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Perth Road, Ilford, IG2

London

£575,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
999 sqft

Description

This three-bedroom end of terrace house presents a promising renovation opportunity on Perth Road, ideal for investors or families looking to create their dream home. The property is currently in need of modernization, featuring a spacious through lounge reception, a functional kitchen, and two bathrooms—one on each floor. With two double bedrooms and one single, there’s ample space for comfortable living. The approximately 50ft north-east facing garden adds to its appeal, along with off-street parking and the potential for expansion, subject to planning permissions. Located close to local schools and amenities, as well as transport links that provide quick access to central London, this property offers great potential for those willing to invest in updates and improvements.

Investment Analysis

(IG2 area)

Above Market Value

This property is priced +20.5% above area average per sq ft

+20.5%
This Property
£576/sq ft
Area Average
£478/sq ft
Avg Rent (weekly)
£404
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£524,835
10% above area average per sq ft
Potential ROI
-17.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IG2)

Area prices are falling by +4.2% over the last 12 months
3 year growth: -8.4%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on IG2 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

Perth Road, Ilford, IG2
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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
£2,106
Based on a loan of £431,250 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