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St. Andrews Road, Ilford, IG1

London

£550,000
Listed on 20/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1254 sqft

Description

This three-bedroom terraced house in North Ilford presents a promising renovation opportunity. Situated off The Drive and Cranbrook Rise, the property features two reception rooms, one with an inviting bay window, along with a separate kitchen and a conservatory that adds potential living space. While it requires comprehensive modernization throughout, there is no onward chain which simplifies the buying process. The first-floor bathroom and separate WC are functional yet dated, offering a blank canvas for redesign. The north-facing rear garden extends approximately 50ft, providing ample outdoor space for landscaping or extensions. A front garden also complements the property. Conveniently located near Valentines Park and well-connected through local transport links including Ilford Station with Elizabeth Line services to central London, this home is closer to local schools and amenities including shops and cafés. This property stands out as an ideal project for first-time buyers, families seeking to create their dream home, or investors looking to capitalize on its potential in a desirable area.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£439/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£380
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£617,006
10% above area average per sq ft
Potential ROI
-1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

St. Andrews 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.

Next Steps

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