Baywood Square, Chigwell 2 bed apartment for sale

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Baywood Square, Chigwell 2 bed apartment for sale

Baywood Square, Chigwell
£185,000

Price History

Initial price £243,000
12/11/24 £233,000
01/02/25 £195,000
17/06/25 £185,000
Price Change -23.87%

Description

This charming property in Chigwell's sought-after Baywood Square area offers a fantastic opportunity for those looking to invest in a renovation project and good yield. With 608 sq ft of living space, including one reception room, two bedrooms, and one bathroom, this home provides a cozy and manageable space to make your own. The property boasts a lease remaining for 84 years, making it an attractive option for long-term investors, and an EPC rating of C ensures energy efficiency. Priced accordingly for a renovation project, this home presents the perfect canvas for personalization and design flair, with the potential for a 7%-9% yield. With a remaining lease of 84 years, ground rent of £10 per annum, and service charges of £1502.69, this property offers a lucrative return on investment and the chance to turn it into the home of your dreams.