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Cowley Road, Ilford

London

£550,000
Listed on 04/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1098 sqft

Description

This property presents an excellent opportunity for renovation in a highly desirable family neighborhood. Recently available for the first time in many years, this home has been well-loved and is ripe for modernization or expansion. The ground floor comprises two welcoming reception rooms alongside a kitchen, while the upper level features three sizable bedrooms and a family bathroom. The generous landing area suggests potential for a loft conversion, subject to obtaining planning permission, which could significantly increase living space. The rear garden spans approximately 75 feet, providing ample outdoor area ideal for landscaping or entertaining. Notably located just 0.6 miles from Ilford Station and its Crossrail link, along with direct access to key roadways including the A12 and A406, this location boasts exceptional transport connections to Central London. Local amenities abound, including shops, restaurants, and parks such as Valentine's Park—a perfect setting for family activities. Importantly, this property is offered with no onward chain, adding to its appeal for investors or families looking to create their dream home.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +11.7% above area average per sq ft

+11.7%
This Property
£501/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£390
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£541,396
10% above area average per sq ft
Potential ROI
-11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +14.6% over the last 12 months
3 year growth: 9.3%
5 year growth: 21.5%
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

Cowley 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
£2,015
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.

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