Worst House on the Street Logo
Spearpoint Gardens, Aldborough Road North, Ilford IG2 - Image 1
Spearpoint Gardens, Aldborough Road North, Ilford IG2 - Image 2
Spearpoint Gardens, Aldborough Road North, Ilford IG2 - Image 3

Spearpoint Gardens, Aldborough Road North, Ilford IG2

London

£485,000

Listed on 17/06/2026

Property Details

Bedrooms
4
Type
End Terrace
Area
1249 sqft

Description

This end of terrace property presents a significant opportunity for renovation and investment in a desirable London neighbourhood. The home features four bedrooms split across two floors, complemented by two reception areas, a functional kitchen, and a guest WC. The first floor contains three spacious bedrooms along with a family bathroom, while the loft space on the second floor offers potential for conversion into additional functional living space. Externally, the substantial rear garden of approximately 79 feet not only provides outdoor space but also holds promise for converting to off-street parking via the rear access road. While currently requiring some modernization, this property is ideally located close to local amenities, schools, and transport links, making it an attractive option for families or investors looking to enhance its value through thoughtful renovations.

Investment Analysis

(IG2 area)

Below Market Value

This property is priced -17.7% below area average per sq ft

-17.7%
Potential saving
This Property
£388/sq ft
Area Average
£472/sq ft
Avg Rent (weekly)
£416
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£648,137
10% above area average per sq ft
Potential ROI
+21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IG2)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -2.5%
5 year growth: -4.5%
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

Spearpoint Gardens, Aldborough Road North, Ilford IG2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,832
Based on a loan of £363,750 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.