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Madeira Grove, Woodford Green, IG8

London

£650,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1125 sqft

Description

This extended semi-detached house with three bedrooms presents a significant renovation opportunity in Madeira Grove. Currently needing comprehensive modernization, this property is a blank canvas for buyers eager to transform it into a personalized family residence. The ground floor features two to three reception rooms along with a single-storey rear extension that houses a kitchen and additional living space, offering ample scope for reconfiguration or enhancement. The first floor hosts three bedrooms and a family bathroom, while outside, the expansive rear garden exceeds 50ft, beginning with a paved patio that leads down to a lawn area bordered by mature shrubs. There’s also potential for parking or an outbuilding in the concrete area at the back of the garden. The home is conveniently located near Woodford Station and within walking distance of local shops and schools, making it ideal for families looking to invest in an area with excellent amenities. With no chain involved, this property invites those seeking a renovation project in a desirable location to make their mark.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£578/sq ft
Area Average
£550/sq ft
Avg Rent (weekly)
£491
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £95,000
Target Value
£681,120
10% above area average per sq ft
Potential ROI
-8.6%
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

Madeira Grove, 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
£2,302
Based on a loan of £487,500 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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