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Lechmere Approach, Woodford Green, IG8

London

£900,000

Listed on 16/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1496 sqft

Description

Introducing an inviting four-bedroom detached home located in Woodford Green, this property offers a wealth of possibilities for the discerning buyer. With off-street parking and a spacious layout, it is an excellent candidate for families seeking room to grow or investors looking to capitalize on its renovation potential. The home features a functional kitchen/breakfast room that provides a great space for family dining, while the large living area benefits from patio doors opening to a west-facing garden, ensuring plenty of natural light throughout the day. The first floor includes four well-proportioned bedrooms and a family bathroom, alongside potential for loft expansion and side/rear extensions, subject to obtaining planning permission. This flexibility offers exciting opportunities to enhance and customize the property according to personal preferences or investment requirements. Situated conveniently near local amenities such as shops, schools, and green spaces, and with strong transport links to central London destinations like Canary Wharf and The City, this home combines comfort with accessibility. Given its location in the desirable London Borough of Redbridge, this property not only serves as a family residence but also stands as a promising investment with significant upside through refurbishment and extension.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£602/sq ft
Area Average
£546/sq ft
Avg Rent (weekly)
£456
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£898,580
10% above area average per sq ft
Potential ROI
-10.1%
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

Lechmere Approach, 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
£3,400
Based on a loan of £675,000 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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