2-bedroom house · IG7 5EU
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Chigwell team are pleased to present this excellent two-bedroom semi-detached home, ideally situated on one of Chigwell’s most sought-after turnings.
The property is within walking distance of Chigwell Central Line station, as well as the convenient local amenities at Brook Parade.
This well-maintained home has recently undergone recent modernisation and offers well-proportioned accommodation throughout.
The ground floor comprises a spacious entrance hall, a generously sized living room featuring an attractive bay window to the front and patio doors opening onto the rear garden, and a fitted kitchen with direct garden access.
To the first floor, the property offers two double bedrooms and a family bathroom. The property has just undergone o programme of redecoration and features new internal doors.
Externally, the property benefits from a good-sized rear garden complete with two sheds, as well as a front garden providing additional off-street parking.
Lechmere Avenue is conveniently located for both Chigwell and Grange Hill stations, offering excellent transport links into London.
The area is well served by a variety of shops, boutiques, cafés, and restaurants along Brook Parade and Manor Road.
Local amenities include Virgin Active Repton Park, Nuffield Health, Topgolf, and a selection of supermarkets such as Waitrose, M&S Foodhall, and Tesco Superstore.
The area also boasts a strong selection of well-regarded primary and secondary schools, both state and independent.
For motorists, the M25 (Junction 26), M11 (Junction 5 southbound), A406, and A12 are all easily accessible.
Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations.
It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted.
All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed.
Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 114, Lechmere Avenue, Essex
Explore nearby