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Pelham Road, Ilford

London

£485,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terrace house offers a promising opportunity for renovation, situated in a strategic location close to Seven Kings, Ilford, and Goodmayes train stations. Its proximity to public transport, local schools, and various amenities makes it an appealing choice for families or investors looking for rental potential. The ground floor features a lounge that leads into a kitchen and dining area, complemented by an additional reception room and a convenient shower room with a WC. The layout offers versatile living spaces that can be refreshed to meet modern standards. Upstairs, the home includes a master bedroom along with two additional spacious bedrooms and a family bathroom—each room offering ample potential for cosmetic updates. Outdoor space includes a rear garden that enhances the property’s appeal, while shared gated access opens up possibilities for further development. The property stands out due to its generously sized rooms and solid foundation, making it ideal for those interested in extending or renovating (subject to planning permission). With the vibrant Ilford Town Centre within easy reach, this property not only serves as a comfortable family home but also presents significant investment potential in an area experiencing growth. Whether you are looking to create your dream residence or capitalize on rental opportunities, this house provides the necessary framework to make your vision a reality.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Pelham 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
£1,777
Based on a loan of £363,750 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