4 Bed Detached House, Refurb/BRRR, Chigwell, IG7 5BX, £750,000

26 St Marys Way, Chigwell, Essex, IG7 5BX - 6 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 4%
158 m²
+15 photos

ValuationFair Value

Sold Prices£527K - £1.8M
Sold Prices/m²£4.4K/m² - £9.2K/m²

 

 

Square Metres

158 m²
Price/m²£4.7K/m²

Value Estimate

£757,500

 

 

End Value (After Refurb)

£906,192

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£48,700

Refurb Costs

£83,610

Bridging Loan Interest

£19,688

Total Cash In

£341,248

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£906,192

Mortgage (After Refinance)

£679,644

Mortgage LTV

75%

Cash Released

£117,144

Cash Left In

£224,104

Equity

£226,548

Rent Range

£1,950 - £15,496

Rent Estimate

£5,078

Running Costs/mo

£3,867

Cashflow/mo

£1,211

Cashflow/yr

£14,527

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £527K to £1.8M, average is £725K. £4.4K/m² to £9.2K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£690K04/210.02 mi4, St Marys Way, Chigwell, Essex IG7 5BX4
£700K07/220.02 mi1, St Marys Way, Chigwell, Essex IG7 5BX4
£700K06/210.09 mi12, Emmaus Way, Chigwell, Essex IG7 5BY4
£650K01/210.09 mi6, Emmaus Way, Chigwell, Essex IG7 5BY4
£705K01/210.09 mi22, Emmaus Way, Chigwell, Essex IG7 5BY4
£642K11/200.11 mi36, Ely Place, Woodford Green, Essex IG8 8AG4
£661K06/210.14 mi95, Turpins Lane, Woodford Green, Essex IG8 8BA4
£565K04/210.16 mi32, Love Lane, Woodford Green, Essex IG8 8BB4
£725K06/210.19 mi12, Grovewood Place, Woodford Green, Essex IG8 8PX4
£568K02/210.28 mi11, The Childers, Woodford Green, Essex IG8 8EN4
£1.3M05/210.29 mi11, Audleigh Place, Chigwell, Essex IG7 5QT4
£527K04/210.38 mi9, Purleigh Avenue, Woodford Green, Greater London IG8 8DS4
£980K03/210.43 mi20, Rosebury Square, Woodford Green, Greater London IG8 8GT4
£710K06/210.43 mi36, Gwynne Park Avenue, Woodford Green, Greater London IG8 8AB4
£1.1M08/220.44 mi8, Lyndhurst Rise, Chigwell, Essex IG7 5BA4
£570K11/200.46 mi22, Gwynne Park Avenue, Woodford Green, Greater London IG8 8AB4
£1000K05/210.46 mi5, Tudor Close, Chigwell, Essex IG7 5BG4
£975K09/210.47 mi21, Brandesbury Square, Woodford Green, Greater London IG8 8GU4
£1.3M06/230.47 mi9, Brandesbury Square, Woodford Green, Greater London IG8 8GU4
£795K11/220.47 mi28, Purleigh Avenue, Woodford Green, Greater London IG8 8DU4
£575K10/200.47 mi11, Deacon Way, Woodford Green, Greater London IG8 8DF4
£1.6M11/220.47 mi205, High Road, Chigwell, Essex IG7 5BJ4
£710K01/210.48 mi6, Purleigh Avenue, Woodford Green, Greater London IG8 8DU4
£1.2M06/230.48 mi11, The Boulevard, Woodford Green, Greater London IG8 8GW4
£997.5K12/200.48 mi7, The Boulevard, Woodford Green, Greater London IG8 8GW4
£560K03/210.52 mi12, Cairns Avenue, Woodford Green, Greater London IG8 8DH4
£755K04/210.52 mi27, Chigwell Park Drive, Chigwell, Essex IG7 5BD4
£725K02/230.53 mi25, Morgan Way, Woodford Green, Greater London IG8 8DL4
£667.5K01/230.53 mi2, Davinia Close, Woodford Green, Greater London IG8 8DG4
£610K05/210.53 mi645, Chigwell Road, Woodford Green, Greater London IG8 8AJ4
£675K05/210.54 mi102, Luxborough Lane, Chigwell, Essex IG7 5AA4
£615K10/200.57 mi52, Owen Gardens, Woodford Green, Greater London IG8 8DJ4
£640.5K03/210.57 mi9, Owen Gardens, Woodford Green, Greater London IG8 8DJ4
£800K02/210.58 mi35, Coolgardie Avenue, Chigwell, Essex IG7 5AX4
£770K11/200.58 mi27, Coolgardie Avenue, Chigwell, Essex IG7 5AX4
£1.8M01/210.58 mi45, Stradbroke Drive, Chigwell, Essex IG7 5RA4
£1.0M06/210.6 mi7, Douglas Close, Ilford, Greater London IG6 2DB4
£1.0M06/210.6 mi7, Douglas Close, Ilford, Greater London IG6 2DB4
£562K02/210.6 mi28, Copthorne Avenue, Ilford, Greater London IG6 2SQ4
£533K03/210.61 mi16, Roding Lane North, Woodford Green, Greater London IG8 8NR4
£675K04/210.62 mi2, Burnett Road, Ilford, Greater London IG6 2DA4
£1.4M06/210.64 mi15, Great Owl Road, Chigwell, Essex IG7 6AL4
£1000K06/210.64 mi30, Dickens Rise, Chigwell, Essex IG7 6NY4
£1.0M05/230.64 mi23, Dickens Rise, Chigwell, Essex IG7 6NY4
£665K04/210.67 mi8, Roding Avenue, Woodford Green, Greater London IG8 8HZ4
£950K12/220.67 mi116, Hainault Road, Chigwell, Essex IG7 5DL4
£1.3M02/230.67 mi68, Hainault Road, Chigwell, Essex IG7 5DQ4
£1.1M02/210.67 mi22, Barnaby Way, Chigwell, Essex IG7 6NZ4
£870K01/210.69 mi78, Hainault Road, Chigwell, Essex IG7 5DH4
£985K12/200.69 mi96, Hainault Road, Chigwell, Essex IG7 5DH4

