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Fletcher Road, CHIGWELL, Essex, IG7 - Image 1
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Fletcher Road, CHIGWELL, Essex, IG7

London

£450,000
Listed on 25/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
756 sqft

Description

This two-bedroom semi-detached house presents an intriguing opportunity for those looking to invest in a property with renovation potential. Although it features off-street parking and a spacious rear garden with side access, the home is classified as non-standard construction, which can impact lending but also opens up possibilities for creative enhancements. The layout includes an entrance hall leading into a living room and kitchen/diner on the ground floor, while the first floor accommodates two double bedrooms along with a family bathroom. With the potential for extensions subject to planning permission, there is ample scope to maximise both living space and property value. Properties of this type are uncommon in the area, so early viewing is recommended for discerning buyers keen to explore its full potential.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +15.8% above area average per sq ft

+15.8%
This Property
£595/sq ft
Area Average
£514/sq ft
Avg Rent (weekly)
£578
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£427,567
10% above area average per sq ft
Potential ROI
-13.6%
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

Fletcher Road, CHIGWELL, Essex, 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
£1,648
Based on a loan of £337,500 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