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Tomswood Road, Chigwell, Essex, IG7 - Image 1
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Tomswood Road, Chigwell, Essex, IG7

London

£1,250,000
Listed on 19/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2173 sqft

Description

This gated, detached family home presents a compelling opportunity for those looking to invest in a property with significant potential for reconfiguration and expansion, subject to obtaining the necessary planning approvals. Ideally situated in a desirable area renowned for its excellent schools and easy access to local amenities, the residence features a versatile layout spread across two floors, perfectly suited for modern family living.<br><br>Upon entry through a welcoming porch, you are greeted by a spacious hallway leading to an expansive principal lounge that boasts character features such as a fireplace and dual aspect windows, along with sliding doors that seamlessly connect to the rear garden. A secondary family room enhances the accommodation options, also providing access to outdoor spaces for casual gatherings or family time.<br><br>The ground floor additionally includes a flexible office space that could serve as a fifth bedroom, alongside another double bedroom and a well-equipped kitchen complete with integrated appliances. The fully tiled family bathroom is fitted with both bath and shower facilities.<br><br>Upstairs, the principal bedroom is generously proportioned and comes with fitted wardrobes and an en-suite shower room. Two more double bedrooms overlook the tranquil rear garden, supplemented by another bathroom and separate WC. There is promising potential here for extending into the loft or expanding the first floor itself, which could notably enhance both livable space and property value.<br><br>The exterior of the home further amplifies its appeal; the low-maintenance rear garden is designed with practicality in mind, featuring paved areas and artificial lawn along with an outbuilding equipped with power and plumbing—ideal for various uses like an office or gym. The front of the property offers ample parking via an expansive block-paved driveway set behind electric gates, contributing to security and privacy while also enhancing curb appeal.<br><br>This unique residence not only offers immediate comfort but also positions itself as an investment with future enhancement possibilities in one of London's most sought-after residential locales.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +10.4% above area average per sq ft

+10.4%
This Property
£575/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£618
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,245,227
10% above area average per sq ft
Potential ROI
-6.4%
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

Tomswood 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
£4,508
Based on a loan of £937,500 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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