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Ilford, IG1

London

£540,000
Listed on 24/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
887 sqft

Description

This three-bedroom end-of-terrace home in Ilford presents a unique investment opportunity, having already undergone extensive renovations while also holding significant potential for further development. The property boasts an approved planning permission for a generous six-metre rear extension, which can enhance living space and increase property value. Key infrastructural work has been completed, including the installation of electricity, water pipes, and drainage to facilitate a future annexe—this foresight can save future owners substantial costs and disruption. Internally, the home showcases high-quality finishes throughout its spacious layout featuring two bathrooms—an increasingly rare amenity perfect for family living. Natural light floods through the well-appointed reception rooms and comfortable bedrooms, providing a welcoming environment. This residence is not only ready for immediate occupancy but offers a canvas for personal touches to be added over time. Location is another significant factor; situated within walking distance to Ilford's Elizabeth Line station, commuting to London is efficient and straightforward. With local amenities such as parks, shopping centres, and reputable schools nearby, this property is ideally positioned for both families and professionals alike. In summary, this home harmoniously blends modern comfort with classic charm while offering exceptional scope for future growth—a compelling proposition in a dynamic area.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +36.3% above area average per sq ft

+36.3%
This Property
£609/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£377
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£435,796
10% above area average per sq ft
Potential ROI
-26.1%
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

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
£1,948
Based on a loan of £405,000 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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