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Monkhams Lane, Woodford Green, IG8

London

£1,650,000
Listed on 18/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3700 sqft

Description

This five-bedroom detached family home, situated in the sought-after Monkhams Estate, presents an excellent opportunity for renovation and investment. The property features three versatile reception rooms, a bar area ideal for entertaining, and a conservatory that offers picturesque views of the expansive garden, which measures approximately 80 feet in depth. This outdoor space holds significant potential for enhancements or extensions, subject to planning approval. Inside, the property welcomes you with a reception hall leading to practical spaces including a cloakroom and utility room. The front-facing family room is designed for gatherings and flows into the bar area. A spacious kitchen/dining room measuring around 23 feet provides ample room for family meals while offering further opportunities to modernize and personalize. On the first floor, three generously-sized bedrooms each come with their own en-suite facilities, while the principal bedroom boasts dual dressing rooms for maximum storage efficiency. The upper floor adds two more double bedrooms and a separate shower room. Potential alterations could enhance these spaces further to suit modern living needs. For additional convenience, the property includes an electric-gated driveway capable of accommodating several vehicles and a large garage at the rear. A home office located within the garden adds to this home's functionality. With easy access to local schools, green spaces like Knighton Woods and Epping Forest, as well as convenient transport links to major roads (A406, M11, M25), this property is well-positioned for both family life and future value growth through thoughtful renovations.

Investment Analysis

(IG8 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£446/sq ft
Area Average
£547/sq ft
Avg Rent (weekly)
£503
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£2,225,680
10% above area average per sq ft
Potential ROI
+27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +8.8% over the last 12 months
3 year growth: +7.7%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on IG8 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

Monkhams Lane, Woodford Green, IG8
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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
£5,951
Based on a loan of £1,237,500 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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