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Crossbow Road, Chigwell, IG7

London

£500,000
Listed on 25/01/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1257 sqft

Description

This four-bedroom mid-terrace house presents a unique opportunity for those looking to invest in a property with significant potential for further development. Located in a desirable part of London, this home has already been enhanced with a loft conversion and rear extension, making it suitable for modern family living. The spacious layout features four well-sized bedrooms, providing flexibility for families or those requiring additional workspace or guest accommodation. The property includes off-street parking, adding to its convenience. The interiors are bright and airy, highlighted by a contemporary kitchen that facilitates both daily meals and entertaining guests. The adjoining living areas offer adaptability for various uses, from relaxation to social gatherings. Proximity to reputable schools makes this property particularly appealing to families. Local amenities, including shops and cafes, are easily accessible on foot, ensuring that everyday necessities are just moments away. Nature enthusiasts will appreciate the nearby Hainault Forest for outdoor activities and leisure pursuits. Furthermore, there’s exciting potential for additional extensions (subject to local planning permissions), allowing future owners to customize the space according to their needs. This property combines an excellent location with ample space and the opportunity for enhancements, making it an ideal choice for those seeking a long-term investment or family home.

Investment Analysis

(IG7 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£398/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£618
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£720,318
10% above area average per sq ft
Potential ROI
+31.0%
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

Crossbow Road, 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
£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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