8 Lyndhurst Rise, Chigwell, Essex, IG7 5BA
London
£1,150,000Guide Price
Listed on 02/09/2026
Listed on 02/09/2026
The listing
Property details
Bedrooms
4Type
DetachedFeatures
- Garden
Description
Offered at auction, this vacant four-bedroom detached house is presented with planning permission for redevelopment as two substantial four-bedroom semi-detached houses. The listing also identifies the possibility of extending the existing property, subject to the relevant checks and requirements. Planning documents are referenced under application EPF/1129/23 on the Epping Forest planning portal.
The house is in a residential part of Chigwell, with local shops, restaurants, leisure facilities and schools nearby. Chigwell Underground Station provides Central line services, and the M11, A406 and M25 are accessible by road. Viewings, bidding registration and the legal pack are available through Savills Auctions.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
53out of 100
Grade DWeak opportunity
Confidence: LOW
This is a substantial detached-house project in a sought-after Chigwell location, with the choice of creating an improved family home or investigating the stated permission for two semi-detached houses. The photos show a clear scope for updating the dated interiors, including the kitchen and bathroom, replacing worn flooring and reclaiming the overgrown rear garden; the renovation range is £55,000–£95,000. The 53/100 D grade reflects that the overall opportunity is not yet compelling, rather than a confirmed problem with the asking price: floor area is missing, so value against local £/sqf cannot be judged yet.
The listing is presented as an auction, with a guide price of £1,150,000. Bidding can take the hammer above the guide, so the eventual price may not stay this cheap. Verify the planning permission and its conditions before relying on the development route.
Key opportunities
- Choose between upgrading the existing detached home and investigating the stated permission for two semi-detached houses.
- Modernise the dated kitchen and bathroom and refresh finishes and flooring across the rooms shown.
- Clear and reshape the overgrown rear garden to make better use of the outdoor space.
Key risks
- A ceiling patch and a section of damaged or torn flooring need inspection to establish the required making-good work.
- Floor area is unavailable, so value against local £/sqf and residual value cannot yet be judged.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£4,345
Based on a loan of £862,500 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.
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