an expansive side plot that holds separate title and has approved planning permission for a five-bedroom detached home. Located in the highly desirable Counties Estate of Wanstead, this residence benefits from its proximity to excellent transport links, with Wanstead Station just half a mile away, providing swift access to Central London. Moreover, it is within walking distance of well-regarded primary schools, making it an attractive prospect for families. The existing three-bedroom layout offers significant potential for modernization and extension. With ample space to enhance the living area by extending to the rear or converting the loft (subject to standard consents), this property could be transformed into a spacious family home while retaining picturesque views over open fields at the back. Internally, the house retains features typical of its era, including two spacious reception areas on the ground floor along with a kitchen and a convenient W.C. The first floor houses three good-sized bedrooms and a bathroom—the perfect foundation for refurbishment. The generous side plot currently provides parking and garden space but could be utilized further under existing planning permissions that outline a new build with additional bedrooms and modern amenities. This opportunity allows both renovation of the current dwelling and development of an entirely new home, catering to various investment strategies.

Investment Analysis

(E11 area)

Above Market Value

This property is priced +120.7% above area average per sq ft

+120.7%
This Property
£1,422/sq ft
Area Average
£644/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£797,383
10% above area average per sq ft
Potential ROI
-52.8%
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
36%
Properties sold annually

Local Market Trend (E11)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +0.7%
5 year growth: +9.9%
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

Buckingham Road, 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
£5,771
Based on a loan of £1,200,000 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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