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Roding Lane South, Ilford, IG4

London

£600,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1387 sqft

Description

This spacious semi-detached family home features three bedrooms and presents a significant opportunity for renovation and expansion. Located on a tranquil street in Redbridge, the property is primed for modernization, allowing prospective buyers to craft a contemporary living space tailored to their needs. The extensive rear garden, measuring approximately 50 feet, offers ample space for landscaping or potential extensions (subject to planning permission). A solid brick outhouse with existing power and water supply adds further versatility. Inside, the ground floor comprises two reception rooms with an open-plan lounge, a kitchen diner, and a bathroom equipped with a shower. The upper floor houses three bedrooms along with a separate toilet and bathroom. Furthermore, the loft area holds promise for conversion into an additional large bedroom with an en-suite (subject to planning permission). With its proximity to Redbridge Underground Station and local schools, this home is not only ideal for family living but also represents a strong investment prospect.

Investment Analysis

(IG4 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£433/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£422
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£714,943
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (IG4)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -1.2%
5 year growth: +11.0%
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

Roding Lane South, Ilford, IG4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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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