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Portman Drive, Woodford Green IG8

London

£500,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1083 sqft

Description

Nestled in a tranquil residential street, this three-bedroom semi-detached house offers a wealth of potential for those seeking a renovation project. With vacant possession, this property is an ideal candidate for modernization and reconfiguration to fully realize its capabilities. The welcoming entrance hall leads to a spacious through-lounge dining area, which presents an excellent layout for both relaxation and social gatherings. Adjacent to this is a galley kitchen that connects to a utility room, providing useful access to the expansive rear garden.

On the first floor, you will find two generous double bedrooms along with a flexible box room that could serve as an office or cozy single bedroom, accompanied by a separate shower room. Although the home is primed for updates, it also boasts significant scope for expansion—subject to planning permissions—which could elevate its value considerably.

The rear garden extends over 60 feet and features tiered paved areas leading down to a lush lawn bordered by mature shrubs, ideal for further landscaping or outdoor living enhancements. Additionally, an attached garage with power and lighting allows for versatile storage options.

The front of the property features block paving that accommodates parking for two vehicles. Convenience is key here, as the home lies within walking distance of South Woodford station and local shops along George Lane. Excellent public transport links and major roadways like the A406 and M11 provide easy access into London. Furthermore, well-regarded primary and secondary schools are situated nearby, making this location appealing for families. Embrace the potential of this charming residence; early viewing is recommended to experience its possibilities firsthand.

Investment Analysis

(IG8 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£462/sq ft
Area Average
£548/sq ft
Avg Rent (weekly)
£448
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£653,368
10% above area average per sq ft
Potential ROI
+18.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +3.9%
5 year growth: +10.7%
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

Portman Drive, Woodford Green IG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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