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New Road, Chingford

London

£500,000
Listed on 04/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1080 sqft

Description

This 1920s three-bedroom house presents a great canvas for those looking to invest in a property with substantial renovation potential. With no onward chain, buyers have the unique opportunity to redefine and modernize this home according to their own vision. The spacious layout features two reception rooms that boast natural light, along with a kitchen positioned to facilitate easy movement between spaces. Upstairs, the three bedrooms serve as flexible areas ready for your adaptive touch, whether you envision peaceful retreats or functional workspaces. The expansive south-facing garden, measuring approximately 100 feet in length, not only enhances outdoor living but also opens up possibilities for future extensions or landscaping projects. Conveniently located near both Chingford and Walthamstow, this property balances investment potential with accessibility to local amenities and green spaces like Lloyd Park and Epping Forest. Families will find several reputable schools nearby, ensuring educational needs are well catered for. This home is waiting for someone to embrace its charm and transform it into a contemporary haven.

Investment Analysis

(E4 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£463/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£636,590
10% above area average per sq ft
Potential ROI
+15.7%
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

New Road, Chingford
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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
£1,832
Based on a loan of £375,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE