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Fairway Gardens, Ilford IG1

London

£475,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1117 sqft

Description

This mid-terrace house features three bedrooms and is situated in a prime location near the bustling Ilford Lane. The property boasts two reception areas, one of which highlights a lovely bay window, along with a functional galley kitchen and a bright conservatory that opens to a generous rear garden, perfect for families or outdoor enthusiasts. On the first floor, you'll find two spacious double bedrooms—both benefiting from ample natural light—and a single bedroom complemented by a family bathroom equipped with a three-piece suite. This property holds significant renovation potential, offering room for modernization and possible extension (subject to planning permission). While it requires updating, this asset has been competitively priced reflecting its current condition, making it an attractive prospect for investors or those looking to create their ideal home. With immediate access to local shops and amenities on Ilford Lane, including boutiques and diverse eateries, this home presents both practicality and opportunity.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£425/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£549,290
10% above area average per sq ft
Potential ROI
+0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +5.0%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on IG1 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

Fairway Gardens, Ilford IG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 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.

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