Local Rents

37 rents from £1.9K/mo to £15.5K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,80006/240.15 miWoodford Green , IG84
£15,49608/240.16 miForest Lane, Chigwell, Essex, IG77
£2,10006/240.2 miBrunel Road, Woodford Green, IG83
£3,75008/240.21 mi-5
£8,50005/240.25 miNew Forest Lane, Chigwell, Essex, IG77
£12,00004/240.25 miChigwell, IG77
£2,80004/240.28 miNew Forest Lane, Chigwell IG73
£12,00012/230.32 miManor Road, Chigwell, Essex, IG77
£12,00012/230.36 miManor Road, Chigwell7
£2,75001/250.4 mi-3
£2,75001/250.4 mi-3
£1,95004/240.43 miElmslie Close, Chigwell, Essex, IG83
£5,50007/240.44 miLyndhurst Rise, Chigwell, IG75
£5,50008/240.46 miLyndhurst Rise, Chigwell5
£3,50005/240.52 miOsborne House, Woodford Green, Essex, IG83
£3,00005/240.53 miRepton Park, Woodford Green, IG83
£2,75004/240.53 miRepton Park, Woodford Green, IG83
£2,99505/240.53 miRepton Park, Woodford Green, IG83
£2,99506/240.53 miRepton Park, Woodford Green, IG83
£2,80005/240.54 miDevonshire House, Woodford Green, IG83
£2,80007/240.54 mi-3
£2,50004/240.54 miStoneycroft Road, Woodford Green3
£2,50005/240.54 miStoneycroft Road, Woodford Green3
£2,35006/240.54 miStoneycroft Road, Woodford Green3
£3,00006/240.54 miChigwell, Essex, IG73
£3,50007/240.57 miCoolgardie Avenue, Chigwell5
£3,50006/240.58 miCoolgardie Avenue, Chigwell5
£2,75005/240.58 miRichmond Drive, Woodford Green, Greater London, IG83
£10,00007/240.6 miManor Road, Chigwell, IG77
£11,95006/240.6 miChigwell, IG77
£2,85007/240.61 miPark View, Chigwell, IG73
£2,00001/250.61 mi-3
£2,20001/250.62 mi-3
£2,20001/250.62 mi-3
£2,20001/250.62 mi-3
£2,20001/250.62 mi-3
£2,20001/250.62 mi-3

Local Area Statistics

Population in IG7

19,991

Population in Chigwell

19,996

Town centre distance

1.61 miles away

Nearest school

0.10 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £750,000

October 2, 2024

Sold for £715,000

2020

Sold for £468,000

2013

Sold for £122,500

1995

Floor Plans

Description

  • Guide Price £750,000 - £800,000 +
  • 4 Bedroom Detached House +
  • Immaculately presented to a High Specification Throughout +
  • Modern Kitchen with Neff Applicances +
  • En-Suite to Main Bedroom +
  • Stunning Lounge/Dining Area Measuring 24'4 x 15'5 +
  • Additional Study and Ground Floor W/C +
  • Separate Garage and Driveway +
  • Close to Sought After West Hatch School +
  • Positioned in a Quiet Cul-De-Sac close to Chigwell Station, Shops +

Guide Price £750,000 - 800,000 - Nestled in the serene St. Marys Way, Chigwell, this charming 4-bedroom detached house is a true gem, waiting to be discovered in its beautiful cul de sac setting.

Boasting a spacious reception room and separate study, 2 bathrooms, and a separate garage with a driveway, this property is the epitome of comfort and style.

Step inside to find a home finished to an impeccable standard, perfect for a family looking to settle in without the hassle of renovations. The main bedroom features a luxurious en-suite, while a ground floor W/C adds convenience to daily living. A dedicated study provides the ideal space for work or hobbies.

The heart of this home lies in its stunning kitchen, a culinary haven that will inspire your inner chef. The spacious open plan lounge and dining area offer a seamless flow, perfect for entertaining guests or simply relaxing with loved ones. The house is not short of space with ample storage throughout the house and a fully boarded loft.

Outside, there is a large south-facing garden, offering a tranquil retreat for sunny afternoons or al fresco dining. The proximity to West Hatch Secondary school, local shops, and Chigwell station ensures that convenience is always at your doorstep.

Don't miss the opportunity to make this exquisite property your own - book a viewing today and step into the lifestyle you've been dreaming of.

Bowden Bradley Estate Agents are the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Hallway -

Kitchen - 5.51m x 2.87m (18'1 x 9'5 ) -

Lounge/Dining Room - 7.42m x 4.70m (24'4 x 15'5) -

Study - 3.18m x 1.75m (10'5 x 5'9) -

Ground Floor W/C -

Landing -

Bedroom - 4.50m x 3.15m (14'9 x 10'4 ) -

En-Suite -

Bedroom - 3.45m x 2.95m (11'4 x 9'8 ) -

Bedroom - 3.20m x 1.75m (10'6 x 5'9 ) -

Bedroom - 2.49m x 2.34m (8'2 x 7'8) -

Bathroom -

Garden -

Garage And Driveway -

Agent Details

Bowden Bradley, Hainault

020 3907 7766

Next Steps?

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