5 Bed Terraced House, Refurb/BRRR, Ilford, IG1 3EH, £750,000

Endsleigh Gardens, Ilford, IG1 3EH - 5 months ago

Sold STC
Refurb/BRRR
~193 m²
+12 photos

ValuationFair Value

Sold Prices£268K - £1.5M
Sold Prices/m²£2.2K/m² - £9.7K/m²

 

 

Square Metres

~193.40 m²
Price/m²£3.9K/m²

Value Estimate

£757,500

 

 

End Value (After Refurb)

£976,289

Uplift in Value

+30%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£63,700

Refurb Costs

£102,315

Bridging Loan Interest

£19,688

Total Cash In

£374,952

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£976,289

Agent Fees (1%)

£9,763

Bridging Loan

£562,500

Bridging Loan Interest

£19,688

Flip Profit

£29,073

Local Sold Prices

30 sold prices from £268K to £1.5M, average is £680K. £2.2K/m² to £9.7K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£801K03/230.1 mi56, Seymour Gardens, Ilford, Greater London IG1 3LP5
£960K02/230.1 mi38, Seymour Gardens, Ilford, Greater London IG1 3LP5
£486K06/210.14 mi76, The Drive, Ilford, Greater London IG1 3HZ5
£665K06/210.21 mi66, Clarendon Gardens, Ilford, Greater London IG1 3JW5
£585K04/210.26 mi114, Wanstead Park Road, Ilford, Greater London IG1 3TN5
£850K03/220.29 mi5, Rochester Gardens, Ilford, Greater London IG1 3LZ5
£810K01/210.38 mi5, Canterbury Avenue, Ilford, Greater London IG1 3NA5
£660K06/230.4 mi44, St Georges Road, Ilford, Greater London IG1 3PQ5
£670K06/210.43 mi268, Wanstead Park Road, Ilford, Greater London IG1 3TT5
£660K10/200.46 mi40, Canterbury Avenue, Ilford, Greater London IG1 3NE5
£735K05/230.53 mi16, Peterborough Gardens, Ilford, Greater London IG1 3NH5
£612.5K02/210.54 mi14, St Edmunds Road, Ilford, Greater London IG1 3QL5
£945K01/210.56 mi107, Canterbury Avenue, Ilford, Greater London IG1 3NG5
£715K01/210.61 mi92, Wanstead Lane, Ilford, Greater London IG1 3SE5
£842.5K06/210.7 mi15, Stonehall Avenue, Ilford, Greater London IG1 3SH5
£665K12/220.7 mi26, Castleview Gardens, Ilford, Greater London IG1 3QB5
£842.5K06/210.7 mi15, Stonehall Avenue, Ilford, Greater London IG1 3SH5
£620K03/210.71 mi10, Christchurch Road, Ilford, Greater London IG1 4QY5
£730K05/230.72 mi11, Wakefield Gardens, Ilford, Greater London IG1 3SJ5
£268K03/230.76 mi94, Auckland Road, Ilford, Greater London IG1 4SG5
£500K06/210.8 mi7, Lonsdale Crescent, Ilford, Greater London IG2 6DE5
£570K10/210.91 mi33, Bedford Road, Ilford, Greater London IG1 1EJ5
£572.5K08/210.91 mi48, Royston Gardens, Ilford, Greater London IG1 3SY5
£840K02/230.92 mi39, Milton Crescent, Ilford, Greater London IG2 6DN5
£1.1M01/210.92 mi45, Herongate Road, London, Greater London E12 5EJ5
£690K02/210.93 mi67, Woodford Avenue, Ilford, Greater London IG2 6UR5
£610K08/220.93 mi156, Beehive Lane, Ilford, Greater London IG4 5EE5
£1.5M08/210.93 mi23, Empress Avenue, London, Greater London E12 5ET5
£1.5M08/210.93 mi23, Empress Avenue, London, Greater London E12 5ET5
£500K03/210.94 mi312, Balfour Road, Ilford, Greater London IG1 4HZ5

Local Rents

28 rents from £850/mo to £8K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£2,97512/240.1 mi-4
£2,75005/240.11 mi-4
£3,40004/240.12 mi-4
£2,97512/240.13 miSeymour Gardens, Ilford, Essex. IG14
£2,55002/250.23 mi-3
£3,40001/250.23 mi-4
£2,30002/250.23 mi-3
£1,60003/240.25 miEmpress Avenue, Ilford, IG13
£2,00004/250.28 mi-3
£2,40005/240.29 miWanstead Park Road, Ilford3
£3,50012/240.3 mi-6
£85012/240.3 mi-5
£2,50004/250.31 mi-3
£4,95004/250.33 mi-3
£2,30003/250.37 mi-3
£2,40005/240.38 mi-3
£2,35004/240.42 miGloucester Court, The Drive, Ilford IG13
£2,99505/240.44 miBethell Avenue, Valentines Park5
£2,70003/250.45 mi-3
£2,10004/240.51 miValentines Road, Ilford, Essex, IG13
£8,00004/250.52 mi-8
£2,00012/240.53 mi-3
£2,80002/250.53 mi-4
£2,65005/240.56 mi-3
£3,00005/240.57 miCranbrook Rise, Ilford, IG14
£3,00005/240.57 miCranbrook Rise, Ilford, Redbridge, Essex, IG14
£3,00003/250.61 mi-3
£2,90004/240.62 mi-4

Local Area Statistics

Population in IG1

63,569

Population in Ilford

181,468

Town centre distance

1.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Buyer's market

Capital growth (5yrs)

+28%

Property History

Listed for £750,000

November 12, 2024

Floor Plans

Description

Double Fronted House

4/5 Bedrooms

3 Receptions

Ground Floor W/C

Cellar

Rear Garden

Off Street Parking

In need of Complete Refurbishment

Bairstow Eves are pleased to offer for sale is this Double Fronted terraced house, located off The Drive, and conveniently located for Valentines Park and Ilford’s Elizabeth line.

On the ground floor there are three imposing reception rooms, a fitted kitchen and a W/C for convenience.

On the first floor the house boasts 4/5 bedrooms and a bathroom.

Although the property is in need of complete refurbishment this double-fronted property comes with the benefit of no onward chain and off-street parking. It is just waiting for the right person!

Please call our sales team for an appointment to view.

Agent Details

Bairstow Eves, Barkingside

020 3869 5975

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