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4 Spencer Road, Seven Kings, Ilford, IG3 8PW - Image 1
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4 Spencer Road, Seven Kings, Ilford, IG3 8PW

London

£325,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This freehold terrace house, located in a desirable residential area close to local amenities and transport links, presents an excellent opportunity for renovation and investment. The property is arranged over two floors, featuring three bedrooms on the first floor, while the ground floor comprises an entrance hall, living room, dining room, kitchen, and bathroom/WC. The front garden and large rear garden offer potential for outdoor enhancements or expansions. With a current requirement for modernisation throughout, there is significant scope to increase the property's value through improvements. Additionally, there may be potential for a loft conversion and a rear extension, subject to obtaining the necessary consents. This property is sold with vacant possession, making it ideal for an investor or homeowner eager to create their own vision in a sought-after location.

Investment Analysis

(IG3 area)
Area Average
£451/sq ft
Avg Rent (weekly)
£420
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
11
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IG3)

Area prices are rising by +8.9% over the last 12 months
3 year growth: +5.9%
5 year growth: +15.6%
Investment Disclaimer: Analysis based on IG3 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

4 Spencer Road, Seven Kings, Ilford, IG3 8PW
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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
£1,151
Based on a loan of £243,750 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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