Worst House on the Street Logo
Oaks Lane, Ilford - Image 1
Oaks Lane, Ilford - Image 2
Oaks Lane, Ilford - Image 3
Oaks Lane, Ilford - Image 4
Oaks Lane, Ilford - Image 5
Oaks Lane, Ilford - Image 6
Oaks Lane, Ilford - Image 7
Oaks Lane, Ilford - Image 8
Oaks Lane, Ilford - Image 9
Oaks Lane, Ilford - Image 10
Oaks Lane, Ilford - Image 11

Oaks Lane, Ilford

London

£550,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1106 sqft

Description

This three-bedroom terraced home presents a solid opportunity for those interested in renovation and investment. Situated in a desirable area of Newbury Park, the property is being offered with no onward chain, allowing for a straightforward transaction. With off-street parking and a spacious rear garden, there is ample outdoor space to enhance or redesign according to personal taste. The layout of the ground floor features a sizable through-lounge that provides versatile living options, along with a separate kitchen that opens directly onto the garden. Upstairs you'll find three well-proportioned bedrooms and a family bathroom, which could be modernized to create additional value. While some cosmetic updates are necessary, the house stands on a sound structural foundation and offers potential for future extensions or significant renovations (subject to planning permission). In terms of location, this home benefits from proximity to Newbury Park Station on the Central Line, ensuring convenient access to central London and beyond. Families will appreciate the closeness to reputable schools such as Seven Kings School and Aldborough Primary. The surrounding neighborhood is filled with local amenities including shops and supermarkets, alongside parks for outdoor activities. Additionally, major roadways like the A12, A406, and M11 are easily accessible from here, simplifying travel for both commuting and leisure. Overall, this property not only meets the needs of first-time buyers but also presents an attractive prospect for investors looking at long-term growth potential in a vibrant community.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +4.1% above area average per sq ft

+4.1%
This Property
£497/sq ft
Area Average
£478/sq ft
Avg Rent (weekly)
£404
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£581,048
10% above area average per sq ft
Potential ROI
+1.9%
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
9%
Properties sold annually

Local Market Trend (IG2)

Area prices are falling by +4.2% over the last 12 months
3 year growth: -8.4%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on IG2 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

Oaks Lane, Ilford
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE