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74 Bracken Drive, Chigwell, Essex, IG7 5RD

London

£900,000Guide Price

Listed on 22/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow presents a significant opportunity for renovation and potential extension, subject to the necessary planning permissions. Located in a sought-after area of Chigwell, it features off-street parking and a rear garden, ideal for those looking to enhance their outdoor space. The property is conveniently situated close to local shopping and recreational amenities, with excellent transport links provided by Chigwell and Grange Hill Underground stations. With some updating needed, this bungalow could become a valuable investment or family home in a prestigious residential location.

Investment analysis

(IG7 area)
Area Average
£517/sq ft
Avg Rent (weekly)
£558
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

74 Bracken Drive, Chigwell, Essex, IG7 5RD
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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.

Stamp duty calculator

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