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Merrivale Avenue, Ilford

London

£625,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Situated on the desirable Merrivale Avenue, this bungalow presents a unique renovation opportunity for both families and investors. With three spacious bedrooms and a large reception area, the property's substantial size provides ample room for creative enhancements. The off-road parking and garage present potential for expansion, subject to planning permission, or could serve as useful storage. Notably, the wider-than-average garden is a rare feature among double-fronted homes, adding to the property's appeal. Located within close proximity to Redbridge Station (0.6 miles), it offers convenient commuting options, making it attractive for young families and professionals alike. This property is in an area celebrated for its exceptional schools, enhancing its investment potential in a community-focused environment.

Investment Analysis

(IG4 area)
Area Average
£476/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (IG4)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +1.7%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on IG4 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

Merrivale 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
£2,254
Based on a loan of £468,750 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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