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Fairway Gardens, ILFORD, Essex, IG1

London

£475,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1117 sqft

Description

This well-positioned mid-terrace house boasts three bedrooms and is conveniently located near the lively Ilford Lane, offering great potential for renovation and investment. The ground floor comprises two reception rooms, one featuring a distinctive bay window, a functional galley kitchen, and a bright conservatory that leads to a spacious rear garden—perfect for families or those who appreciate outdoor living. On the first floor, there are two generously-sized double bedrooms, with the master bedroom also enjoying a charming bay window. A single bedroom and a family bathroom complete this level. With ample scope for extension (subject to planning permission), this property is an excellent canvas for buyers looking to modernise and increase its value. Its competitive pricing reflects the need for updates, making it a strategic buy in this bustling area with immediate access to a vibrant selection of local shops, cafés, and eateries.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -5.0% below area average per sq ft

-5.0%
Potential saving
This Property
£425/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£386
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£550,028
10% above area average per sq ft
Potential ROI
+4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +8.6% over the last 12 months
3 year growth: +4.0%
5 year growth: +15.9%
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

Fairway Gardens, ILFORD, Essex, 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
£1,713
Based on a loan of £356,250 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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