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Budoch Drive, Ilford

London

£525,000
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
656 sqft

Description

This semi-detached two-bedroom bungalow, situated in the desirable Seven Kings Bungalow Estate, represents an exceptional opportunity for renovation and personalization. Offered with no onward chain, this property serves as a versatile blank canvas that invites creative input. Built in the 1930s, it features spacious accommodations including two double bedrooms, a lounge, kitchen, and bathroom – all conveniently located on the ground floor. The high ceilings and authentic elements like picture rails add character while offering the potential to enhance further. The substantial loft space offers significant conversion possibilities for additional living areas or bedrooms. Neighbouring homes have successfully executed ground-floor extensions and loft conversions with dormers, showcasing the potential for expansion on this plot. Externally, there is generous outdoor space with a sizable front garden providing off-street parking for multiple vehicles and side access leading to an extensive rear garden of approximately 50ft. Located within close proximity to Goodmayes Station (Elizabeth Line) and excellent road connections into London, alongside local schools, this property holds great promise for those looking to invest in a home that can evolve into their ideal living space.

Investment Analysis

(IG3 area)

Above Market Value

This property is priced +75.3% above area average per sq ft

+75.3%
This Property
£800/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£435
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£329,519
10% above area average per sq ft
Potential ROI
-42.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IG3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.6%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on IG3 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

Budoch Drive, 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
£1,923
Based on a loan of £393,750 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