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Princes Avenue, Woodford Green IG8

London

£1,150,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1421 sqft

Description

This three-bedroom linked detached family home is located in the desirable Monkhams Estate, presenting a unique opportunity for renovation and investment. The property features expansive living areas and a large front garden complemented by a driveway and garage, providing ample space for extension (subject to planning permission). Nestled on a tranquil, tree-lined road, it strikes a balance between serene living and proximity to essential amenities. Upon entering, the spacious entrance hall introduces the layout of this home. The ground floor comprises versatile living spaces, including a formal dining room with a bay window and a bright living room that offers views of the extensive rear garden. The kitchen provides sufficient workspace with an informal seating area that is perfect for daily use. A convenient ground floor W.C enhances functionality. On the first floor, there’s a generous landing that floods the area with natural light, leading to three well-proportioned bedrooms. The family bathroom and separate W.C add convenience for family life. Additionally, access to a loft room presents an opportunity for further customisation or development (subject to planning). The outdoor space includes a substantial lawned garden with a patio area suitable for outdoor entertaining. Parking is readily available on the large driveway, along with garage access which could offer additional potential for conversion. The location is prime within Monkhams Estate, known for its family-oriented atmosphere and stunning environment. It’s conveniently positioned near Woodford Central Line station for easy commutes into London, as well as having straightforward access to major motorways like the M11 and M25. The area boasts an excellent array of both state and private schools alongside numerous shops, cafes, and restaurants nearby, while green spaces such as Knighton Woods and Epping Forest are just moments away.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +47.7% above area average per sq ft

+47.7%
This Property
£809/sq ft
Area Average
£548/sq ft
Avg Rent (weekly)
£471
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£856,188
10% above area average per sq ft
Potential ROI
-28.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +5.7% over the last 12 months
3 year growth: +4.8%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on IG8 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

Princes Avenue, Woodford Green IG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,148
Based on a loan of £862,500 over 30 years at 4.06% 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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