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Norton Close, LONDON

London

£400,000
Listed on 29/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
871 sqft

Description

Nestled on a tranquil private road just off Chingford High Street, this three-bedroom semi-detached home offers a compelling opportunity for those interested in renovation or investment. The property is chain-free, presenting a seamless path to ownership and the potential for immediate transformation. The layout features spacious living areas that lend themselves well to reconfiguration, allowing for modern updates to create a comfortable family residence or stylish retreat. Its traditional build provides solid foundations, opening up possibilities for redesign, refurbishment, or even expansion with the appropriate planning permissions. This aspect makes it particularly appealing for first-time buyers eager to leave their mark, families looking for a long-term project, or investors aiming to add value through thoughtful updates. One of the property's notable strengths lies in its location. Situated moments away from the bustling Chingford High Street, residents will enjoy easy access to a diverse selection of shops, cafés, and restaurants that cater to everyday needs. Commuters benefit from the proximity to Chingford Station, which offers direct services into London Liverpool Street. Convenient bus routes and access to major roadways like the A406 and M25 enhance connectivity for those traveling further afield. Families will find an excellent array of local schools and plenty of nearby green spaces, including Epping Forest and Ridgeway Park—ideal for leisure activities such as walking and cycling. Overall, this home on Norton Close presents an exciting canvas in one of Chingford's sought-after locations. With dedication and vision, it has the potential to evolve into a beautiful residence customized to fit your lifestyle needs while also serving as a sound investment opportunity.

Investment Analysis

(E4 area)

Below Market Value

This property is priced -14.3% below area average per sq ft

-14.3%
Potential saving
This Property
£459/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£513,398
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 6.6%
5 year growth: 19.3%
Investment Disclaimer: Analysis based on E4 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

Norton Close, LONDON
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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
£1,465
Based on a loan of £300,000 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