Bright two-bed duplex with private garage near Wanstead village and Central Line.
Long lease approx. 950 years, very low ground rent
Set over two floors in a low-rise 1970s block, this split-level two-bedroom apartment offers just under 800 sq ft of living space, a rare private garage and access to communal gardens. The 950-year lease and low ground rent are strong ownership positives, and Snaresbrook and Wanstead stations are within easy reach for Central Line access to central London.
The flat is bright, with corner aspect glazing and a bay window bringing good natural light to the living room and top-floor bedrooms. Both bedrooms are double size with fitted wardrobes, and the layout offers potential to create a larger open-plan kitchen/living area by knocking through the compact kitchen.
Practical considerations: heating is via electric storage radiators, the EPC rating is F, and the building has cavity walls assumed without added insulation. The kitchen is dated (1970s units) and shows signs of damp/mould and worn surfaces, so refurbishment is required. Service charge and ground rent are modest (approx. £1,791.14 p.a. service charge; £44 p.a. ground rent).
This property will suit buyers seeking a roomy Wanstead apartment to update, a long-lease purchase with secure parking, or investors targeting popular East London village rental demand. Note the local crime level is recorded as high; buyers should consider security and insurance implications alongside the area's strong schooling and transport links.