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Colvin Gardens, Ilford, IG6

London

£400,000
Listed on 09/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
350 sqft

Description

Located in the desirable Fairlop area, this mid-terrace house offers an excellent opportunity for renovation and investment. Featuring two generously sized reception rooms, the layout allows for flexible living arrangements or the potential to reconfigure spaces to enhance functionality. The property houses two good-sized bedrooms, appealing to both small families and working professionals seeking a serene home environment. A key feature is the modern bathroom, alongside a rear extension that has already increased living space but leaves room for further development with appropriate planning permissions. The expansive rear garden provides a blank canvas, perfect for those looking to create an outdoor retreat or simply enjoy a safe area for children. The convenience of off-street parking adds another layer of attractiveness, while the proximity to Claybury Park and Fairlop Station ensures that residents can enjoy green spaces and easy commuting options. Barkingside High Street is also within walking distance, offering various shops and amenities. This property stands as a promising investment opportunity in a vibrant community with strong transport links and local conveniences.

Investment Analysis

(IG6 area)

Above Market Value

This property is priced +135.6% above area average per sq ft

+135.6%
This Property
£1,143/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£483
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£186,725
10% above area average per sq ft
Potential ROI
-56.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (IG6)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +4.5%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on IG6 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

Colvin Gardens, Ilford, IG6
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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
£1,443
Based on a loan of £300,000 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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