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Charter Avenue, Ilford, IG2

London

£550,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1062 sqft

Description

This three-bedroom family residence, situated in a desirable neighbourhood, presents an excellent investment opportunity for those looking to add their personal touch and enhance the property’s value through refurbishment. With a spacious 26ft through lounge that is perfect for gatherings, the layout offers flexibility for modern living. The separate kitchen invites creativity and customization, while a family bathroom and a separate W.C. provide functional amenities. The property also features off-street parking and a generous 75ft rear garden, ideal for outdoor activities or landscaping potential. While the home is centrally located with easy access to transport links such as Newbury Park Underground Station and Seven Kings Railway Station—facilitating quick commutes into Central London—it is also close to local shops and larger retail hubs including Romford Town Centre and Westfield Stratford. For recreational needs, nearby parks and Fairlop Waters Golf Course offer ample opportunities for leisure. This chain-free property stands as a promising canvas for families, first-time buyers, or savvy investors eager to maximise its potential in a thriving area.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£518/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£548,762
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IG2)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -7.9%
5 year growth: -3.5%
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

Charter Avenue, Ilford, IG2
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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
£1,948
Based on a loan of £412,500 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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