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Vicarage Road, Woodford Green, IG8

London

£400,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
800 sqft

Description

This three-bedroom end-of-terrace property presents a compelling opportunity for first-time buyers, investors, and developers alike. Offered with no onward chain, the home is situated in a sought-after area known for its strong growth potential. With a welcoming hallway leading to a light-filled through lounge, a functional kitchen, and three well-sized bedrooms alongside a family bathroom, the property already provides comfortable living space. However, its true value lies in the significant renovation and development opportunities it offers. Many neighbouring homes have successfully undergone rear extensions and loft conversions to create additional living areas, showcasing the possibilities that await here. Subject to appropriate planning approvals, this residence can be transformed into a larger family home that meets contemporary standards. The external features include a private rear garden and a garage which not only serves as secure parking but also adds further enhancement options for savvy buyers. Conveniently located near local amenities, reputable schools, parks, and transport links, this property represents an ideal canvas for those looking to invest in an area poised for future appreciation.

Investment Analysis

(IG8 area)

Below Market Value

This property is priced -8.4% below area average per sq ft

-8.4%
Potential saving
This Property
£500/sq ft
Area Average
£546/sq ft
Avg Rent (weekly)
£456
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£480,524
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
25
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +4.0%
5 year growth: +8.7%
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

Vicarage Road, Woodford Green, IG8
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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
£1,511
Based on a loan of £300,000 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.

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