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The Avenue, London, E11

London

£2,400,000
Listed on 16/09/2025

Property Details

Bedrooms
5
Type
Detached
Area
3192 sqft

Description

This substantial detached family home stands out on a desirable road in Wanstead, presenting an exciting opportunity for renovation and investment. With over 3,000 sq ft of living space, the property offers a unique combination of classical charm and modern functionality. The grand entrance hall welcomes you with solid oak features and polished doors that reflect the home's elegant period character. The expansive kitchen-dining area flows seamlessly into the south-facing garden, facilitating a great indoor-outdoor lifestyle. Two well-proportioned reception rooms provide versatile spaces for relaxation and entertainment, while a home office adds practicality for remote working. Upstairs, five spacious bedrooms include three with en suite facilities, plus a luxurious family bathroom ensuring ample comfort. Notably, planning permission is already in place for a loft conversion with front dormers and roof lights—ideal for those wishing to expand their living space further. The beautifully landscaped garden features a mix of patio areas and manicured lawns surrounded by mature shrubs and secure hardwood fencing—perfect for hosting gatherings. Located within close proximity to local amenities, parks, and excellent schools as well as convenient transport links to the city, this property not only offers immediate comfort but also holds significant potential for value enhancement through thoughtful renovations.

Investment Analysis

(E11 area)

Above Market Value

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

+16.7%
This Property
£752/sq ft
Area Average
£644/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£2,262,442
10% above area average per sq ft
Potential ROI
-10.2%
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

The Avenue, London, E11
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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
£8,656
Based on a loan of £1,800,000 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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