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Wellesley Road, Ilford

London

£625,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1429 sqft

Description

This spacious four-bedroom semi-detached home presents a compelling opportunity for renovation and investment, situated in a desirable area of Ilford. With three reception rooms and a generous layout, the property is ideally positioned for those looking to create a customized living space that reflects their personal style. Upon entering, you’ll find an entrance hall leading to three versatile reception rooms—each with ample proportions that allow for various uses. The kitchen, while functional, provides a fantastic starting point for reimagining your culinary space. There’s significant potential to expand this area further, particularly with the possibility of a rear extension (subject to planning permission), enabling the creation of an open-plan kitchen-diner that opens directly onto the garden. The first floor features four sizeable bedrooms and a family bathroom. The large landing space lends itself to the possibility of adding a loft conversion in the future, similar to many neighboring properties. This aspect not only increases living space but could also enhance the value of the home. The outdoor area includes off-street parking for two vehicles and a rear garden measuring approximately 50 feet—ideal for families or those who enjoy outdoor entertaining. An original outside WC and storage shed contribute additional character and utility to the property. Location is another strong point; just a short distance from Ilford Station with Elizabeth Line access providing rapid journeys into central London. Local amenities include Ilford Town Centre, beautiful Valentines Park, and several highly regarded schools, making it well-suited for families seeking both convenience and quality education options. This property is sold chain-free, offering prospective buyers quick access to embark on their renovation project in one of Ilford's most sought-after neighborhoods. With its combination of size, location, and investment potential, this home stands ready for transformation into something truly unique.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -2.2% below area average per sq ft

-2.2%
Potential saving
This Property
£437/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£380
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£703,111
10% above area average per sq ft
Potential ROI
-5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Wellesley 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
£2,290
Based on a loan of £468,750 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