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Lyndhurst Gardens, Ilford

London

£525,000
Listed on 05/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
947 sqft

Description

This three-bedroom terraced house, originally built in the 1930s, presents a unique opportunity for renovation and investment. Nestled close to Newbury Park Central Line Station, the property offers convenient transport links to Central London, making it an appealing choice for commuters. The ground floor features a spacious through lounge that serves as a comfortable family living area, complemented by a modern kitchen that has been recently updated. One of the standout opportunities here is the potential to extend the property; plans can be made for a rear extension of up to six meters (subject to planning permission), allowing for the creation of a substantial open-plan kitchen and living space. Upstairs, you'll find three well-sized bedrooms along with a family bathroom. The layout provides an excellent foundation for further development, including possibilities for a loft conversion—many neighboring homes have already successfully completed similar projects. While the home is in good condition and retains charming original elements such as picture rails and high ceilings, it also invites creative updates to elevate its appeal. Practical features like gas central heating and double-glazed windows enhance comfort and efficiency. Outside, there's off-street parking available at the front of the property. The low-maintenance rear garden leads to a sizable detached double garage that offers versatile options—it could serve as secure parking, additional storage space, or even a workshop. Accessing this garage is straightforward via a service road connecting Lancing Road and Glebelands Avenue. This property lies within a desirable catchment area for Seven Kings School, making it particularly suitable for families looking to grow into their next home while also considering future value increases through renovations. With its prime location and inherent potential, this property warrants early viewing for those interested in capitalizing on its many possibilities.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +15.2% above area average per sq ft

+15.2%
This Property
£554/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£412
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£52,500 - £131,250
10-25% of property value
Target Value
£501,370
10% above area average per sq ft
Potential ROI
-23.6%
After renovation
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

Lyndhurst Gardens, Ilford
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