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Brocket Way, Chigwell, Redbridge

London

£405,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
854 sqft

Description

This semi-detached BISF house features three spacious bedrooms and is well-positioned in a bustling locale with convenient access to shops, schools, and transport links—ideal for family living. The property offers ample room for potential extensions (subject to planning), making it a promising investment opportunity. The gated driveway provides off-street parking, while the ramp enhances accessibility to the garden and front entrance.

Upon entering, you are greeted by an entrance hall leading to a comfortable lounge that benefits from natural light through the double-glazed window. The kitchen/dining area includes a range of base units and integrated appliances, along with doors that open up to a generous rear garden—perfect for outdoor entertaining. Additionally, the garden boasts outbuildings suitable for storage or even conversion into a home office.

The upper floor comprises three well-proportioned bedrooms, offering versatility for family needs or rental potential. The bathroom features essential fixtures but could benefit from modernisation. This property presents an excellent canvas for further enhancements and personal touches, appealing to both homeowners looking to make it their own and investors seeking value in a thriving market.

Investment Analysis

(IG7 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£474/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
£487,971
10% above area average per sq ft
Potential ROI
+9.7%
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

Brocket Way, Chigwell, Redbridge
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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
£1,530
Based on a loan of £303,750 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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