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Rayleigh Road, Woodford Green, Essex, IG8

London

£675,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1140 sqft

Description

This three-bedroom semi-detached residence offers a solid foundation for renovation and reimagination, located conveniently near Woodford Central Line Station and local amenities. The property comprises spacious living areas, including two substantial reception rooms and a separate office, alongside a fitted kitchen with utility space and a downstairs WC. On the second floor, the accommodation includes two generous double bedrooms, plus a well-proportioned third bedroom and a modern family bathroom. The rear garden features an expansive lawn complemented by a central pathway leading to an elevated decking area, presenting an opportunity for outdoor enhancements or entertaining spaces. There is significant potential for extending the property to the rear, pending the necessary planning approvals. The front of the home welcomes you with a garden that provides off-street parking for several vehicles. With its strategic positioning and ample space throughout, this property stands as an enticing project for those looking to invest in an area with growth potential.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +7.6% above area average per sq ft

+7.6%
This Property
£592/sq ft
Area Average
£550/sq ft
Avg Rent (weekly)
£491
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£690,202
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +4.7% over the last 12 months
3 year growth: +4.6%
5 year growth: +10.4%
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

Rayleigh Road, Woodford Green, Essex, IG8
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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
£2,391
Based on a loan of £506,250 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.

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