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Mount Pleasant Road, Chigwell IG7 - Image 1
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Mount Pleasant Road, Chigwell IG7

London

£1,595,000
Listed on 17/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2718 sqft

Description

This detached residence is positioned on a corner plot in a highly sought-after area, offering significant potential for renovation or expansion (subject to planning permission). The property features multiple reception areas, including two spacious living rooms that provide direct access to an outdoor space, making it ideal for entertaining or family gatherings. The open-plan kitchen and dining area serve as a central hub, complemented by a utility room that enhances functionality. Upstairs, four sizable bedrooms await, with the master suite benefiting from an en suite bathroom. Built-in storage solutions are present in all bedrooms, assisting with organizational needs. While the family bathroom is well-appointed, modernizing this space could further elevate its appeal. The outdoor areas consist of meticulously landscaped gardens at both the front and rear, offering a tranquil setting. Notably, a versatile outbuilding styled as a log cabin includes a WC and could serve various purposes—ideal for home office use or recreational activities. This property boasts excellent transport links to Central London and is conveniently located near local amenities and well-regarded schools. Given its current condition and layout, this home presents an attractive opportunity for buyers looking to invest in a project with substantial upside potential.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +14.1% above area average per sq ft

+14.1%
This Property
£587/sq ft
Area Average
£514/sq ft
Avg Rent (weekly)
£578
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,537,206
10% above area average per sq ft
Potential ROI
-8.2%
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

Mount Pleasant Road, 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
£5,843
Based on a loan of £1,196,250 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