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Peaketon Avenue, Ilford, IG4

London

£650,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1524 sqft

Description

Located in the sought-after Redbridge area, this semi-detached bungalow on Peaketon Avenue offers a promising opportunity for both families and investors looking for a versatile property. Featuring three generously sized bedrooms and two reception areas, the layout presents flexible living options that can easily adapt to various lifestyle needs. The presence of two bathrooms enhances convenience, making it an ideal setting for family life or accommodating guests. One of the key highlights of this property is the expansive 30ft double garage, which not only ensures secure parking but also harbors significant potential for development—subject to securing planning permission. Additionally, off-street parking for one vehicle further adds to its appeal. The location, just 0.6 miles from Redbridge Station, facilitates easy commuting to central London, making it particularly attractive to professionals. Families will appreciate the proximity to reputed local schools within a community-oriented atmosphere. This bungalow not only combines space and comfort but also holds substantial renovation potential in a prime location—a rare offering that could serve as an ideal forever home or a profitable investment opportunity.

Investment Analysis

(IG4 area)

Below Market Value

This property is priced -10.4% below area average per sq ft

-10.4%
Potential saving
This Property
£427/sq ft
Area Average
£476/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£798,302
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (IG4)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -2.5%
5 year growth: 16.0%
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

Peaketon Avenue, Ilford, IG4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE