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Chester Road, Chigwell, Essex, IG7

London

£2,000,000
Listed on 12/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2355 sqft

Description

This four-bedroom detached family home offers a blend of charm and potential situated in a prime location near Chigwell's Central Line station. The property boasts original features while presenting an opportunity for renovation and expansion, subject to obtaining the necessary planning permissions. Set on a generous plot with a 90-foot south-facing landscaped rear garden, the outdoor space is ideal for families or entertaining. Inside, the spacious entrance hallway leads to a large living room featuring an attractive fireplace, along with a study/television room and a versatile dining room that could serve as an office. A fitted kitchen breakfast room connects to practical amenities, including a utility room and guest cloakroom, alongside the bonus of a sauna with shower facilities. The master suite includes an en-suite shower and built-in wardrobes, complemented by three additional double bedrooms sharing a family bathroom. Both front and rear gardens are adorned with mature plants and shrubs, creating tranquil and inviting spaces. This property provides significant renovation potential for those looking to enhance its appeal within this sought-after area.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +63.4% above area average per sq ft

+63.4%
This Property
£849/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£543
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,346,024
10% above area average per sq ft
Potential ROI
-36.5%
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

Chester Road, 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
£7,135
Based on a loan of £1,500,000 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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