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Great Oaks, Chigwell IG7

London

£850,000
Listed on 10/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1482 sqft

Description

Set in a desirable cul-de-sac location, this substantial four-bedroom detached home presents a prime opportunity for renovation and investment. Covering 1,482 square feet, the property offers spacious living areas that can be transformed to suit modern family needs. The welcoming through lounge and functional kitchen, complete with a utility room, provide a solid foundation for upgrades. There is an additional downstairs WC that could easily be incorporated into an expansion plan, subject to planning permission. The four well-sized bedrooms include a master suite with its own ensuite bathroom, providing ample accommodation options. Outside, the south-west facing garden is well-kept and presents potential for landscaping or further extension. With off-street parking for multiple vehicles plus a garage, this home meets practical requirements while also being just a short stroll from Grange Hill Central Line station and local amenities, making it an attractive proposition for both families and investors looking to make their mark in the Chigwell area.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +11.6% above area average per sq ft

+11.6%
This Property
£574/sq ft
Area Average
£514/sq ft
Avg Rent (weekly)
£578
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£838,167
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Great Oaks, 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
£3,114
Based on a loan of £637,500 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