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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 spacious detached home offers four bedrooms and sits on an expansive 0.26-acre lot, providing ample outdoor space for various possibilities. The standout feature of the property is its generous 80' x 70' landscaped rear garden, which includes a well-designed porcelain patio and an elevated deck complete with a fire pit—an ideal setting for outdoor gatherings. Additionally, there is a stylish garden bar that enhances the entertainment potential of this outdoor oasis. The property also features a versatile one-bedroom annexe, which has the potential to be reconfigured into a second bedroom if desired. This self-contained unit includes its own kitchen and bathroom, making it suitable for guest accommodations or even rental income. Practical amenities include a double carport along with plenty of off-street parking options and the possibility of establishing a gated entrance for added privacy. While the home has been refurbished to a high standard—including a contemporary kitchen featuring quartz worktops and integrated appliances—there remains significant opportunity for further renovation or expansion to tailor the space to individual preferences (subject to planning permissions). With two bathrooms available—one conveniently located on the ground floor—the property also benefits from double glazing and gas central heating, ensuring comfort throughout. This unique combination of features not only provides delightful living conditions but also presents compelling investment potential in an increasingly desirable area.

Investment Analysis

(EN9 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£470/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£368
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£95,000 - £237,500
10-25% of property value
Target Value
£986,809
10% above area average per sq ft
Potential ROI
-16.9%
After renovation
Monthly Sales
21
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (EN9)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 7.3%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on EN9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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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