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Eastern Avenue, Ilford IG2 - Image 1
Eastern Avenue, Ilford IG2 - Image 2
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Eastern Avenue, Ilford IG2

London

£950,000
Listed on 09/10/2024

Property Details

Bedrooms
5
Type
Semi-detached house

Description

This expansive 5-bedroom home presents a unique opportunity for those interested in renovation and investment within the sought-after Newbury Park area. The property boasts generous living spaces and modern amenities, making it an ideal canvas for personal touches or strategic improvements. Each of the five bedrooms is thoughtfully designed, providing ample space that can easily be reconfigured for various needs—whether as home offices, play areas, or guest rooms. The presence of five bathrooms—including two en-suites—adds convenience for families and guests alike. The en-suite bathrooms feature contemporary finishes, while additional bathrooms ensure that there is no shortage of facilities during busy times. The open-plan through lounge welcomes natural light from both ends, creating a warm atmosphere that encourages social gatherings. This spacious area can serve as a focal point for family life and entertaining guests. A large kitchen diner further enhances the home's functionality with high-quality countertops and integrated appliances. Its direct access to the garden invites opportunities for seamless indoor-outdoor living. The rear garden is plentifully sized, offering potential for landscaping projects or outdoor enhancements tailored to personal taste. Additionally, the property features an impressive outbuilding equipped with bi-fold doors that enhance its versatility. With its own bathroom, this space could easily function as a guest suite, home office, studio, or fitness area—making it suitable for various lifestyles. A beautiful conservatory adds another layer to the living space. This area extends enjoyment of the garden year-round and serves multiple purposes—from cozy relaxation spots to vibrant dining areas filled with natural light. The private driveway provides convenient off-street parking and contributes to the property’s overall appeal. Located in a vibrant neighborhood close to quality schools, local shops, and cafes, this home offers both comfort and practical benefits. Commuters will find easy access to Newbury Park Station on the Central Line as well as proximity to major roadways like the A12. This property not only accommodates modern family life but also presents substantial potential for renovation or investment; with thoughtful upgrades, it could transform into an even more valuable asset in this desirable location.

Investment Analysis

(IG2 area)
Area Average
£481/sq ft
Avg Rent (weekly)
£412
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£95,000 - £237,500
10-25% of property value
Monthly Sales
8
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IG2)

Area prices are rising by +5.2% over the last 12 months
3 year growth: -1.9%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on IG2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Eastern Avenue, Ilford IG2
Map showing location of Eastern Avenue, Ilford IG2
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