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Portland Gnds, Chadwell Heath, RM6

London

£480,000
Listed on 11/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
593 sqft

Description

This two-bedroom bungalow located in the residential area of Chadwell Heath presents an excellent opportunity for buyers looking to invest in property with potential for personalization and enhancement. The single-level layout is well-suited for those seeking ease of access, whether you're a first-time buyer or looking to downsize. The bright reception room creates a welcoming atmosphere, while the fitted kitchen and two spacious bedrooms offer ample living space. A family shower room adds convenience, and the overall practical design ensures low maintenance. Externally, the bungalow boasts a private rear garden, ideal for outdoor relaxation or entertaining guests, complemented by off-street parking on its own driveway. There is significant potential for extension or improvement (subject to usual planning permissions), allowing future owners to tailor the home to their specific needs. Situated within close proximity to Chadwell Heath Station (Elizabeth Line) and local amenities, this property benefits from excellent transport links into Central London and beyond. This residence holds great promise for those willing to invest in refurbishment and capitalize on its potential in a growing area.

Investment Analysis

(RM6 area)

Above Market Value

This property is priced +79.6% above area average per sq ft

+79.6%
This Property
£809/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£293,926
10% above area average per sq ft
Potential ROI
-42.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +0.6%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on RM6 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

Portland Gnds, Chadwell Heath, RM6
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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
£1,731
Based on a loan of £360,000 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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