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Forster Close, Woodford Green IG8

London

£550,000

Listed on 17/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
934 sqft

Description

This three-bedroom mid-terrace property encompasses approximately 934 square feet of living space and features a desirable private driveway capable of accommodating two vehicles. The generous rear garden, measuring around 33 feet, presents an appealing area for outdoor activities or potential landscaping projects. Located under half a mile from Highams Park station, the home offers excellent transport links while being close to the scenic expanses of Epping Forest and Highams Park Lake. With no onward chain, this residence represents a straightforward opportunity for buyers looking to invest and customize their new home. Upon entering, you are welcomed by a hallway that leads into a functional kitchen outfitted with light wood cabinetry and ample workspace. A convenient downstairs WC adds to the practicality before transitioning into the reception room – a bright, spacious area suitable for relaxation and dining. Thoughtful storage solutions are evident throughout the house, including converted understairs storage and a sizeable cupboard adjacent to the reception room. The conservatory enhances the living space by connecting seamlessly to the garden. Outside, the extensive garden is already set up for enjoyment with decking and lawn areas but has great potential for further development or extension (subject to planning permissions). On the upper level, three well-proportioned bedrooms surround a central landing. The main bedroom stands out with its walk-in wardrobe and additional built-in storage options. The other two bedrooms provide flexibility for various uses like guest rooms or home offices, complemented by more built-in storage to keep spaces tidy. A well-presented family bathroom completes this floor. Notable local amenities include the Royal Oak pub and Stag & Lantern Micropub, both popular spots for socializing within your new neighborhood. Additionally, families will appreciate access to several highly rated schools in proximity as well as numerous cycling paths in nearby Lea Valley and Epping Forest. This property holds significant renovation potential—ideal for those looking to add value through upgrades or reconfiguration.

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Investment analysis

(IG8 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£589/sq ft
Area Average
£546/sq ft
Avg Rent (weekly)
£456
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£561,012
10% above area average per sq ft
Potential ROI
-4.9%
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
11%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +4.0%
5 year growth: +8.7%
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

Forster Close, Woodford Green IG8
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 over 30 years at 4.45% 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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