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Green Lane, Ilford, IG1

London

£550,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1173 sqft

Description

This three-bedroom terraced house is located in a desirable area, presenting an ideal investment opportunity for those looking to refurbish and enhance a property. The home offers off-street parking and boasts two spacious reception rooms, which can be adapted for family gatherings or social events. The upper floor consists of three ample bedrooms along with a family bathroom, catering well to families or individuals needing additional space. Additionally, there is an office/study that can serve as a productive workspace or a quiet area for hobbies. An outbuilding is also part of the package, providing storage options or potential conversion into usable living space. While the property requires modernization, it provides a blank slate for buyers eager to remodel according to their own style and preferences. With convenient access to public transportation, quality schools, and numerous local amenities, this property holds significant promise for families and professionals alike. This unique blend of generous living space with renovation potential makes it an opportunity worth considering.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£469/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£377
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£576,312
10% above area average per sq ft
Potential ROI
-5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +8.2% over the last 12 months
3 year growth: +4.3%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on IG1 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

Green Lane, Ilford, IG1
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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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