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Meadway, Ilford, London, IG3

London

£574,950
Listed on 09/11/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This mid-terraced freehold house features four well-proportioned bedrooms and two bathrooms, making it an appealing option for families or investors seeking rental opportunities. The property is conveniently located within a short walking distance to both Upney and Seven Kings Stations, providing easy access to public transport and local amenities. Inside, the home offers two spacious reception rooms that can adapt to various uses, whether for entertaining guests or creating a comfortable living space. The fitted kitchen provides a functional area for meal preparation, with potential for modernization or expansion depending on your vision. One of the standout features is the large private rear garden, which presents exciting possibilities for those interested in extending the property (subject to planning permission). This outdoor space not only enhances the overall appeal of the home but also serves as an ideal canvas for future renovations. Additionally, off-street parking adds a layer of convenience often sought after in urban settings. With its solid structure and prime location, this property holds considerable renovation potential. Investors looking to capitalize on growth in the area will find that this home could be transformed into a modern family dwelling while increasing its value over time.

Investment Analysis

(IG3 area)
Area Average
£457/sq ft
Avg Rent (weekly)
£435
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IG3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.6%
5 year growth: 12.4%
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

Meadway, Ilford, London, IG3
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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
£2,106
Based on a loan of £431,212 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