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Meadway, Ilford IG3

London

£700,000
Listed on 16/03/2026

Property Details

Bedrooms
4
Type
End Terrace
Area
1630 sqft

Description

This four-bedroom end-terrace house is positioned within the desirable Lord and Mellowdew Estate, offering excellent access to Seven Kings and Upney Stations, as well as various amenities and schools with 'Good' and 'Outstanding' ratings from Ofsted. The property boasts a generous 37-foot through lounge, an ample kitchen-diner, and a utility room/WC on the ground floor, complemented by an integral garage and a spacious rear garden. The first floor features three bedrooms, a family bathroom, and a fourth bedroom equipped with an en suite shower room. With opportunities for further expansion (subject to planning permissions), this home presents a compelling renovation project perfect for families seeking extra space or investors looking to enhance its value through improvements. The existing layout offers solid foundations but may benefit from modernisation throughout to maximize its potential.

Investment Analysis

(IG3 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£429/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£419
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£817,429
10% above area average per sq ft
Potential ROI
+9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (IG3)

Area prices are rising by +10.2% over the last 12 months
3 year growth: +5.8%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on IG3 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

Meadway, Ilford IG3
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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
£2,525
Based on a loan of £525,000 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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