6-bedroom house · IG7 4NB
For saleReduced £15k (−2%) on 28 AugListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Non-traditional construction - bisf (british iron and steel federation home) Entering the property, there is A welcoming hallway leading to A bright reception room measuring 12'6" × 12'6" with double doors opening onto the kitchen/breakfast room, which measures 18'6" × 8'4" and offers ample fitted units and workspace.
A major advantage of this home is the self-contained unit, comprising A bedroom measuring 17'5" × 12'8" with en-suite, A kitchen/breakfast area 12'8" × 7'4", conservatory, and private courtyard garden.
The first floor comprises A large bedroom measuring 15'7" × 12'8" with an en-suite 12'7" × 5'5".
There are two further double bedrooms — 11'6" × 10'2" and 10'11" × 9'4" along with A well-presented family bathroom 7'11'' × 4'10".
The top floor offers two additional bedrooms with velux windows and eaves storage, measuring 115'9'' × 11'11'' and 11'11'' × 7'10'' respectively.
Externally the front driveway provides parking for several vehicles, with additional on-street parking available.
The rear garden is designed in A courtyard style with A paved patio area, providing A private and low-maintenance outdoor space.
There is also convenient side access leading to the front of the property.
Planning permission has been granted for substantial extensions to the rear, first floor, and second floor, providing an excellent opportunity to significantly increase the overall footprint and future value of the property.
Please contact john thoma bespoke estate agency to arrange to view this home on .
Council tax: Band: C (redbridge) Agent note: The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy, and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale, and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 47, Bearing Way, Chigwell
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