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Portman Drive, Woodford Green, IG8

London

£500,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1083 sqft

Description

Nestled in a tranquil residential turning, this three-bedroom semi-detached home presents a unique opportunity for revitalization and investment. Currently offering vacant possession, the property features a welcoming entrance hall that leads into a spacious through-lounge dining area, ideal for both leisure and social gatherings. Adjacent to this is a galley kitchen which connects to a utility room, providing convenient access to the expansive rear garden. The first floor comprises two generously sized double bedrooms along with a versatile box room suitable for use as a study or additional sleeping space, complemented by a separate shower room. While the interior awaits modernization, it holds significant potential for enhancements and even expansion, pending necessary planning permissions. The exterior of the property boasts an impressive garden exceeding 60ft, starting with tiered paved patio areas that descend into a lawn framed by mature shrubs. Additionally, an attached garage equipped with power adds valuable storage options. A block-paved driveway at the front accommodates parking for two vehicles. This home is conveniently located within walking distance of South Woodford station and various shops along George Lane, with accessible public transport routes and major road links including the A406 and M11 leading into London. Families will appreciate the proximity to well-regarded primary and secondary schools. Viewing is highly recommended to grasp the full potential this property offers.

Investment Analysis

(IG8 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£462/sq ft
Area Average
£550/sq ft
Avg Rent (weekly)
£491
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£655,692
10% above area average per sq ft
Potential ROI
+17.1%
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

Portman Drive, 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
£1,771
Based on a loan of £375,000 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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