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Mayfair Avenue, Ilford

London

£650,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1244 sqft

Description

This three-bedroom terraced house presents a promising opportunity for renovation and investment. The property boasts a spacious reception area that allows ample natural light, alongside a separate kitchen/dining space that opens up to a private garden—ideal for outdoor enjoyment or further development. On the first floor, you will find three generously sized bedrooms and a family bathroom, offering significant potential for modernisation or reconfiguration. Additionally, the property includes a driveway providing off-street parking, which adds to its appeal. Situated on Mayfair Avenue in Ilford IG1, it is conveniently located near local amenities, schools, and parks while offering quick access to transport links such as the A12 and Ilford station for easy commuting into London. This location holds great promise for investors looking to enhance value through strategic renovations.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +17.0% above area average per sq ft

+17.0%
This Property
£523/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£377
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£611,196
10% above area average per sq ft
Potential ROI
-10.8%
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

Mayfair Avenue, Ilford
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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
£2,344
Based on a loan of £487,500 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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