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New Road, Chingford

London

£625,000

Listed on 13/07/2026

Property details

Bedrooms
4
Type
Terraced
Area
1398 sqft

Description

Nestled on a sought-after residential street near Larks Wood, this expansive four-bedroom mid-terrace home dating from the 1930s presents an excellent opportunity for renovation and future expansion. With just under 1,400 square feet of living space, it offers considerable potential for families looking to customize their living environment. The property features generous reception areas flooded with natural light, a well-appointed kitchen with ample storage, and a versatile adjoining room that could serve as a second lounge or dining area. A conservatory extends the living space further, providing picturesque views of the extensive south-facing garden. Upstairs, you will find four spacious bedrooms along with two bathrooms, catering perfectly to the demands of family life. The size and layout facilitate various uses whether for home working or accommodating guests. Outside, the large garden offers both patio and lawn areas ideal for entertaining or gardening enthusiasts. Given its size and existing configuration, the property holds significant potential for further development, pending necessary planning approvals. With its proximity to local amenities and transport links connecting you to central London via Highams Park Overground station, this desirable location enhances its investment appeal while offering room for growth.

Investment analysis

(E4 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£447/sq ft
Area Average
£544/sq ft
Avg Rent (weekly)
£411
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£836,486
10% above area average per sq ft
Potential ROI
+18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +3.8%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on E4 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

New Road, Chingford
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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
£2,361
Based on a loan of £468,750 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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