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30 Southern Drive, Loughton, IG10 3BU - Image 1
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30 Southern Drive, Loughton, IG10 3BU

London

£350,000

Listed on 10/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house presents a significant opportunity for developers and investors looking for a project in Loughton. The property is in need of modernisation, offering the potential for extension to enhance its living space. Located in a popular residential area, it is conveniently situated near Loughton High Road, which boasts a variety of shops, restaurants, and cafes. The property is also within walking distance of Loughton Underground Station, providing easy access to Central London. Recreational amenities can be found at nearby Roding Valley Nature Reserve and Epping Forest, making this an appealing location for families and outdoor enthusiasts alike. The house is currently vacant, allowing for immediate renovation plans to be put into action.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

62out of 100
Grade CPotential opportunity

Confidence: LOW

This three-bedroom terraced house in Loughton presents an intriguing opportunity for buyers looking for a renovation project. Priced at £350,000, it stands significantly below the local average of £624,098, making it an attractive option for those willing to invest in substantial improvements. The property shows considerable signs of wear and outdated decor throughout, hinting at the extensive work required to modernize the interiors. However, the potential for extension adds further appeal, allowing for creative reconfiguration and expansion of living space.

While the house is set for a heavy refurbishment, with renovation costs projected between £100,000 and £150,000, the good location and accessibility to amenities and transport make it a promising canvas for future value creation. It’s important to note that the stripped interiors and significant work needed will demand a focused budget and timeline, but for the right buyer, this project could yield substantial rewards in both character and functionality.

Key opportunities

  • Potential for extension to enhance living space and value.
  • Opportunity to modernize dated interiors and improve overall aesthetics.
  • Scope for redesigning the layout to better suit contemporary living.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Significant signs of wear and outdated decor throughout may indicate hidden issues requiring attention.

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Map

Location

30 Southern Drive, Loughton, IG10 3BU
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 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.

Tax

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