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Grove Road, London E4

London

£500,000
Listed on 24/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1541 sqft

Description

This four-bedroom semi-detached home on Grove Road in Chingford presents a substantial opportunity for renovation and personalisation. Spanning two floors, the property features two spacious reception rooms that offer flexible options for both daily living and entertaining. The small conservatory at the rear provides direct access to the garden, enhancing the indoor-outdoor flow. The existing kitchen, although functional, holds significant potential for expansion into a modern open-plan layout with the appropriate planning permissions, making it an exciting prospect for those looking to create a contemporary family space. Completing the ground floor are a conveniently placed bathroom and a generously-sized bedroom, perfect for guests or multi-generational living. On the first floor, you will find three additional bedrooms along with another bathroom to accommodate family needs effectively. An office space exists upstairs which can cater to remote work or study requirements. Externally, this property includes a private driveway and garage for off-street parking, as well as storage solutions. With options to convert the loft into additional living space (subject to planning), there is ample opportunity to increase the overall value of this home. Located in a desirable area of Chingford, this residence is within reach of local amenities, schools, parks, and transport links. Its proximity to recreational facilities like Nuffield Health Centre and several primary schools makes it an ideal choice for families looking to settle in a vibrant community while also being able to add value through thoughtful renovations.

Investment Analysis

(E4 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£324/sq ft
Area Average
£544/sq ft
Avg Rent (weekly)
£455
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£922,219
10% above area average per sq ft
Potential ROI
+70.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (E4)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +5.7%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on E4 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

Grove Road, London E4
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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
£1,771
Based on a loan of £375,000 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.

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