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Portman Drive, Woodford Green, IG8

London

£500,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
402 sqft

Description

Located in the sought-after Woodford Green area, this terraced house on Portman Drive offers a solid foundation for families or first-time buyers looking to invest in their future. The property boasts three spacious bedrooms, providing ample room for daily living or potential redesign. A key highlight is the expansive loft area that presents an opportunity for extension (subject to planning permission), giving you the chance to customize your space—be it for additional bedrooms, a home office, or recreational areas. The house has been furnished and includes essential white goods, allowing for immediate occupancy without the need for extra purchases. This feature is especially advantageous for those eager to settle in without delay. Transport links nearby enhance accessibility to surrounding locales and central London, while a variety of shops and reputable schools within close proximity cater well to family needs, fostering a vibrant community atmosphere. In summary, this property not only serves as a comfortable residence but also as a canvas for future enhancement—making it an investment worth considering.

Investment Analysis

(IG8 area)

Above Market Value

This property is priced +127.4% above area average per sq ft

+127.4%
This Property
£1,244/sq ft
Area Average
£547/sq ft
Avg Rent (weekly)
£503
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£241,817
10% above area average per sq ft
Potential ROI
-55.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (IG8)

Area prices are rising by +8.8% over the last 12 months
3 year growth: +7.7%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on IG8 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

Portman Drive, Woodford Green, IG8
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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
£1,803
Based on a loan of £375,000 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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