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Colombo Road, Ilford, IG1

London

£550,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
883 sqft

Description

This end-of-terrace home presents a compelling opportunity for buyers interested in renovation and investment potential. With three generously sized bedrooms, the property is well-suited for families or first-time buyers looking to make their mark. The layout features a spacious through lounge that easily connects to a practical kitchen, making it functional for everyday living. Nestled within the desirable Commonwealth Estate, the property benefits from its proximity to local schools, parks, and essential amenities. This location not only enhances convenience but also signals strong demand, positioning it well for future appreciation in value. The surrounding green spaces provide an ideal setting for outdoor activities and relaxation. Importantly, there is significant potential for expansion. With appropriate planning permissions, buyers can consider extending both at the rear of the property and into the loft area. This flexibility allows you to create additional living space tailored to your needs. While the interior is comfortably presented and ready for immediate occupancy, the scope for personal touch and enhancement is evident. With its blend of location advantages and renovation possibilities, this home represents an intriguing prospect for those looking to invest in a space that can evolve with them over time. Viewings are encouraged to fully appreciate what this property has to offer in terms of both comfort and future potential.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +39.3% above area average per sq ft

+39.3%
This Property
£623/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£380
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£434,462
10% above area average per sq ft
Potential ROI
-25.7%
After renovation
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

Colombo Road, Ilford, IG1
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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
£2,015
Based on a loan of £412,500 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