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Chigwell Park Drive, Chigwell, IG7 5

London

£900,000

Listed on 22/06/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1286 sqft

Description

This property presents a unique opportunity for those looking to invest in a complete renovation project. Positioned without a chain, the semi-detached property at Chigwell Park Drive offers substantial space, including a generous entrance hallway, several reception rooms, a kitchen, and four bedrooms along with a family bathroom. The layout is conducive to modern living and provides an excellent canvas for customization to suit individual preferences. Notably, the expansive plot provides ample opportunities for extending the home significantly; options include rear and side extensions or even the addition of a loft conversion (subject to planning permissions). Such enhancements could lead to considerable increases in property value, particularly when considering similar projects within the vicinity that have yielded remarkable transformations. The location is equally appealing—nestled in a quiet suburban area yet conveniently close to Chigwell Underground Station (Central Line) for easy access into central London. This makes it attractive not only for families but also for professionals commuting to the city. With reputable local schools nearby and vibrant shopping options on Chigwell Brook Parade, this property lies at the heart of a desirable community.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +34.7% above area average per sq ft

+34.7%
This Property
£700/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£530
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£734,814
10% above area average per sq ft
Potential ROI
-26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Chigwell Park Drive, Chigwell, IG7 5
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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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