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Western Road, Nazeing

London

£950,000
Listed on 07/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2023 sqft

Description

Nestled along a private road, this detached home features four well-sized bedrooms, set on an expansive 0.26-acre lot that presents significant renovation and investment opportunities. The outdoor space is particularly noteworthy, with an impressive landscaped garden measuring approximately 80' x 70'. This area includes a porcelain-paved patio, an elevated deck complete with a fire pit, and a stylish garden bar, making it ideal for both relaxation and entertaining. The property also boasts a versatile one-bedroom annexe that has the potential to be converted into a two-bedroom unit. This separate living space includes its own kitchen and bathroom, offering added flexibility for guests or as a rental opportunity. Additional practical features include a double carport and ample off-street parking, with the option to install a gated entrance for enhanced privacy and security. While the home has been refurbished to high standards—featuring a modern kitchen equipped with quartz countertops and integrated appliances—there remains room for further expansion or customization (subject to local planning permissions). This property not only offers comfortable living spaces with two bathrooms but also benefits from double glazing and gas central heating throughout. Its tranquil surroundings combined with proximity to local amenities make it an appealing choice for those looking to invest in both lifestyle and future value.

Investment Analysis

(EN9 area)

Above Market Value

This property is priced +6.0% above area average per sq ft

+6.0%
This Property
£470/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£356
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£985,919
10% above area average per sq ft
Potential ROI
-3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN9)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 5.5%
5 year growth: 11.4%
Investment Disclaimer: Analysis based on EN9 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

Western Road, Nazeing
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,480
Based on a loan of £712,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE