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Great Owl Road, Chigwell, IG7

London

£1,300,000
Listed on 11/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
2357 sqft

Description

This detached five-bedroom house, nestled in a tranquil cul-de-sac in Chigwell, presents an exceptional opportunity for both families and developers. Spanning approximately 2,362 sq ft, the residence features two spacious reception rooms and a large open-plan kitchen/dining area that is ideal for entertaining. The layout includes five generously sized bedrooms and three bathrooms over two levels. A converted garage offers substantial utility and storage space. The vast rear garden provides significant outdoor potential, while the expansive driveway allows for ample off-street parking. Located within walking distance of Chigwell Station and top private schools such as Chigwell School, this home boasts an attractive position for families. Crucially, this property has excellent redevelopment potential. Buyers can explore options like loft conversions and rear extensions (subject to planning permissions), or even consider the possibility of a complete redevelopment. This is not just a home but a canvas ready to be tailored into a bespoke residence that meets the demands of modern living.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +6.1% above area average per sq ft

+6.1%
This Property
£552/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£543
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £125,000
Target Value
£1,347,167
10% above area average per sq ft
Potential ROI
-5.5%
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

Great Owl Road, Chigwell, 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
£4,638
Based on a loan of £975,000 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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