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Derwent Gardens, Ilford

London

£575,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1159 sqft

Description

This three-bedroom home features a well-structured layout with a generous living area, creating a comfortable environment for family living. A key highlight is the attached garage, offering substantial storage options or potential for conversion into additional living space. The property boasts considerable scope for expansion, allowing for custom enhancements (subject to obtaining necessary planning approvals). Its prime location is advantageous, with several reputable schools within walking distance, catering well to families. Additionally, convenience in commuting is notable with both Redbridge and Gants Hill Stations nearby, facilitating easy access to central London and beyond. This property not only serves as a comfortable residence but also as a promising investment opportunity for future development.

Investment Analysis

(IG4 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£496/sq ft
Area Average
£476/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£607,107
10% above area average per sq ft
Potential ROI
-1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (IG4)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -2.5%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on IG4 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

Derwent Gardens, 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
£2,106
Based on a loan of £431,250 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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