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44 Wellwood Road, Ilford, Essex IG3 - Image 1
44 Wellwood Road, Ilford, Essex IG3 - Image 2
44 Wellwood Road, Ilford, Essex IG3 - Image 3

44 Wellwood Road, Ilford, Essex IG3

London

£240,000
Listed on 17/04/2026

Property Details

Bedrooms
1
Type
Flat
Area
450 sqft

Description

This property represents a notable opportunity for those looking to invest in a well-situated home with significant room for enhancement. Benefiting from its own private outdoor space and off-road parking, this residence offers excellent access to transport links and local amenities, making it an ideal choice for first-time buyers or investors eager to increase value through personalized renovations. Set on a quiet residential street, the layout provides comfortable living areas while presenting ample potential for cosmetic updates throughout. The main living area is bright and airy, enhanced by patio doors that open directly onto the garden, promoting an inviting indoor-outdoor connection. The kitchen features a functional design with existing units and appliances but would benefit from modernization to truly reflect contemporary tastes. The well-sized bedroom includes a bay window that brings in additional natural light, contributing to a spacious feel. The bathroom is equipped with a three-piece suite, providing a solid foundation for upgrades. Overall, the property’s neutral aesthetic offers a blank canvas ready for personal touches. Externally, the rear garden features both patio and planted areas with potential for landscaping or creating distinct entertainment spaces. The front of the property includes off-road parking—an asset in urban settings. Conveniently located near various shops, eateries, and excellent transport options including direct routes into Central London via local stations—as well as proximity to major roads like the A12 and North Circular—this home is well-placed for easy daily living. Nearby green spaces and reputable schools enhance its appeal as both a practical residence or investment opportunity.

Investment Analysis

(IG3 area)

Above Market Value

This property is priced +18.2% above area average per sq ft

+18.2%
This Property
£533/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£223,369
10% above area average per sq ft
Potential ROI
-15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IG3)

Area prices are rising by +8.9% over the last 12 months
3 year growth: +5.9%
5 year growth: +15.6%
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

44 Wellwood Road, Ilford, Essex IG3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£850
Based on a loan of £180,000 over 30 years at 3.91% 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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