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Torquay Gardens, Ilford, IG4

London

£500,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1307 sqft

Description

This extended three-bedroom family residence offers a significant opportunity for those looking to invest in a property that requires complete renovation. The generous through lounge provides ample living space, while the extended kitchen area presents additional potential for customization. With side access and off-street parking available, this home is ideally situated in a well-regarded residential area. The possibility to extend further (subject to planning permission) adds to its appeal. Conveniently located near Redbridge Central Line Station (Zone 4) and Ilford Crossrail station, commuting into London is straightforward. Families will appreciate being within the catchment areas for reputable schools such as Redbridge Primary and Beal High School, along with easy access to local shops and parks. This property is perfect for investors or families eager to create a bespoke living space tailored to their needs, making it a valuable project in a prime location.

Investment Analysis

(IG4 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£383/sq ft
Area Average
£473/sq ft
Avg Rent (weekly)
£390
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£679,816
10% above area average per sq ft
Potential ROI
+15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (IG4)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -3.5%
5 year growth: +4.2%
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

Torquay Gardens, Ilford, IG4
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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
£1,784
Based on a loan of £375,000 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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