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30 Manford Court, Manford Way, Chigwell, IG7 4DP

London

£160,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Flat
Area
738 sqft

Description

This leasehold flat, spanning two floors, presents a prime opportunity for renovation and investment. Located on Manford Way, it is conveniently positioned near local amenities and transportation options, including Hainault and Grange Hill Tube Stations on the Central Line. The property is in need of modernisation and currently offers two bedrooms, a bathroom, separate WC, along with an entrance hall and living room, complemented by a kitchen/diner area. With approximately 91 years remaining on the lease and a nominal ground rent of £10 per annum, this flat holds potential for value enhancement through thoughtful refurbishment. Its proximity to Hainault Forest and Fairlop Waters Country Park further adds to its appeal as a residential investment in a desirable London location.

Investment Analysis

(IG7 area)

Below Market Value

This property is priced -58.3% below area average per sq ft

-58.3%
Potential saving
This Property
£217/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£530
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£421,690
10% above area average per sq ft
Potential ROI
+110.8%
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
7%
Properties sold annually

Local Market Trend (IG7)

Area prices are rising by +9.5% over the last 12 months
3 year growth: -2.1%
5 year growth: +1.1%
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

30 Manford Court, Manford Way, Chigwell, IG7 4DP
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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
£604
Based on a loan of £120,000 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.

Stamp Duty Calculator

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