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Fairview Road, Chigwell, IG7 - Image 1
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Fairview Road, Chigwell, IG7

London

£800,000
Listed on 03/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1424 sqft

Description

This appealing four-bedroom detached family residence is situated in a sought-after area of Chigwell. The home presents an excellent opportunity for renovation, ideal for those looking to invest and personalize their living space. The ground floor features a welcoming entrance hallway leading to a spacious through lounge, complemented by a dedicated dining area that opens directly onto a well-maintained private garden. The fully fitted kitchen includes a separate utility room with garden access and a handy guest WC. On the first floor, you will find four generously-sized bedrooms, alongside a family bathroom equipped with standard amenities, plus an ensuite in the main bedroom for added convenience. While the property is in decent overall condition, it offers considerable potential for extension (subject to planning permission), making it suitable for families or investors looking to maximize its value. Additional benefits include a separate garage and driveway parking. Located in a peaceful cul-de-sac yet close to Grange Hill Central Line station, local shops, schools, and green spaces like Hainault Forest—this property truly has much to offer.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£562/sq ft
Area Average
£514/sq ft
Avg Rent (weekly)
£578
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£805,365
10% above area average per sq ft
Potential ROI
-5.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IG7)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -10.7%
5 year growth: -8.6%
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

Fairview Road, Chigwell, IG7
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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
£2,931
Based on a loan of £600,000 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