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Ashurst Drive, Ilford, IG2

London

£450,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1238 sqft

Description

This end-of-terrace home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. With three bedrooms, the layout is well-suited for families or as a rental investment. The open-plan lounge and kitchen/diner area offer a flexible space that can be reimagined to suit modern living preferences. Located conveniently close to Gant Hill and Cranbrook Road, this property benefits from easy access to local amenities and public transport options, making it an attractive choice for future tenants or homeowners. The first-floor bathroom is functional, while the exterior includes a driveway for front parking—an added convenience in this residential area. The property requires updating, providing a blank canvas for your vision. With potential scope for extending (subject to planning permission), there are numerous possibilities to enhance its value further. This is an ideal project for those willing to invest time and resources into creating a personalized living space or maximizing rental yields. Viewing is by appointment only, allowing prospective buyers to fully appreciate the opportunities this home has to offer.

Investment Analysis

(IG2 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£363/sq ft
Area Average
£478/sq ft
Avg Rent (weekly)
£404
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£650,396
10% above area average per sq ft
Potential ROI
+27.5%
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

Ashurst Drive, 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
£1,648
Based on a loan of £337,500 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

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