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24 and 26 Chingford Mount Road, Chingford, London, E4 9AB - Image 1
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24 and 26 Chingford Mount Road, Chingford, London, E4 9AB

London

£720,000
Listed on 06/05/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This freehold mixed-use property presents a compelling investment opportunity, featuring a ground floor commercial unit alongside two residential flats. The site encompasses approximately 5,299 sq ft, with the building's gross internal area measuring about 1,530 sq ft. The commercial unit and associated yard are currently leased to a reliable tenant under a verbal agreement, generating an annual income of £11,400. Additionally, the upper-level consists of two 2-bedroom flats, each tenanted periodically for £13,200 per annum, underpinning the strong rental potential of this asset. Given its established tenancy arrangements and favorable location near Chingford Mount Road—with convenient access to local shopping and recreational facilities—the property offers significant scope for value enhancement through renovation or reconfiguration. Investors may find potential in optimizing the use of both commercial and residential spaces. Furthermore, there is potential for planning enhancements as indicated by available pre-application insights in the legal pack.

Investment Analysis

(E4 area)
Area Average
£545/sq ft
Avg Rent (weekly)
£435
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +4.5%
5 year growth: +15.1%
Investment Disclaimer: Analysis based on E4 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

24 and 26 Chingford Mount Road, Chingford, London, E4 9AB
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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
£2,569
Based on a loan of £540,000 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

This calculation uses non-residential (land/commercial) tax rates.

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