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Applegarth Drive, Ilford, IG2

London

£550,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
963 sqft

Description

This charming terraced house, available with no onward chain, offers a prime opportunity for those looking to invest in a property with significant potential for customization. Nestled in a well-connected area, this home benefits from easy access to the Central Line and nearby Fairlop Waters Country Park, striking an excellent balance between urban convenience and green space. The ground floor features two reception areas, providing flexibility for living arrangements or potential reconfiguration. A separate kitchen also opens up to the garden, presenting an ideal setup for outdoor dining or gardening enthusiasts. The first floor hosts three bedrooms alongside a contemporary family bathroom, making it suitable for families or as a rental investment. Externally, the private rear garden includes both patio and lawn spaces, perfect for relaxation or entertaining during warmer months. A dedicated driveway at the front adds valuable off-road parking. With local amenities such as shops, cafes, and restaurants within close reach, alongside easy transport links including the A12 and A406, this location is not only practical but also appealing for future tenants or homeowners. This property is ripe with potential (STP) for renovations that will enhance its value and livability further.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +20.7% above area average per sq ft

+20.7%
This Property
£571/sq ft
Area Average
£473/sq ft
Avg Rent (weekly)
£408
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£501,102
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (IG2)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -0.7%
5 year growth: +0.7%
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

Applegarth Drive, Ilford, IG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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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