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Smeaton Road, Woodford Green, IG8

London

£700,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1384 sqft

Description

This semi-detached residence presents a promising opportunity for those looking to invest in a well-located property straddling Woodford and Chigwell. While the home is currently appealing, it holds significant potential for renovation to maximize its space and functionality. The ground floor features a spacious living area with a charming fireplace, alongside a contemporary kitchen and breakfast room that opens into the garden. The kitchen comes equipped with integrated appliances and ample storage, setting the stage for an enhanced family environment. The first floor houses two generously sized bedrooms, including one particularly large room that could be reverted back to its original three-bedroom layout, subject to planning approvals. The second floor is dedicated to the primary suite, which includes an en suite shower room, a Juliet balcony, and useful eaves storage—elements that can be further refined or expanded. Outside, the property boasts an attractive patio garden complete with a versatile garden room currently used as a home bar and a log burning sauna, offering great potential as an entertainment space or private retreat. Access to the front includes off-road parking facilitated by a secure driveway. This home is ideally situated in a vibrant residential area offering proximity to essential transport links such as Woodford station on the Central Line and easy road access via the A406 and M11. The surrounding amenities include various shops, restaurants, parks, and reputable schools—making this property not only a comfortable living space but also an investment opportunity in one of Essex's sought-after locations.

Investment Analysis

(IG8 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£506/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
£837,929
10% above area average per sq ft
Potential ROI
+11.7%
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

Smeaton Road, Woodford Green, 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
£2,479
Based on a loan of £525,000 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.

Stamp Duty Calculator

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