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Monkchester Close, Loughton, IG10

London

£535,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1076 sqft

Description

Situated in a sought-after area known for its family-oriented schools, this spacious three-bedroom home offers ample opportunity for renovation and personal customization. The property is located near the serene Epping Forest and within walking distance to local shops, enhancing both convenience and lifestyle appeal. This residence features three generously-sized double bedrooms, providing comfortable living space for families or potential renters. The 19-foot kitchen is equipped with wall and base units, allowing room for modern updates or reconfiguration to create an inviting dining area. Adjacent to the kitchen, the 17-foot lounge boasts natural light through a rear-facing window, creating a warm and inviting atmosphere. Outdoors, the south-facing rear garden extends 46 feet, presenting excellent potential for landscaping or even an extension (subject to planning permissions). A paved front drive offers off-street parking alongside a 16-foot garage that could be converted into additional living space, further increasing the property's value. The interiors include essential spaces such as a well-lit lobby leading to the garden and practical features like an airing cupboard on the landing. Each bedroom benefits from fitted carpets and sufficient natural light, while the bathroom features a bath with an overhead shower, complemented by a separate WC. Given its size, location within top schooling catchments, and potential for modernization or expansion, this property is an appealing prospect for investors looking to add value through renovations or families wishing to create their ideal home.

Investment Analysis

(IG10 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£497/sq ft
Area Average
£563/sq ft
Avg Rent (weekly)
£444
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£666,012
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (IG10)

Area prices are rising by +7.1% over the last 12 months
3 year growth: 4.6%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on IG10 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

Monkchester Close, Loughton, IG10
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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
£1,960
Based on a loan of £401,250 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