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See how verdicts work3-bedroom semi-detached house · IG1 3SE
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £680,000 - £700,000 Situated on Wanstead Lane in North Ilford, overlooking Frenford Clubs and within approximately a 10-minute walk of Gants Hill Underground Station (Central line), is this well-presented three-bedroom semi-detached house.
The property offers well-arranged accommodation comprising a bright entrance hallway, two reception rooms and a modern fitted kitchen with Amtico flooring to the ground floor.
The front reception room enjoys plenty of natural light together with open views across the road, while the rear reception room features original leaded stained-glass panels and patio doors opening onto the rear garden.
To the first floor are three well-proportioned bedrooms and a spacious family bathroom fitted with a bath with overhead shower, wash hand basin and WC.
The principal bedroom benefits from window shutters, whilst a further double bedroom overlooks the rear garden. The third bedroom provides useful fitted storage.
Externally, the property enjoys an approximately 70ft enclosed rear garden with a patio seating area, contemporary decking and established planting, including a mature maple tree, creating a pleasant outdoor space.
Side access leads to the front, where there is off-street parking for multiple vehicles.
There is also scope to extend the property, subject to the necessary planning permissions, offering buyers the opportunity to further enhance the home.
The property is conveniently located for Ilford town centre, which offers a wide range of shops, supermarkets, cafés and restaurants.
Valentine's Park is also nearby, providing landscaped gardens, sports facilities and lakeside walks.
Gants Hill Underground Station (Central line) is within approximately a 10-minute walk, while Ilford Station (Elizabeth line) provides direct services to Stratford, London Liverpool Street and beyond.
A selection of local schools, bus routes and everyday amenities are also within easy reach, making this an excellent location for families and commuters alike.
Council Tax: London Borough of Redbridge Tax Band E – £2,804.49 per annum (2026/2027) EPC Rating: E Reception (4.70m x 4.29m) Reception (4.70m x 3.61m) Kitchen (3.40m x 2.79m) Bedroom (4.70m x 4.19m) Bedroom (3.61m x 3.40m) Bedroom (3.51m x 3.00m) Bathroom (2.79m x 2.21m) Rear Garden (21.41m x 7.80m) Parking - Off Street Disclaimer Purchasers are advised to obtain independent legal advice regarding planning, building regulations, alterations, tenure, lease information (where applicable), fixtures and fittings, and all aspects of the property.
Payne & Co have not tested appliances, services or systems. Measurements are approximate, floor plans are for guidance only and photographs provide a general impression.
Aml checks are required for all buyers and sellers in accordance with hmrc regulations and are securely carried out by Coadjute.
Following acceptance of an offer, buyers will receive a link to complete biometric identity verification.
A non-refundable fee of £54 (including VAT) per person is payable directly to Coadjute before a Memorandum of Sale can be issued.
Payne & Co may introduce third-party providers and may receive a referral fee if you choose to proceed. You are under no obligation to use these services.
For further information, please contact Payne & Co.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 62 Wanstead Lane, Ilford
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