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Oaks Lane, Ilford IG2

London

£525,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1106 sqft

Description

This three-bedroom terraced house in the desirable area of Newbury Park presents a promising opportunity for those looking to enhance and personalize their living space. With no onward chain, it features a spacious rear garden and off-street parking, making it an attractive prospect for both first-time buyers and investors alike. The ground floor offers a large through-lounge and a kitchen that opens directly to the garden, while the upstairs comprises three well-sized bedrooms along with a family bathroom. Although the home requires cosmetic upgrades, it is structurally sound and holds great potential for refurbishment or possible extension, subject to planning permissions. Its prime location near Newbury Park Station provides essential transport links into central London, while local amenities, including schools and parks, create a convenient lifestyle.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£475/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£571,498
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IG2)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -7.9%
5 year growth: -3.5%
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

Oaks Lane, Ilford IG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,859
Based on a loan of £393,750 over 30 years at 3.91% 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

Price History

-8.7% since listed
£525,000£40,000(-7.1%)
11/02/2026
Current price
£565,000+£15,000(+2.7%)
02/09/2025
£550,000£25,000(-4.3%)
30/08/2025
£575,000Initial listing
22/07/2025

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