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Forster Close, Woodford Green

London

£550,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
934 sqft

Description

This three-bedroom mid-terrace property spans approximately 934 square feet and comes with a private driveway that can accommodate two vehicles, alongside a generous rear garden of about 33 feet. Located less than half a mile from Highams Park station, it offers excellent transport links while being close to the scenic Epping Forest and Highams Park Lake. Although the home is available chain-free, it presents a unique opportunity for renovation and enhancement. Upon entering, you'll find a well-arranged kitchen featuring light wood cabinetry and ample workspace, leading to a spacious reception room designed for both relaxation and dining. The layout includes practical storage solutions like converted understairs storage and an additional cupboard adjacent to the reception area. A conservatory adds extra living space that opens directly onto the rear garden, which has scope for landscaping improvements or potential extension subject to necessary planning permissions. Upstairs, the three bedrooms are surrounded by a central landing, offering peaceful retreats, with the main bedroom boasting a walk-in wardrobe and extensive built-in storage. The other two rooms are adaptable for various uses such as guest accommodation or home office spaces. A tidy family bathroom rounds out the upper floor. This property not only holds immediate living potential but is also ripe for further development or modernization to increase its value significantly in the long term.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +7.4% above area average per sq ft

+7.4%
This Property
£589/sq ft
Area Average
£548/sq ft
Avg Rent (weekly)
£448
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£563,478
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +3.9%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on IG8 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

Forster Close, Woodford Green
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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
£1,962
Based on a loan of £412,500 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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