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Barnaby Way, Chigwell, Essex, IG7

London

£999,995
Listed on 08/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1517 sqft

Description

This four-bedroom detached family home presents a compelling opportunity for renovation and enhancement. Nestled in the desirable Barnaby Way area of Chigwell, it enjoys tranquil views over Chigwell Brook, making it an attractive setting for potential buyers looking to put their mark on a property. The residence is strategically located within walking distance of Chigwell Tube Station (Central Line), ensuring easy access to central London and all its amenities. Additionally, Brook Parade nearby offers a variety of shops, restaurants, and cafes, as well as being close to several highly regarded local schools. With approximately 1,517 sq ft of living space across two floors, there is ample room to reimagine the layout. The property features a spacious entrance hallway leading to a generous lounge bathed in natural light thanks to large windows. The dining room provides plenty of space for gatherings, while the adjacent sitting room presents an ideal retreat with views over the garden. The kitchen includes a separate pantry/storage area and connects conveniently with both the dining area and main hallway. Upstairs are four well-sized bedrooms and a family bathroom; the principal bedroom benefits from a dressing area with fitted wardrobes. This home also includes a private rear garden ripe for landscaping and potential outbuildings, along with an attached garage and off-street parking at the front. In summary, this property not only offers comfortable living but also significant potential for extension and modernization (subject to planning permissions), enabling savvy investors or families to create their ideal home.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +26.9% above area average per sq ft

+26.9%
This Property
£659/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£543
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£867,057
10% above area average per sq ft
Potential ROI
-20.5%
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

Barnaby Way, Chigwell, Essex, IG7
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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
£3,568
Based on a loan of £749,996 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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