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Waltham Road, Woodford Green, IG8

London

£500,000
Listed on 04/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
850 sqft

Description

This three-bedroom house in Woodford Bridge presents an excellent opportunity for those looking to create their ideal living space. The property is situated in a desirable area with strong potential for expansion, contingent upon obtaining the necessary planning permissions. Upon entry, you'll notice the layout that includes two reception rooms and a kitchen that opens up to the rear garden, which boasts enough space for a rear extension. The first floor features three bedrooms as well as a conveniently located bathroom, with further possibilities to convert the loft into additional living space, as demonstrated by some neighbouring properties. The generous garden extends approximately 65 feet and is equipped with a patio area leading onto a lawn adorned with flower and shrub beds, providing ample outdoor space for family activities or gardening enthusiasts. In addition to its structural potential, this home is located near several reputable schools including Roding Primary School and West Hatch High School, both of which have received commendable ratings from Ofsted. Daily conveniences like shops and supermarkets are within easy reach, while Chigwell and Woodford Central Line stations are less than a mile away, offering straightforward access to Central London. For recreational opportunities, parks such as Ashton Playing Fields and Claybury Park are also nearby, making this area attractive for families seeking community and green spaces.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +7.6% above area average per sq ft

+7.6%
This Property
£588/sq ft
Area Average
£547/sq ft
Avg Rent (weekly)
£503
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£511,305
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +8.8% over the last 12 months
3 year growth: +7.7%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on IG8 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

Waltham Road, Woodford Green, IG8
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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
£1,803
Based on a loan of £375,000 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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