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Royston Avenue, Chingford

London

£475,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
862 sqft

Description

Located on the quaint Royston Avenue in Chingford, this three-bedroom house presents a promising opportunity for investors or homeowners looking to renovate and create their ideal living space. Covering approximately 862 square feet, the layout includes two generous reception rooms, which could easily be reimagined to enhance functionality and flow. The property features three bedrooms that are well-sized for both families and guests, providing ample accommodation. The single bathroom is currently functional but offers significant potential for updating to your personal preferences and modern standards. A rear garage adds convenience and storage options, while front and rear gardens provide outdoor space that could be revitalized into beautiful landscaped areas or practical gardens. Parking for one vehicle is also available, a valuable asset in this sought-after neighborhood. The location offers easy access to transport links via the A406 and M11, making commuting straightforward. Chingford is known for its welcoming community vibe, local amenities, and green spaces, enhancing the appeal of this property. Although the home is in need of renovation, this situation creates an exciting canvas to express your design vision and improve value over time. Whether you are a first-time buyer with a vision or an investor looking for a project with great upside potential, this property stands out as an opportunity worth considering.

Investment Analysis

(E4 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£551/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£508,093
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 6.6%
5 year growth: 19.3%
Investment Disclaimer: Analysis based on E4 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

Royston Avenue, Chingford
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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
£1,740
Based on a loan of £356,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE