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Lechmere Avenue, Chigwell IG7

London

£899,995
Listed on 05/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1607 sqft

Description

This semi-detached four-bedroom family home presents an opportunity for both comfortable living and potential enhancements in a highly desirable area. Conveniently located within walking distance of a central line station, this property is close to a variety of shops, restaurants, and amenities, making it ideal for family life. It also falls within a reputable school catchment area. Upon entering the property, you are greeted by a generous hallway that connects to various ground-floor rooms, including a guest cloakroom. The spacious lounge, measuring 15’7’’ X 14’1’’, features wood-effect flooring and modern spotlights, complemented by french doors leading out to the rear patio—an inviting setup for entertaining or relaxing. Adjacent to the lounge is a well-appointed kitchen equipped with essential integrated appliances and ample dining space; it also opens out onto the garden. The ground floor further includes a sizable dining room measuring 12’3’’ X 10’9’’, finished to high standards, alongside a bright study of 9’11’’ X 7’11’’ with built-in storage—perfect for those working from home. Moving upstairs, you’ll find four generously sized double bedrooms. The principal bedroom boasts its own en-suite shower room for added privacy. The remaining three bedrooms vary in size but all offer ample space for wardrobes and personal touches—a walk-in wardrobe space is currently utilized in one of them. Externally, there’s parking available for several vehicles on the paved driveway, which also features an electric vehicle charging point. You could easily install sliding gates if desired. A well-maintained rear garden offers a patio area and lawn space perfect for family gatherings or play. Additionally, there is potential to extend into the loft (subject to obtaining necessary planning permissions), presenting further investment possibilities with this already spacious home.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£560/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£609
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£918,232
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (IG7)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.7%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on IG7 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

Lechmere Avenue, Chigwell IG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,188
Based on a loan of £674,996 over 30 years at 3.91% 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.

Stamp Duty Calculator

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