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Grove Road, Chadwell Heath, RM6

London

£700,000
Listed on 30/04/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
2133 sqft

Description

This substantial five-bedroom semi-detached Victorian home showcases traditional features and offers ample potential for renovation or expansion. With a generous 150 ft garden and a large driveway, this property provides a rare opportunity for investment. The home benefits from high ceilings and spacious rooms filled with natural light, ideal for creating comfortable living spaces. The existing kitchen is practical but could be enhanced to meet modern standards. Five good-sized bedrooms provide versatility for family living or workspace needs. Notably, the property includes an expansive loft area that, alongside previously approved planning permissions for significant extensions, presents excellent opportunities for increasing living space (subject to renewal of consents). The external space is equally impressive with plentiful outdoor area and parking options. Located in a desirable neighbourhood with easy access to local amenities and the Elizabeth Line for quick connections to Central London, this home balances character with exciting renovation potential.

Investment Analysis

(RM6 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£328/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£420
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,057,712
10% above area average per sq ft
Potential ROI
+32.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +6.3% over the last 12 months
3 year growth: +1.5%
5 year growth: +11.6%
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

Grove Road, Chadwell Heath, RM6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,497
Based on a loan of £525,000 over 30 years at 3.97% 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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