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Princes Avenue, Woodford Green

London

£1,150,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1421 sqft

Description

This three-bedroom linked detached home is strategically located within the desirable Monkhams Estate, presenting a great opportunity for renovation and enhancement. The property boasts a spacious layout with significant potential for expansion, subject to the necessary planning permissions. A large driveway leads to a garage that could be repurposed, offering further possibilities for development.<br><br>Upon entering, you are greeted by an expansive entrance hall that flows into the generously sized rooms including a formal dining area featuring a charming bay window and a living room that overlooks an attractive garden. The kitchen, positioned at the rear, provides ample workspace and an inviting seating area suitable for daily family life. This level also includes a convenient ground floor W.C.<br><br>The upper floor accommodates three well-proportioned bedrooms, which offer comfortable living spaces alongside a family bathroom and separate W.C., providing convenience for busy families. Moreover, access to a loft room adds flexibility to the space that can be further capitalized on with appropriate renovations.<br><br>The substantial rear garden is predominantly laid to lawn with an adjoining patio area, perfect for outdoor activities and gatherings. The home's location on a tranquil street means it enjoys both peaceful surroundings and close proximity to local amenities; Woodford Central Line station is nearby for easy travel into London, along with quick access to major road networks like the M11 and M25. The area is renowned for its excellent educational institutions and has plenty of shops and eateries in close reach. With outdoor spaces such as Knighton Woods and Epping Forest just minutes away, this property presents an appealing prospect not only as a home but also as an investment with numerous avenues for improvement.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +47.7% above area average per sq ft

+47.7%
This Property
£809/sq ft
Area Average
£548/sq ft
Avg Rent (weekly)
£471
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£856,188
10% above area average per sq ft
Potential ROI
-30.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +5.7% over the last 12 months
3 year growth: +4.8%
5 year growth: +11.5%
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

Princes Avenue, Woodford Green
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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
£4,148
Based on a loan of £862,500 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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