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Belchers Lane, EN9

London

£875,000

Listed on 26/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2067 sqft

Description

'Kormakitis' is an attractive four-bedroom detached home nestled within nearly half an acre of meticulously maintained grounds, presenting a unique opportunity for buyers. With a history of over forty years in the same family, this property offers not only a welcoming atmosphere but also substantial potential for enhancement and extension, subject to necessary planning permissions. The spacious layout includes a giant sitting/dining room, a well-appointed kitchen/breakfast area with views of the serene rear garden, and generous bedrooms including a principal suite with en-suite facilities. The overall condition reflects consistent upkeep over the years, yet updates can significantly elevate its appeal and functionality. The property resides in a picturesque semi-rural setting while being conveniently close to local amenities, educational institutions, and transport links. Enthusiasts of outdoor activities will appreciate nearby amenities such as golf courses. Additionally, the expansive garden space allows for various landscaping possibilities or even the reestablishment of former vegetable plots. With desirable features like a double garage, covered entertainment area, and established gardens rich with mature trees and plants, 'Kormakitis' represents an exciting prospect for families or investors looking to leave their mark on a spacious residence.

Investment Analysis

(EN9 area)

Below Market Value

This property is priced -5.7% below area average per sq ft

-5.7%
Potential saving
This Property
£423/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£350
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,020,664
10% above area average per sq ft
Potential ROI
+6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EN9)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +0.4%
5 year growth: +5.0%
Investment Disclaimer: Analysis based on EN9 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

Belchers Lane, EN9
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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
£3,122
Based on a loan of £656,250 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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