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Manor Road, Chigwell, Essex, IG7

London

£1,495,000
Listed on 15/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1984 sqft

Description

This detached property, set within a generous plot of approximately 0.16 acres in a sought-after Chigwell location, presents significant renovation and investment potential. With a spacious footprint of over 1983 square feet, this home features four double bedrooms, two defined reception rooms, and an ample kitchen, along with a garage. The current layout offers a solid foundation to modernise or extend the living spaces, subject to necessary planning permissions. Upon entering, you are welcomed by a broad hallway leading to various areas of the home. The front-facing living room boasts a large bay window and measures 14' x 13', while the lounge/dining area is another sizable space, measuring 13' x 16'11'', featuring direct access to the rear garden. The fitted kitchen measures 16'3'' x 9'7'' and includes integrated appliances such as a gas hob and oven—a great candidate for an update that reflects modern-day styles and conveniences. The garage is currently used as a utility room but can also be reimagined for different purposes. On the first floor are three generously sized double bedrooms, one complete with an en-suite bathroom, alongside a family bathroom that could benefit from modern fixtures. The second floor features an additional spacious double bedroom with views over the rear garden. Externally, the sizeable rear garden includes a patio area and well-maintained lawn bordered by a brick wall—ideal for outdoor enhancements or landscaping projects. The expansive front garden provides excellent parking capacity. This property’s prime location near local amenities and transport links enhances its appeal for future updates or extensions.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +44.7% above area average per sq ft

+44.7%
This Property
£754/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£595
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,136,594
10% above area average per sq ft
Potential ROI
-28.7%
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
19%
Properties sold annually

Local Market Trend (IG7)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -10.8%
5 year growth: -7.9%
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

Manor 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
£5,392
Based on a loan of £1,121,250 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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