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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 17/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
756 sqft

Description

This two-bedroom semi-detached house presents an exciting opportunity for those looking to invest in a property with renovation potential. Featuring off-street parking, the home consists of an entrance hall, a spacious living room, and a kitchen/diner tailored for future enhancements. Upstairs, you will find two generous double bedrooms alongside a family bathroom. The rear garden is particularly expansive and includes side access, offering possibilities for outdoor improvements or extensions, pending planning permission. Properties like this in the area are infrequent on the market, making early viewings advisable for interested buyers eager to blend space with convenience.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£595/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£614
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£433,264
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (IG7)

Area prices are falling by +5.7% over the last 12 months
3 year growth: -10.5%
5 year growth: -7.8%
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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