Worst House on the Street Logo
Balfour Road, Ilford, IG1 - Image 1
Balfour Road, Ilford, IG1 - Image 2
Balfour Road, Ilford, IG1 - Image 3
Balfour Road, Ilford, IG1 - Image 4
Balfour Road, Ilford, IG1 - Image 5
Balfour Road, Ilford, IG1 - Image 6
Balfour Road, Ilford, IG1 - Image 7
Balfour Road, Ilford, IG1 - Image 8
Balfour Road, Ilford, IG1 - Image 9
Balfour Road, Ilford, IG1 - Image 10
Balfour Road, Ilford, IG1 - Image 11

Balfour Road, Ilford, IG1

London

£600,000
Listed on 25/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1148 sqft

Description

This terraced house, situated in the desirable Commonwealth Estate, presents a unique renovation opportunity for those looking to invest in a property with significant potential. The versatile layout includes four bedrooms, making it suitable for families or individuals seeking extra space. A spacious through lounge serves as the heart of the home, perfect for both relaxation and entertaining guests. The kitchen is designed with practicality in mind, providing direct access to a conservatory that enhances the living space and offers a delightful area for year-round enjoyment. The upper level features four well-proportioned bedrooms; notably, bedroom four has an adjoining shower room, allowing for convenient use by guests or family members. Additionally, the ground floor benefits from a separate WC for added convenience. Outside, the property boasts off-street parking and a sizable rear garden measuring approximately 60ft. This outdoor space is well-suited for gardening enthusiasts or those looking to create an inviting leisure area. In terms of location, residents will appreciate the proximity to public transport links and reputable schools, as well as nearby green spaces like Valentines Park. These local amenities make it an attractive choice for families and offer solid long-term investment prospects. Overall, this property's combination of practical features and prime location provides an excellent foundation for renovation projects aimed at increasing value while meeting modern living standards. Early viewing is encouraged to explore how this home can be tailored to individual preferences and needs.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +16.8% above area average per sq ft

+16.8%
This Property
£523/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£380
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£564,850
10% above area average per sq ft
Potential ROI
-12.4%
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

Balfour Road, Ilford, IG1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE