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Wellwood Road, Ilford

London

£800,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2239 sqft

Description

This spacious family home presents a unique opportunity for renovation and investment in a highly regarded area. Located near Goodmayes and Seven Kings stations, it offers easy access to central London while maintaining the charm of a residential community. The property features an inviting enclosed porch leading to a bright entrance hall, with two sizable reception rooms on the ground floor for versatile use—ideal for entertaining or family gatherings. While the kitchen is currently functional, it holds great potential for modernization, allowing future owners to create a contemporary cooking and dining experience. Additional practicality is provided by the utility room, ground floor shower room with WC, and useful cellar space. The first floor hosts four well-proportioned bedrooms with fitted wardrobes and a family bathroom. The generous landing area opens possibilities for a loft conversion or double-storey rear extension (subject to planning permission), catering perfectly to growing families seeking long-term accommodation. Outside, the well-tended rear garden features a patio area and lawn, providing ample space for relaxation and outdoor activities. A large outbuilding currently serves as a games room but could be adapted for various uses such as an office or studio. Off-street parking at the front and secure side access to the garden enhance the property’s family-friendly credentials. With reputable schools in proximity and local parks nearby, this home combines convenience with lifestyle appeal. While lovingly cared for by its current owners, this residence is ready for new occupants who wish to inject their own style and make it their own—a fantastic opportunity awaits those willing to invest in its transformation.

Investment Analysis

(IG3 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£357/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£414
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£1,123,206
10% above area average per sq ft
Potential ROI
+29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (IG3)

Area prices are rising by +9.6% over the last 12 months
3 year growth: +3.6%
5 year growth: +15.9%
Investment Disclaimer: Analysis based on IG3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Wellwood Road, Ilford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,885
Based on a loan of £600,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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