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Dickens Rise, Chigwell, Essex, IG7

London

£1,050,000
Listed on 15/02/2026

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2129 sqft

Description

This spacious five-bedroom semi-detached home is situated in the appealing area of Chigwell, offering significant potential for renovation and investment. The property has seen extensions to its side, rear, and upper floors, creating a generous living space of approximately 2128.7 sq ft. While the interior features high-quality finishes such as parquet flooring and an expansive open-plan kitchen with integrated appliances, there may be opportunities for updates to enhance value further. The integral garage could be converted (subject to planning permission), potentially increasing the living area or functionality. With the focus on family living, the location is enhanced by its proximity to transport links, local shops, and reputable schools. The first floor includes four well-sized bedrooms and a family bathroom that might benefit from modernisation. The second floor introduces a private en suite bedroom that can serve well as guest accommodation or a teenager’s suite. Outside, the south-east facing garden features a paved patio and an additional brick-built workshop/game room that provides utility and could be revitalised for personal use or rental appeal. This property stands as a solid investment opportunity with the right vision for refurbishment.

Investment Analysis

(IG7 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£493/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£618
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,220,013
10% above area average per sq ft
Potential ROI
+7.0%
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

Dickens Rise, Chigwell, Essex, 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
£3,787
Based on a loan of £787,500 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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