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Brook Road, Ilford, IG2

London

£550,000
Listed on 29/01/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1223 sqft

Description

This four-bedroom terraced house in Ilford presents a substantial opportunity for families looking to enhance their living space. With dual reception rooms and three bathrooms already in place, the property is primed for modernization according to personal tastes. The kitchen is functional yet could benefit from updating, offering potential to create an open-plan layout that suits contemporary lifestyles. Additional development opportunities may exist with extensions, subject to local planning permissions. Situated in a residential area, this property is conveniently located near local shops, cafes, and essential services. Families will appreciate the proximity to several schools and nearby parks that provide recreation options. Commuting is eased by access to public transport through Newbury Park Underground station and Ilford mainline/Elizabeth line services, enabling quick journeys into central London within 20–30 minutes. With practical road connections to the A12 and A406, this home not only offers a solid structural base but also significant potential for future improvement and expansion.

Investment Analysis

(IG2 area)

Below Market Value

This property is priced -4.2% below area average per sq ft

-4.2%
Potential saving
This Property
£450/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£452
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£631,551
10% above area average per sq ft
Potential ROI
+5.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (IG2)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -8.2%
5 year growth: +1.5%
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

Brook Road, Ilford, IG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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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