Wanstead Park Road, Ilford
London
£500,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
1302 sqftFeatures
- Garden
- Parking
Description
This three-bedroom end-of-terrace house has a practical layout, a private garden, off-street parking and side access. The listing describes the property as requiring modernisation, offering scope for a buyer to update the accommodation to suit their needs. Ilford Station, with Elizabeth line services, is nearby, along with local amenities.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
61out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £500,000, this three-bedroom end-terrace is priced at £384/sq ft, around 14% below the local average—a genuine acquisition advantage for a buyer looking to add value. The dated interiors offer a clear medium-scale project: update the worn kitchen and bathroom, refresh decoration and flooring, and reclaim the overgrown rear garden. Off-street parking, side access and an apparently intact front elevation add to the appeal, with Ilford Station and Elizabeth Line connections nearby.
Visible staining and discolouration in several areas warrant investigation, and the roof could not be assessed from the available views. The renovation range is £48,000–£78,000; at the £63,000 midpoint, purchase plus works is £563,000 before fees, leaving a relatively slim 3.3% margin against the implied local average value. That comparison is not a renovated GDV, so the project’s eventual value will depend on the finished result and costs.
Key opportunities
- Replace the worn, dated kitchen and bathroom to give the home a more contemporary finish.
- Refresh decoration and flooring across the living areas and bedrooms.
- Clear and improve the overgrown rear garden, making better use of the private outdoor space.
Key risks
- Visible staining or discolouration in several areas needs investigation.
- The roof condition could not be assessed from the available photographs.
- Allow for a medium-scale works budget and programme, including interior updates and clearing the overgrown, debris-strewn garden.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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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