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Geariesville Gardens, Ilford, IG6

London

£550,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1145 sqft

Description

This three-bedroom terraced house, located in the sought-after Ville Estate, presents a promising refurbishment opportunity for both families and investors. The property is being sold chain free and features two spacious reception rooms, a fitted kitchen, and a convenient ground floor cloakroom with shower facilities. The upper level accommodates three generously sized bedrooms alongside two bathrooms, effectively catering to modern family needs. Outside, the approximately 70-foot rear garden offers ample space for outdoor enhancements or landscaping, while off-street parking is an added convenience. Furthermore, there is potential for a garage to be constructed at the rear, subject to the necessary planning permissions. With proximity to Barkingside High Street and easy access to Gants Hill and Barkingside Central Line stations, this home benefits from both excellent local amenities and transport links. This property not only provides comfortable living but also stands as a solid investment for future capital growth through renovation.

Investment Analysis

(IG6 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£480/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£483
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£610,858
10% above area average per sq ft
Potential ROI
+3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (IG6)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +4.5%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on IG6 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

Geariesville Gardens, Ilford, IG6
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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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