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Cowley Road, Ilford

London

£625,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1554 sqft

Description

This expansive five-bedroom residence presents a unique opportunity for renovation enthusiasts and families looking to establish their ideal home. Located off Cranbrook Road in North Ilford, this property is offered chain-free, allowing for a smoother transition to ownership. Spanning two levels, the first floor features a well-designed layout with four bedrooms, a shower room, and a sizable landing that holds the potential for a loft conversion, pending planning approval. The ground floor enhances versatility with two generous reception areas, an additional bedroom, a second shower room, a separate kitchen space, and a lean-to utility room. While the interiors would benefit from some cosmetic enhancements to realize their full potential, they provide an excellent framework for personal customization. The outdoor area boasts approximately 40ft of garden space, perfect for family activities or entertaining guests. Additionally, there’s a timber outbuilding suited for storage or hobbies. Off-street parking at the front adds convenience to this already appealing package. Nestled near the scenic Valentines Park and well-connected through Ilford and Gants Hill Stations, this property also benefits from proximity to high-rated schools. This home truly embodies the potential for growth both in living space and investment value.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£402/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£377
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£763,504
10% above area average per sq ft
Potential ROI
+8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +8.2% over the last 12 months
3 year growth: +4.3%
5 year growth: +16.3%
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

Cowley Road, Ilford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,254
Based on a loan of £468,750 over 30 years at 4.06% 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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