Two-bedroom renovation opportunity near Wanstead station for first-time buyers or investors.
Long lease (944 years) and share of freehold
Chain-free sale ready for immediate purchase
Two bedrooms, separate living room and kitchen (729 sq ft)
Requires full refurbishment—cosmetics and services
Electric storage heating; likely poor EPC and running costs
Cavity walls assumed uninsulated; insulation recommended
Service charge approx. £1,560 per year
About 1.1 miles to Wanstead Central Line; good transport links
A well-located two-bedroom maisonette in Queenswood Gardens offering clear renovation potential and long-term security with a 944-year lease. Set in a mid-20th-century brick block with communal grounds and on-site parking, the flat is chain-free and ready for someone to update to modern standards.
The accommodation includes two bedrooms, a separate living room and kitchen plus one bathroom across a compact 729 sq ft layout — an average-sized home suited to first-time buyers or buy-to-let investors. The building benefits from double glazing installed post-2002, but the property requires a full refurbishment and upgrades to heating and insulation to improve comfort and running costs.
Practical details strengthen the case: share of freehold tenure, reasonable council tax, fast broadband and excellent mobile signal, and direct access to local bus routes, the A12 and Wanstead Central Line station (approx. 1.1 miles). Nearby schools include several highly rated primaries and secondaries, and the mature communal grounds give a suburban feel within an urban area.
Be realistic about costs: the flat currently uses electric storage heaters, cavity walls likely lack insulation, the EPC is indicative of below‑average energy efficiency, and there’s an average crime level and some local deprivation. Service charge is £1,560 pa. For buyers willing to invest in refurbishment, this property offers scope to add value and create a comfortable, modern home or a rental asset.