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Sorry mate, shit news. A mate of mine lives on that road and they've done the extension/loft pretty much exactly like that and it's a spacious family home that they can happily stay in for years. The overlooked gardens are pretty shit though so at least you've missed that (silver linings blah blah).
It's tricky round there though because those roads are pretty sort after these days and they don't have loads flooding onto the market, Wanstead has always been pricey but there you're easy walking to two central line stations , high street, nursery/schools etc and The Duke pub on your doorstep. Perfect commuting spot city boy money wankers as well (partially sorry if you work in the city).
Latest news from the over-heated East London property market. Our current process seems stuck, so looking at other options. Bid £1m on a £950k terraced house in Wanstead (plus we are chain free). Got a voicemail from the EA saying that we had lost as our offer was 'blown out of the water'. Lolz.