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Chadwell Avenue, RM6

London

£500,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
861 sqft

Description

This well-maintained three-bedroom family home presents an appealing opportunity for both first-time buyers and investors in a sought-after location. Offered chain-free with freehold status, the property boasts a functional layout and is ready to live in while offering significant potential for enhancement. With the possibility of a loft conversion and a rear extension (subject to planning permissions), there is ample scope to increase living space and add value over time. The front of the house features off-street parking, which is a valuable asset in this area. Inside, you'll find a welcoming through lounge that provides a flexible space perfect for family gatherings or entertaining guests. The kitchen at the back is modern and provides direct access to the private rear garden, which includes decking and a treehouse—both appealing features for families. Upstairs, there are three nicely sized bedrooms along with a well-appointed bathroom, ensuring comfort for all family members. Double glazing throughout enhances energy efficiency while contributing to the overall appeal of this home. Located within the London Borough of Redbridge, residents benefit from low council tax rates and access to reputable schools, parks, essential amenities, and strong transport links such as Goodmayes Station on the Elizabeth line. This property also offers excellent rental potential with estimated monthly income around £2,200—making it an attractive option for buy-to-let investors. With early viewing highly recommended, you are invited to explore how you can maximize this property's investment potential.

Investment Analysis

(RM6 area)

Above Market Value

This property is priced +28.8% above area average per sq ft

+28.8%
This Property
£581/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£420
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£426,953
10% above area average per sq ft
Potential ROI
-23.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +6.3% over the last 12 months
3 year growth: +1.5%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on RM6 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

Chadwell Avenue, RM6
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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.

Stamp Duty Calculator

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