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Underwood Road, Chingford, London. E4 9EE

London

£575,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Nestled in a desirable and secluded area near Ainslie Wood, this three-bedroom semi-detached home presents considerable opportunity for renovation and customization. With ample scope to update, reconfigure, or even extend (subject to Local Authority approval), this property invites buyers to transform it into a personalized living space. The ground floor consists of a welcoming hallway that leads to a spacious lounge and adjoining dining area, complemented by a modest kitchen. This kitchen opens onto an expansive rear garden, which is ideal for families and offers potential for landscaping or further development. Upstairs, you will find two generous double bedrooms and a single bedroom, along with a bathroom and separate W.C. The loft area also holds potential for conversion (pending permission), maximizing the living space even further. The property is approached via an impressively sized fan-shaped driveway providing off-street parking for at least three vehicles. Its location ensures convenient access to local schools, shops, and nearby forest walks, as well as excellent transport connections—just a short walk to Highams Park mainline station with direct services into London Liverpool Street. This property serves as an attractive opportunity for first-time buyers looking to create their dream home or investors interested in capitalizing on its renovation prospects.

Investment Analysis

(E4 area)
Area Average
£544/sq ft
Avg Rent (weekly)
£434
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +4.1%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on E4 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

Underwood Road, Chingford, London. E4 9EE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,172
Based on a loan of £431,250 over 30 years at 4.45% 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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