Manford Way, Chigwell, IG7
London
£500,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
1189 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house has a rear extension, a separate garden room and off-street parking. The ground floor includes a living room, kitchen and an extended reception area, while the first floor has three bedrooms and a bathroom. The listing also describes a large outbuilding with potential uses such as a home office, gym or studio.
The property is presented as ready to occupy, with a modern kitchen and further scope to consider extending, subject to the necessary permissions. Hainault Woodlands, local amenities, schools and transport links are described as being nearby. The accommodation includes a living room measuring 3.89m by 4.52m, a kitchen measuring 2.67m by 4.45m and a garden room measuring 3.91m by 5.79m.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £500,000, this three-bedroom semi is priced attractively at £421/sq ft, below the local average of £517/sq ft—an appealing entry point for a buyer looking to acquire well and add value. The photographed home looks generally maintained, with a usable traditional kitchen and serviceable bathrooms; the main visible scope is cosmetic updating to dated living-area finishes, rather than a major refurbishment. The renovation range is £6,000–£18,000.
There’s also a maintained garden with patio and covered seating, off-street parking, and a substantial outbuilding that could offer useful flexibility. The listing mentions further expansion potential subject to planning, but any plans would need to be checked for feasibility and approvals.
Key opportunities
- Update the dated living-area finishes with a relatively light cosmetic refresh.
- Make use of the maintained garden, patio and covered seating area as an appealing outdoor space.
- Explore the substantial outbuilding’s potential as a flexible workspace or hobby area, subject to confirming its construction, services and lawful status.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,889
Based on a loan of £375,000 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.
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