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Karina Close, Chigwell, IG7

London

£500,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
743 sqft

Description

This three-bedroom semi-detached house in Chigwell presents a solid foundation for renovation and investment opportunities. While currently maintained in good condition, the layout comprising a reception room, kitchen, and bathroom allows for potential reconfiguration or extension, subject to obtaining the necessary planning permissions. This flexibility makes it particularly appealing to first-time buyers and investors alike. The property benefits from easy access to green spaces and local parks, enhancing its desirability for families seeking recreational activities nearby. Educational facilities are also within convenient reach, which is an attractive feature for households with children. Transport links via Chigwell and Grange Hill Underground stations on the Central Line facilitate quick commutes to central London, with Liverpool Street accessible in approximately 30-35 minutes. Additionally, local amenities found on Chigwell's high street and neighboring areas provide essential services for day-to-day living. With off-street parking available and straightforward road connections to major routes like the A406 and M11, this property offers both convenience and potential growth.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +29.6% above area average per sq ft

+29.6%
This Property
£673/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£609
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£424,546
10% above area average per sq ft
Potential ROI
-22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (IG7)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.7%
5 year growth: -2.3%
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

Karina Close, Chigwell, IG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-4.8% since listed
£500,000£25,000(-4.8%)
12/03/2026
Current price
£525,000Initial listing
06/02/2026

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