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Harvey Road, Ilford, IG1

London

£425,000
Listed on 17/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
410 sqft

Description

This two-bedroom mid-terrace house presents a valuable opportunity for those looking to invest in a property with significant potential. Nestled in a vibrant area renowned for its lively atmosphere and proximity to Ilford Lane's array of shops, this residence offers ample scope for both personalisation and expansion. Enter the home to find two spacious reception rooms that provide versatile living space, perfect for both relaxation and hosting gatherings. The kitchen is functional with ample storage, making it suitable for culinary enthusiasts eager to enhance their cooking experience. On the upper level, you'll discover two bright double bedrooms, each providing generous space for rest and individual flair. The well-equipped family bathroom ensures convenience for everyday use. Notably, this property holds the enticing possibility of extension (subject to planning permission), allowing you to tailor your living environment as your needs evolve. For families prioritising education, the home is conveniently located near reputable local schools. Commuters will appreciate easy access to Ilford Station along with various bus routes connecting directly to central London. The surrounding neighbourhood thrives with diverse amenities including supermarkets, cafes, restaurants, and unique retailers—all just a short walk away. This house not only serves as a comfortable home but also stands as an exciting canvas for those wishing to add value and create their dream dwelling in a thriving community.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +132.1% above area average per sq ft

+132.1%
This Property
£1,037/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£377
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£201,439
10% above area average per sq ft
Potential ROI
-55.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +8.2% over the last 12 months
3 year growth: +4.3%
5 year growth: +16.3%
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

Harvey Road, Ilford, IG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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