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Coolgardie Avenue, Chigwell, Essex, IG7 - Image 1
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Coolgardie Avenue, Chigwell, Essex, IG7 - Image 3
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Coolgardie Avenue, Chigwell, Essex, IG7 - Image 5
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Coolgardie Avenue, Chigwell, Essex, IG7

London

£849,995
Listed on 04/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1453 sqft

Description

This semi-detached family home offers a significant opportunity for renovation and expansion, ideally located within the desirable Chigwell Park development. With three spacious double bedrooms and approximately 1,453 sq. ft. of living space, the property presents a solid foundation for modernisation or reconfiguration to maximise its potential. The current layout features welcoming hardwood flooring in the entrance hallway, leading into the kitchen and dining areas, which can be transformed to create an open-plan living space if desired. The lounge area with its bay window and access to the patio boasts great natural light, providing a comfortable area for relaxation or entertaining. The kitchen is equipped with modern appliances, but updating it to fit contemporary aesthetics could significantly enhance the home’s appeal. A rear extension incorporates a breakfast room that connects nicely with the garden—a perfect canvas for further improvement or redesign. Upstairs, all three bedrooms are well-sized doubles with engineered wood flooring that gives a sense of continuity throughout. Each bedroom holds potential for customisation to suit family needs or rental opportunities in this sought-after area known for its excellent schools and transport links. The rear garden, extending approximately 70 feet, is a sizeable outdoor space that could benefit from landscaping or even additional structures subject to local regulations. Off-street parking and garage access offer further potential for conversion into usable living space or an office setup. This property is not just a home but an investment opportunity waiting to be seized.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +12.3% above area average per sq ft

+12.3%
This Property
£585/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£595
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £55,000
Target Value
£832,395
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (IG7)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -10.8%
5 year growth: -7.9%
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

Coolgardie Avenue, 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
£3,066
Based on a loan of £637,496 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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