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Parkland Close, Chigwell, IG7

London

£2,200,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2877 sqft

Description

Located in the desirable Parkland Close within the sought-after Courtland Estate in Chigwell, this five-bedroom detached family home presents a significant opportunity for renovation and enhancement. Spanning approximately 2,877 sq ft across two levels, the property offers substantial living space suitable for contemporary family needs while possessing ample potential for further extension, pending planning approvals. The home welcomes you with a spacious entrance hallway leading to diverse living areas including a lounge featuring a gas fireplace, a formal dining room, and an additional TV room. The standout feature is the expansive open-plan kitchen/dining/family area that is brightened by skylights and bi-folding doors opening onto the private rear garden—this layout is ideal for both daily life and entertaining guests. A utility room adds convenience off the kitchen area. Ascending to the first floor, you’ll find a generous landing with picturesque views. The principal bedroom comes equipped with fitted furniture and its own four-piece en suite bathroom, along with four more bedrooms—some with fitted wardrobes—including one currently serving as an office, complemented by a three-piece family bathroom. The external space features a large and tranquil rear garden measuring around 119 feet by 62 feet, perfect for outdoor activities or future landscaping projects. The property also provides ample off-street parking alongside a substantial garage. The location enhances this offering; with Brook Parade just moments away, residents can enjoy boutique shops, cafes, and restaurants like the popular King William. Excellent transport connections via Chigwell Central Line station ensure easy commutes into London’s City and West End. The area boasts abundant leisure spaces such as Chigwell Golf Club and David Lloyd Health Club, plus an excellent selection of reputable local schools—making this property an attractive choice for families looking to invest in their future.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +46.8% above area average per sq ft

+46.8%
This Property
£765/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£618
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,648,650
10% above area average per sq ft
Potential ROI
-28.0%
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

Parkland Close, Chigwell, 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
£7,935
Based on a loan of £1,650,000 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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