Dacre Gardens, Chigwell IG7
London
£650,000
Listed on 22/09/2026
Listed on 22/09/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
1071 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached bungalow has a flexible single-storey layout, with a spacious hallway connecting the principal rooms. The accommodation includes a living room with patio doors to the rear garden, a kitchen/diner with its own garden access, three bedrooms, a bathroom and a separate WC. A front garden, driveway and garage complete the property.
The house is positioned within walking distance of Chigwell and Grange Hill Central Line stations, as well as shops, cafés and other amenities around Brook Parade and Grange Hill. The listing notes scope to modernise and potentially extend, subject to the necessary planning permissions and approvals.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached bungalow has a useful project canvas: the visible rooms have dated finishes, the kitchen and bathroom are ready for updating, and the overgrown rear garden offers scope for clearance and improvement. The driveway, garage and generous garden add practical appeal, while the stated potential to extend is subject to planning and approvals.
On renovation economics, the quoted refurb range (£70,000) on top of the asking price brings all-in exposure close to £720,000, about 23% ahead of typical local benchmarks for this size. That is why the overall grade stays low; we have not forecast value after improvement.
Key opportunities
- Refresh the dated kitchen and bathroom as part of a coherent modernisation.
- Update the visible living and bedroom finishes, including flooring, wall coverings and lighting.
- Clear and improve the large rear garden, with the driveway and garage already providing useful off-street parking and storage.
Key risks
- The asking price is about 17% above the local average on a £/sqf basis, and the asking price plus the stated refurb range leaves the total outlay stretched against the local benchmark for this floor area.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
£
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%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,456
Based on a loan of £487,500 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.
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