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Melbourne Gardens, Chadwell Heath, RM6

London

£550,000

Listed on 20/07/2026

Property details

Bedrooms
4
Type
Detached Bungalow
Area
888 sqft

Description

This detached bungalow presents a rare chance to invest in one of Chadwell Heath's sought-after residential streets. With a flexible layout featuring 3 to 4 bedrooms, this property is well-suited for families and offers an immediate sense of comfort while holding significant promise for customization and expansion. The spacious rooms are bright and well-proportioned, providing an ideal canvas for modern renovations. A notable highlight is the expansive loft space, which could potentially be developed into additional bedrooms or bathrooms, subject to planning approvals. The generous outdoor space enhances its appeal further, with a sizeable rear garden and a secure detached garage. There's ample opportunity here to extend the property both at the sides and rear (STPP), allowing for an increase in living space without sacrificing outdoor enjoyment. Conveniently located near Chadwell Heath High Road, residents will benefit from easy access to shopping options, local eateries, and excellent transport links to central London. The property lies within the catchment area of renowned local schools, making it an attractive option for families looking to settle in a quiet yet accessible neighborhood. Given the scale and potential of this property on Melbourne Gardens, internal viewing is recommended to fully appreciate the possibilities on offer.

Investment analysis

(RM6 area)

Above Market Value

This property is priced +36.7% above area average per sq ft

+36.7%
This Property
£619/sq ft
Area Average
£453/sq ft
Avg Rent (weekly)
£450
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£442,442
10% above area average per sq ft
Potential ROI
-26.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +5.8% over the last 12 months
3 year growth: +2.5%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on RM6 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

Melbourne Gardens, Chadwell Heath, RM6
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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
£2,078
Based on a loan of £412,500 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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