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Applegarth Drive, Ilford, IG2

London

£550,000

Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
881 sqft

Description

Nestled on the highly desirable Applegarth Drive in Newbury Park, this semi-detached three-bedroom home presents an exciting opportunity for those seeking to invest in a property with considerable further development potential. The residence boasts a dropped kerb allowing off-street parking for up to two vehicles, along with a generously-sized private rear garden that adds value for outdoor pursuits or future landscaping projects. Inside, the expansive 27ft through lounge serves as a versatile living and dining space, complemented by a functional kitchen. The first floor comprises three bedrooms along with a family bathroom. Importantly, there’s significant scope to enhance the property further through a rear extension and/or loft conversion, subject to obtaining the necessary planning permissions. Conveniently located near local schools, transport links, and shopping amenities, this home is ideally situated for families or investors looking for renovation opportunities in London’s competitive housing market. A viewing is strongly encouraged to fully appreciate its potential.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +32.0% above area average per sq ft

+32.0%
This Property
£624/sq ft
Area Average
£473/sq ft
Avg Rent (weekly)
£408
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£458,433
10% above area average per sq ft
Potential ROI
-23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (IG2)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -0.7%
5 year growth: +0.7%
Investment Disclaimer: Analysis based on IG2 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

Applegarth Drive, Ilford, IG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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