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Perth Road, Ilford

London

£575,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1228 sqft

Description

This three-bedroom family residence near Gants Hill Station presents a significant opportunity for renovation and personalization. Being sold chain-free, it offers an inviting canvas for buyers looking to infuse their style into a spacious layout. The property includes three sizable bedrooms on the first floor, along with a shower room and separate WC, creating a functional living space while leaving ample scope for enhancements such as a loft conversion (subject to planning permission). On the ground floor, you'll find an entrance hall leading to two generous reception rooms and a kitchen/breakfast area, all of which are well-proportioned and adaptable to modern living. The home is livable but does invite improvements—ideal for those wanting to establish their dream home. With potential for an additional six-meter rear extension (subject to planning), the layout encourages creativity in maximizing its space. The exterior features a substantial 70ft garden that requires some tender care but has tremendous potential for outdoor enjoyment or even the establishment of a home office. Additionally, off-street parking accommodates two vehicles conveniently. Situated in a highly accessible location with excellent transport links and schools nearby, this property is perfect for families or investors aiming to create value through thoughtful refurbishment.

Investment Analysis

(IG2 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£468/sq ft
Area Average
£478/sq ft
Avg Rent (weekly)
£404
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£645,142
10% above area average per sq ft
Potential ROI
+1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IG2)

Area prices are falling by +4.2% over the last 12 months
3 year growth: -8.4%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on IG2 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

Perth 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
£2,106
Based on a loan of £431,250 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