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Greenwood Gardens, Ilford, IG6

London

£325,000
Listed on 14/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
706 sqft

Description

This two-bedroom terraced house presents a noteworthy opportunity for those looking to undertake a comprehensive refurbishment project. Located in the sought-after area of Greenwood Gardens, the property requires extensive renovation throughout, allowing potential buyers to customize the space to their liking. It features a front driveway for off-street parking and a rear garden, adding to its appeal. The location is advantageous, being close to local amenities, schools, and transport links, making it ideal for families or investors looking for value in an up-and-coming area. This property is suited for individuals ready to take on a transformative project that will enhance its value significantly.

Investment Analysis

(IG6 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£460/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£483
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£376,651
10% above area average per sq ft
Potential ROI
-9.2%
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

Greenwood 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
£1,172
Based on a loan of £243,750 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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