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Richmond Avenue, Highams Park

London

£675,000
Listed on 08/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1351 sqft

Description

This spacious three-bedroom residence is located on a tranquil street in Highams Park and presents significant renovation and investment opportunities. The property features a driveway, garden, and an outbuilding, making it an attractive option for homeowners looking for versatility. The living area offers flexible spaces, starting with a cozy front lounge that flows into a kitchen/dining area at the rear, creating an inviting atmosphere for family gatherings. A bright conservatory extends seamlessly to the garden, enhancing the indoor-outdoor connection and providing potential for further enhancement or redesign. The expansive rear garden serves as a blank canvas—ideal for family playtime, summer festivities, or even future extensions—while the detached outbuilding currently functions as a gym but could easily be transformed into an office or studio space. Upstairs, there are three well-sized bedrooms and a family bathroom arranged around a central landing. Considering its layout, this home is ripe for reconfiguration or expansion; both loft conversion and rear extension options (subject to planning permission) are viable routes to increase functionality and value in this desirable neighborhood. Conveniently situated near Highams Park Overground station, residents can enjoy direct access to central London via the Chingford line. The area boasts a village-like charm with its independent shops, cafes, and proximity to green spaces like Highams Park Lake and Epping Forest. Excellent local schools further contribute to its appeal. This property not only provides comfort but also offers immense potential for those looking to invest in East London's thriving real estate market.

Investment Analysis

(E4 area)

Below Market Value

This property is priced -6.9% below area average per sq ft

-6.9%
Potential saving
This Property
£500/sq ft
Area Average
£537/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£797,813
10% above area average per sq ft
Potential ROI
+10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +7.8%
5 year growth: +20.6%
Investment Disclaimer: Analysis based on E4 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

Richmond Avenue, Highams Park
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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
£2,434
Based on a loan of £506,250 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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