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Meriden Close, Barkingside

London

£490,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
829 sqft

Description

This two-bedroom semi-detached bungalow, situated in a tranquil cul-de-sac, presents an excellent opportunity for renovation and investment. While the property is currently in good decorative condition, there is significant potential for development through rear extensions or a loft conversion, subject to obtaining the necessary planning permissions. This can substantially enhance both the living space and value of the home. The location is well-serviced by local amenities and is conveniently close to Fairlop Central Line Station, providing quick access to central London. The property features a driveway accommodating two vehicles and includes a lean-to structure providing additional utility. With a well-maintained garden and a conservatory extension already in place, this bungalow is poised for transformation into an even more spacious family home. A viewing is strongly recommended to fully appreciate its possibilities.

Investment Analysis

(IG6 area)

Above Market Value

This property is priced +22.3% above area average per sq ft

+22.3%
This Property
£591/sq ft
Area Average
£483/sq ft
Avg Rent (weekly)
£473
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£440,676
10% above area average per sq ft
Potential ROI
-19.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (IG6)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +3.2%
5 year growth: +9.3%
Investment Disclaimer: Analysis based on IG6 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

Meriden Close, Barkingside
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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
£1,767
Based on a loan of £367,500 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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