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Manford Way, Chigwell

London

£600,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1113 sqft

Description

This three-bedroom detached home presents a remarkable investment opportunity, nestled on a sizeable plot in the desirable borders of Chigwell and Hainault. While it is currently in need of upgrading and modernisation, the property lays a solid foundation for those looking to tailor their living space to contemporary standards and preferences. The spacious ground floor features an expansive reception/dining area exceeding 21ft, a separate kitchen located at the rear, and a convenient ground floor WC. The upstairs accommodates three generously-sized bedrooms alongside a family bathroom, offering a functional setup that is well-suited for family life. A standout aspect of this property is its external space. The front boasts a large private driveway, while the back reveals an impressive garden stretching about 62ft, complete with a detached shed/outbuilding. This generous plot size and detached configuration provide substantial potential for future enhancements—be it extension or reconfiguration—subject to obtaining the necessary approvals. Despite requiring comprehensive updates throughout, this home is positioned as an exceptional chance for buyers seeking to invest in a detached residence with strong structural integrity in a sought-after community. The location offers appealing attributes including proximity to transport links, schools, and local amenities, making it an ideal choice for families. The property benefits from easy access to Hainault and Grange Hill stations (Central Line), ensuring straightforward commutes into Central London. Nearby shopping options along Manford Way cater to day-to-day needs, while parks and green spaces enhance the family-friendly environment of this appealing area.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +3.7% above area average per sq ft

+3.7%
This Property
£539/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£543
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£636,146
10% above area average per sq ft
Potential ROI
-2.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IG7)

Area prices are rising by +7.4% over the last 12 months
3 year growth: -2.4%
5 year growth: +1.3%
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

Manford Way, Chigwell
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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
£2,141
Based on a loan of £450,000 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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