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Lodge Close, Chigwell IG7 - Image 1
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Lodge Close, Chigwell IG7

London

£900,000
Listed on 10/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Situated in a desirable cul-de-sac within Lodge Close, this four-bedroom detached home offers a significant opportunity for buyers interested in making their mark. The property is set on a spacious plot, providing the perfect canvas for refurbishment or potential expansion (contingent on obtaining necessary permissions). The interior includes a generously sized dual-aspect reception area, an expansive kitchen, and a separate dining room alongside a shower/WC and an inviting entrance hall. On the upper level, four ample bedrooms cater well to family living needs. While the home requires some modern updates to bring it up to contemporary standards, it benefits from a mature garden, private driveway, and detached garage—ideal features for families looking for space. This beloved family residence is available for sale for the first time in over fifty years, presenting a unique chance to invest in one of Chigwell's most attractive neighborhoods.

Investment Analysis

(IG7 area)
Area Average
£514/sq ft
Avg Rent (weekly)
£578
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IG7)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -10.7%
5 year growth: -8.6%
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

Lodge Close, Chigwell IG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,297
Based on a loan of £675,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE