Worst House on the Street Logo
Lodge Close, Chigwell, Essex, IG7 - Image 1
Lodge Close, Chigwell, Essex, IG7 - Image 2
Lodge Close, Chigwell, Essex, IG7 - Image 3
Lodge Close, Chigwell, Essex, IG7 - Image 4
Lodge Close, Chigwell, Essex, IG7 - Image 5
Lodge Close, Chigwell, Essex, IG7 - Image 6
Lodge Close, Chigwell, Essex, IG7 - Image 7
Lodge Close, Chigwell, Essex, IG7 - Image 8
Lodge Close, Chigwell, Essex, IG7 - Image 9
Lodge Close, Chigwell, Essex, IG7 - Image 10
Lodge Close, Chigwell, Essex, IG7 - Image 11
Lodge Close, Chigwell, Essex, IG7 - Image 12
Lodge Close, Chigwell, Essex, IG7 - Image 13
Lodge Close, Chigwell, Essex, IG7 - Image 14
Lodge Close, Chigwell, Essex, IG7 - Image 15
Lodge Close, Chigwell, Essex, IG7 - Image 16
Lodge Close, Chigwell, Essex, IG7 - Image 17
Lodge Close, Chigwell, Essex, IG7 - Image 18
Lodge Close, Chigwell, Essex, IG7 - Image 19
Lodge Close, Chigwell, Essex, IG7 - Image 20
Lodge Close, Chigwell, Essex, IG7 - Image 21
Lodge Close, Chigwell, Essex, IG7 - Image 22
Lodge Close, Chigwell, Essex, IG7 - Image 23
Lodge Close, Chigwell, Essex, IG7 - Image 24
Lodge Close, Chigwell, Essex, IG7 - Image 25
Lodge Close, Chigwell, Essex, IG7 - Image 26
Lodge Close, Chigwell, Essex, IG7 - Image 27
Lodge Close, Chigwell, Essex, IG7 - Image 28
Lodge Close, Chigwell, Essex, IG7 - Image 29

Lodge Close, Chigwell, Essex, IG7

London

£899,995
Listed on 23/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1911 sqft

Description

This four-bedroom detached family residence presents an enticing investment opportunity, particularly for those keen on renovation and potential expansion (subject to planning permissions). Nestled in a desirable area of London, the property is conveniently located within walking distance to a Central Line tube station, providing easy access to local amenities, eateries, and reputable schools. The large paved driveway offers ample parking space for multiple vehicles while allowing access to the tranquil rear garden from both sides of the house. Upon entering, you are greeted by a spacious porch leading into the hallway, which grants access to various rooms including a ground floor shower room. A generously sized study at the front of the house provides versatility and could be tailored to fit your needs. The lounge/dining area is substantial and features sliding doors that open up to the rear garden, enhancing indoor-outdoor living. The kitchen/breakfast room is also roomy with adequate storage options and integrated appliances. It connects seamlessly to a utility room that leads into a double-length garage, ideal for further development potential. On the first floor, you will find four well-proportioned double bedrooms alongside a notably spacious family bathroom complete with both a bath and separate shower. This property not only benefits from its solid structure but also boasts opportunities for modernisation or extensions given its size and layout. The south-west facing garden is well-maintained with mature plants and includes outdoor spaces such as a patio and a greenhouse, presenting further landscaping opportunities. With its generous dimensions and structural integrity, this home has significant potential for transformation into a contemporary family dwelling or rental investment.

Investment Analysis

(IG7 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£471/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£595
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£1,094,774
10% above area average per sq ft
Potential ROI
+14.0%
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

Lodge Close, Chigwell, Essex, IG7
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,246
Based on a loan of £674,996 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates