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New Road, Chingford E4

London

£500,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1080 sqft

Description

This 1920s three-bedroom house presents a unique opportunity for those looking to invest in a property that benefits from significant renovation potential. With no onward chain, this home is ready for new owners to bring their vision to life. The spacious layout offers multiple avenues for customization, allowing you to craft a modern living space tailored to your needs. One of the standout features of this property is its expansive south-facing garden, extending nearly 100 feet. This outdoor space not only provides an inviting area for relaxation and recreation but also presents options for future extensions or landscaping projects that could enhance both aesthetic and functional value. Inside, the home greets you with a welcoming hallway leading to two reception rooms. The front reception room showcases a large bay window that fills the space with natural light, creating a bright atmosphere. The second reception room seamlessly connects through double doors to the garden, bridging indoor and outdoor living—an ideal setup for gatherings or leisurely afternoons. The kitchen is strategically placed between these reception areas, fostering an open flow that enhances daily living. Its position ensures it remains bright and airy throughout the day while maintaining practicality for meal preparation and entertaining. Upstairs, you'll find three bedrooms alongside a well-sized bathroom. Each bedroom holds promise as either a restful retreat or a productive workspace, depending on your lifestyle needs. There are possibilities not only to extend into the garden but also to consider loft conversions that could further maximize available space. In terms of location, the property is well-positioned within easy reach of both Chingford and Walthamstow, offering excellent transport links via nearby bus routes. These vibrant areas boast a diverse array of pubs, cafes, and restaurants catering to various tastes—perfect for enjoying casual outings or social gatherings. For families, numerous quality schools are conveniently located nearby. The local community center provides recreational options including swimming and fitness activities for all ages. After a busy day, unwind at local dining spots like the Larkswood Harvester just a short walk away—or explore nearby green spaces like Lloyd Park and Epping Forest within a brief drive. This property stands out not just as a residence but as an investment opportunity with ample potential for enhancement through thoughtful renovations and expansions.

Investment Analysis

(E4 area)

Below Market Value

This property is priced -14.5% below area average per sq ft

-14.5%
Potential saving
This Property
£463/sq ft
Area Average
£542/sq ft
Avg Rent (weekly)
£423
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£643,599
10% above area average per sq ft
Potential ROI
+3.0%
After renovation
Monthly Sales
29
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 9.6%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on E4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

New Road, Chingford E4
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