Worst House on the Street Logo
Baywood Square, Chigwell, London, IG7 - Image 1
Baywood Square, Chigwell, London, IG7 - Image 2
Baywood Square, Chigwell, London, IG7 - Image 3
Baywood Square, Chigwell, London, IG7 - Image 4
Baywood Square, Chigwell, London, IG7 - Image 5
Baywood Square, Chigwell, London, IG7 - Image 6
Baywood Square, Chigwell, London, IG7 - Image 7
Baywood Square, Chigwell, London, IG7 - Image 8
Baywood Square, Chigwell, London, IG7 - Image 9
Baywood Square, Chigwell, London, IG7 - Image 10
Baywood Square, Chigwell, London, IG7 - Image 11

Baywood Square, Chigwell, London, IG7

London

£400,000
Listed on 28/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
897 sqft

Description

This three-bedroom terraced property in Chigwell presents a unique opportunity for renovation and investment. While the home has been well-maintained by its current owners, a touch of modernization could significantly enhance its appeal and value. The layout includes three spacious bedrooms, providing ample space for a family or potential renters. The kitchen, which opens into a dining area, features a practical arrangement with existing eye-level and base units, yet offers plenty of room for upgrades to create a more contemporary living space. The adjoining lounge is equipped with large windows that invite natural light, making it a comfortable place to relax. Outside, the generous rear garden spans over 35 feet, primarily laid to lawn and complemented by a paved seating area. This outdoor space not only serves as an excellent spot for family gatherings but also holds potential for landscaping projects that could increase curb appeal as well as property value. Additionally, there is brick-built storage and a rear access gate, further enhancing the functionality of this outdoor area. The first floor includes well-sized bedrooms and a bathroom that would benefit from modern fixtures and design updates. The presence of built-in storage in the main bedroom adds convenience while still allowing flexibility for interior design alterations. Located in Chigwell, this property benefits from proximity to local amenities and transport links, making it attractive for both families looking for their next home and investors seeking rental opportunities. With thoughtful renovations, this property has the potential to transform into a desirable residence or investment asset in an increasingly sought-after area.

Investment Analysis

(IG7 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£446/sq ft
Area Average
£514/sq ft
Avg Rent (weekly)
£578
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£507,312
10% above area average per sq ft
Potential ROI
+19.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IG7)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -10.7%
5 year growth: -8.6%
Investment Disclaimer: Analysis based on IG7 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

Baywood Square, Chigwell, London, IG7
Loading map...

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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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