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Baywood Square, Chigwell, London, IG7

London

£390,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
897 sqft

Description

This three-bedroom terraced home in Chigwell presents a promising opportunity for investors or families looking to create their dream space. While the property has been well-maintained by its current owners, a moderate level of modernization would significantly enhance its appeal and functionality. The spacious layout includes a kitchen/diner, a separate sitting room, and generous bedrooms that are ready for a makeover according to your personal style. The rear garden, over 35ft, is primarily lawned with room for improvement, offering potential as an outdoor retreat. With the right renovations, this property could transform into a modern family home in a sought-after location. Don't miss out on the chance to unlock its full potential.

Investment Analysis

(IG7 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£435/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£618
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£514,021
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IG7)

Area prices are falling by -7.5% over the last 12 months
3 year growth: -13.1%
5 year growth: -8.1%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,407
Based on a loan of £292,500 over 30 years at 4.06% 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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