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Wellwood Road, Ilford

London

£700,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This spacious double-fronted family home offers a promising canvas for renovation and personal expression, making it an excellent investment opportunity. With four bedrooms and a versatile layout, this property is ripe for transformation into a modern residence that meets the needs of contemporary family living. The ground floor features three generously sized reception rooms, providing ample space for both relaxation and entertaining. The kitchen and lean-to area present further potential for reconfiguration or expansion, allowing new owners to create a more open-plan living environment if desired. Additionally, the possibility of extending the ground floor increases its appeal, offering an opportunity to add even more usable space. Upstairs, you’ll find four well-proportioned bedrooms along with a shower room, providing comfortable accommodation for families. The landing area suggests possibilities for expansion into the loft (subject to planning permission), potentially allowing the addition of extra bedrooms or common areas that could enhance the property's value. Outside, the rear garden extends approximately fifty feet in length, providing a pleasant outdoor retreat that can be designed to suit a variety of activities and landscaping ideas. Off-street parking is available at the front for two vehicles, adding practicality to daily living. Situated in a desirable location, this property benefits from proximity to Goodmayes and Seven Kings Stations on the Crossrail network. This ensures quick connectivity to key destinations such as Liverpool Street and Stratford. Local bus routes provide easy access to Ilford and Romford town centers, which offer a range of shopping and recreational facilities. Families will appreciate being near several reputable primary and secondary schools, making this area particularly attractive to those looking for a family-friendly environment. Overall, this home represents not only an inviting living space but also significant potential for value enhancement through thoughtful renovations. Viewing is highly recommended to fully appreciate what this property has to offer.

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 - £60,000
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

Wellwood Road, Ilford
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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
£2,564
Based on a loan of £525,000 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