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The Ridgeway, North Chingford

London

£500,000
Listed on 11/05/2026

Property Details

Bedrooms
5
Type
Town House
Area
1439 sqft

Description

This generously proportioned five-bedroom, two-bathroom modern terraced townhouse presents a prime opportunity for those looking to invest in a property with significant renovation potential. Located in the desirable area of North Chingford, the home is conveniently close to local amenities, including the main line station and schools. While it currently requires modernization, its layout features a spacious kitchen diner, large reception room, and useful multiple bathrooms including an en suite on the first floor and a family bathroom on the top floor. The property benefits from an integral garage accessed via its own driveway and boasts an approximately 40ft rear garden. With careful updates, this home could be transformed into an exceptional family residence, making early viewing essential to appreciate its space and possibilities.

Investment Analysis

(E4 area)

Below Market Value

This property is priced -36.2% below area average per sq ft

-36.2%
Potential saving
This Property
£347/sq ft
Area Average
£545/sq ft
Avg Rent (weekly)
£435
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£862,126
10% above area average per sq ft
Potential ROI
+46.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

The Ridgeway, North Chingford
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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
£1,784
Based on a loan of £375,000 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.

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