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Tomswood Road, Chigwell

London

£1,495,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1982 sqft

Description

This spacious three-bedroom detached family home, set on a generous plot of 0.27 acres, presents an excellent opportunity for renovation and development, subject to planning permission. The property boasts a south-facing rear garden extending approximately 190 feet, providing ample outdoor space to enhance or expand your living area. Located conveniently near a Central Line station and top-rated schools, along with good road connections and local amenities, the location adds valuable appeal for future buyers or tenants. As you enter, you'll find a welcoming porch that leads into a tiled entrance hall. The large lounge (21' x 17'1") features windows and doors opening onto the spacious garden area. The sizable fitted kitchen/breakfast room (20'9" x 13') is equipped with integrated appliances and overlooks the garden as well. Additionally, there’s a utility room adjacent to the kitchen that provides access to the integral garage (19'11" x 8'7"). The dining room (17'7" x 13') connects to both the lounge and has side aspect views while the family/television room (17'1" x 9'1") also opens onto the garden—ideal for modern family living. The master bedroom is generously sized (14'11" x 11'11") with bespoke fitted wardrobes and an en-suite shower room. The other two bedrooms are well-proportioned with good natural light from their front-facing windows. A modern family bathroom includes contemporary fixtures and fittings. To appreciate this property's true potential for modernization or expansion, viewing is essential.

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Investment analysis

(IG7 area)

Above Market Value

This property is priced +46.0% above area average per sq ft

+46.0%
This Property
£754/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£558
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,126,618
10% above area average per sq ft
Potential ROI
-28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (IG7)

Area prices are rising by +9.7% over the last 12 months
3 year growth: 0.0%
5 year growth: +2.7%
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

Tomswood Road, Chigwell
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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
£5,648
Based on a loan of £1,121,250 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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