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St. Marys Road, Ilford

London

£425,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Situated in the dynamic neighborhood of Ilford, this two-bedroom mid-terrace house presents a compelling opportunity for renovation and investment. The property features a well-lit reception area that fosters a comfortable setting, ideal for personalization. The layout includes two generously sized bedrooms, each designed to maximize space and light, along with a conveniently placed first-floor bathroom that enhances daily functionality for residents. The home is equipped with gas central heating and double glazing, which not only provide year-round comfort but also contribute to overall energy efficiency. A noteworthy aspect of this property is its potential for enhancement through a loft conversion, subject to planning approval. This feature could significantly increase the living space and overall value, appealing to both homeowners looking to create their dream residence and investors seeking ways to capitalize on their investment. Located near essential local amenities, schools, and convenient transport links, the property allows for easy access to daily necessities while fostering a sense of community. Whether you are envisioning your own home or exploring an investment opportunity in a growing market, this house offers both charm and considerable potential for future development.

Investment Analysis

(IG1 area)
Area Average
£447/sq ft
Avg Rent (weekly)
£380
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +14.5% over the last 12 months
3 year growth: 7.5%
5 year growth: 22.7%
Investment Disclaimer: Analysis based on IG1 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

St. Marys Road, Ilford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE