5-bedroom detached house · IG8 0LQ
Sold STCListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £2,000,000 - £2,200,000 ******FOR SALE BY INFORMAL TENDER****** Lawlors are delighted to present this majestic and commanding family residence to the market by informal tender.
Homes of this calibre are rarely available, particularly within the open market.
By way of perspective, the property has remained in the stewardship of the same family for over five decades, underscoring its enduring appeal and exclusivity.
Situated within the highly sought-after Monkhams Estate—long regarded as one of Essex’s most prestigious residential enclaves—this substantial and distinguished home is expected to generate considerable interest among discerning purchasers.
The property provides generously proportioned accommodation of 4024sqft and offers an opportunity for the incoming buyer to improve the home to their own design, together with tremendous potential to extend the property, subject to obtaining the required permissions.
Another feature of the property is the corner plot approaching a quarter of an acre. Once inside the property there is a spacious entrance hall from where to greet friends and family.
The ground floor provides a generous sized sitting room, dining room, family room, and kitchen breakfast room.
There is also a utility room directly off the kitchen and a shower room accessed via the hall.
To the first floor are four bedrooms, a kitchenette, a family bathroom and en-suite to one of the bedrooms. Located to the second floor is a further bedroom and a study.
The frontage is gated and the drive offers off street parking together with access to the double length garage. At the rear the garden is laid to lawn with a raised patio area and adjacent greenhouse.
There is also a timber summer house. The property is conveniently placed for getting into London with Woodford Central Line station being within 0.2 miles.
A selection of shops at The Broadway catering for daily needs is also within 0.2 miles, with a Sainsbury’s, restaurants, hairdressers, Deli, and Grocery shop to name but a few.
Whilst more comprehensive shopping amenities can be found at Loughton High Street being 3.0 miles away.
Westfield Shopping Centre is only 7 miles away and for the energetic members of the family there is choice of leisure centres, a David Lloyd Centre is within 2.8 miles, and a Nuffield Health Centre being within 5.0 miles.
Woodford is also renowned for its education and is served by a selection of schools all with high reputations.
Forest walks, mountain biking and horse riding can be found in Epping Forest being 3.8 miles.
IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. LLO260002/1
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Monkhams Drive, Woodford Green, IG8
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