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Mill Lane, Chadwell Heath RM6

London

£500,000
Listed on 01/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1439 sqft

Description

This Victorian semi-detached home in Chadwell Heath represents a unique investment opportunity, offering significant potential for renovation and development. With four spacious bedrooms and three well-proportioned reception areas, the property holds the promise of transformation into a remarkable family residence. Retaining an array of original period features such as ornate fireplaces and intricate cornicing, it stands as a blank canvas for those eager to enhance its historic appeal while personalizing the layout to suit modern living needs. The generous loft space opens up possibilities for a loft conversion, while the ample grounds provide room for a rear extension, subject to planning permissions. This home is free from onward chain complications, allowing for flexible planning during renovations.

Investment Analysis

(RM6 area)

Below Market Value

This property is priced -22.9% below area average per sq ft

-22.9%
Potential saving
This Property
£347/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£713,255
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +0.6%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on RM6 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

Mill Lane, Chadwell Heath RM6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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