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Wards Road, Ilford, IG2

London

£565,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
846 sqft

Description

This three-bedroom house presents a promising opportunity for renovation and investment, ideally situated within a short distance of key transport links including Newbury Park Station and Seven Kings Station. The property features a welcoming entrance hall that leads to a spacious lounge diner, complete with an attractive angle bay window and sliding doors opening to the garden. The separate kitchen, furnished with integrated appliances and ample storage, offers functionality alongside potential for modernization. Upstairs, you'll find three well-proportioned bedrooms, each benefiting from natural light through double-glazed windows. The first-floor bathroom is equipped with essential amenities and presents possibilities for updating to suit personal tastes. Fresh neutral decor flows throughout the home, creating a blank canvas for prospective owners. The outdoor space includes a private rear garden, offering both a patio area and room for creative landscaping or extension projects. Off-street parking is available at the front of the property, adding to its convenience. Located on Wards Road, this home is well positioned near local schools, shops, and supermarkets. With excellent transport options nearby—including access to Central London—this property holds significant appeal for families and commuters alike. Additionally, the potential to extend into the loft space or reconfigure existing layouts (subject to planning permission) makes this an exciting opportunity for those looking to invest in a property with room for growth. This chain-free offering invites you to explore its full potential.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +39.8% above area average per sq ft

+39.8%
This Property
£668/sq ft
Area Average
£478/sq ft
Avg Rent (weekly)
£404
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£444,455
10% above area average per sq ft
Potential ROI
-24.7%
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

Wards Road, Ilford, IG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,070
Based on a loan of £423,750 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.

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