Worst House on the Street Logo
Derwent Gardens, Ilford IG4 - Image 1
Derwent Gardens, Ilford IG4 - Image 2
Derwent Gardens, Ilford IG4 - Image 3
Derwent Gardens, Ilford IG4 - Image 4
Derwent Gardens, Ilford IG4 - Image 5
Derwent Gardens, Ilford IG4 - Image 6
Derwent Gardens, Ilford IG4 - Image 7
Derwent Gardens, Ilford IG4 - Image 8
Derwent Gardens, Ilford IG4 - Image 9
Derwent Gardens, Ilford IG4 - Image 10
Derwent Gardens, Ilford IG4 - Image 11
Derwent Gardens, Ilford IG4 - Image 12
Derwent Gardens, Ilford IG4 - Image 13
Derwent Gardens, Ilford IG4 - Image 14
Derwent Gardens, Ilford IG4 - Image 15
Derwent Gardens, Ilford IG4 - Image 16
Derwent Gardens, Ilford IG4 - Image 17
Derwent Gardens, Ilford IG4 - Image 18
Derwent Gardens, Ilford IG4 - Image 19
Derwent Gardens, Ilford IG4 - Image 20
Derwent Gardens, Ilford IG4 - Image 21
Derwent Gardens, Ilford IG4 - Image 22

Derwent Gardens, Ilford IG4

London

£575,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1159 sqft

Description

This three-bedroom home features a generous layout that offers ample living space, making it an ideal candidate for renovation. Notably, the property includes a garage, providing valuable storage options or potential for conversion. With significant scope for expansion through extensions (pending planning permission), this house stands out as a promising investment opportunity. Its location is advantageous for families, with local schools just a short walk away and excellent transport links via Redbridge and Gants Hill Stations on the Central Line nearby, facilitating easy commuting and access to the surrounding areas.

Investment Analysis

(IG4 area)

Above Market Value

This property is priced +4.9% above area average per sq ft

+4.9%
This Property
£496/sq ft
Area Average
£473/sq ft
Avg Rent (weekly)
£390
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£602,836
10% above area average per sq ft
Potential ROI
-3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Derwent Gardens, Ilford IG4
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,051
Based on a loan of £431,250 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

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.