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Netley Road, Ilford IG2 - Image 1
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Netley Road, Ilford IG2

London

£400,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
732 sqft

Description

This charming three-bedroom family residence, steeped in early 20th-century character, presents a fantastic opportunity for those looking to invest in a property with significant renovation potential. While currently in need of modernization, this home is a blank canvas awaiting the personal touches of its new owners. The layout consists of a spacious through lounge that flows into the kitchen and bathroom, while the upper floor hosts three generously sized bedrooms, offering ample space for family living. The rear garden is sizable and mainly laid to lawn, bordered by bushes and trees, providing endless possibilities for landscaping or outdoor enhancements. Located in a highly sought-after area, this property is just a short walk from Newbury Park Underground Station and boasts proximity to local amenities and excellent schools. With an EPC rating of 'C', it holds immediate rental appeal too. This property must be viewed to fully appreciate its location and investment potential.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£546/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£378,243
10% above area average per sq ft
Potential ROI
-15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IG2)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -7.9%
5 year growth: -3.5%
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

Netley Road, Ilford IG2
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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
£1,417
Based on a loan of £300,000 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.

Stamp Duty Calculator

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