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Wards Road, Ilford IG2

London

£450,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
858 sqft

Description

This three-bedroom semi-detached house located in Newbury Park, Ilford presents a solid investment opportunity for those looking to create their ideal home. The property features a spacious through lounge that opens onto a south-facing garden of approximately 30ft, perfect for outdoor living and potential landscaping projects. The ground floor includes a galley-style kitchen, alongside a practical WC. Upstairs, you'll find three bedrooms, two equipped with built-in wardrobes, in addition to a family bathroom that requires updating. Although the property is in need of modernization throughout, this offers buyers the chance to customize the space to meet their personal style and requirements. Additional highlights include off-street parking, side access to the rear garden, and a fully boarded loft accessible via a pull-down ladder. With no onward chain and proximity to local amenities, schools, and transport links including Newbury Park Underground Station providing quick access to central London, this home is well-suited for first-time buyers and investors alike who are seeking a project in a vibrant area.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +11.6% above area average per sq ft

+11.6%
This Property
£524/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£459
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£443,397
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (IG2)

Area prices are falling by -5.8% over the last 12 months
3 year growth: -11.6%
5 year growth: -4.2%
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

Wards Road, Ilford IG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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