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Tomswood Road, Chigwell, Essex, IG7 - Image 1
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Tomswood Road, Chigwell, Essex, IG7

London

£1,750,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2868 sqft

Description

This impressive detached residence is situated on a generous plot in one of Chigwell's sought-after locations. While the property is currently in move-in condition, it presents significant opportunities for renovation and expansion. The gated entrance leads to an expansive driveway offering ample parking alongside a double garage, making it ideal for families or those with multiple vehicles. There is notable potential to extend the home either laterally, due to the spacious side yard, or vertically into the loft area. Additionally, plans could be developed to expand at the rear, subject to the standard planning permissions. Internally, the layout includes an inviting entrance hallway that flows into a spacious principal lounge and a second reception room, complemented by a modern kitchen and utility area. The ground floor also features a convenient downstairs WC. Upstairs boasts five well-proportioned bedrooms along with two bathrooms; the master suite enjoys an en-suite bathroom and walk-in wardrobe. The exterior space offers a lovely garden designed for entertaining and relaxation, including distinct areas that seamlessly connect and include a swimming pool. With easy access to Chigwell Central Line Station for swift travel into London, alongside local amenities such as shops at Brook Parade and leisure facilities including David Lloyd Centre and Chigwell Golf Club, this property represents not only a comfortable family home but also an excellent investment opportunity for further enhancements in a desirable neighborhood.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +17.1% above area average per sq ft

+17.1%
This Property
£610/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£618
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,643,493
10% above area average per sq ft
Potential ROI
-12.1%
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

Tomswood Road, 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
£6,312
Based on a loan of £1,312,500 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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