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Thorold Road, Ilford, IG1

London

£600,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1268 sqft

Description

This three-bedroom end-of-terrace property, located in the desirable Commonwealth Estate area of Ilford, presents a significant investment opportunity for those looking to add their personal touch. While the home is in need of comprehensive modernisation, this provides a blank canvas for first-time buyers and seasoned investors alike to refurbish according to contemporary tastes and preferences. The ground floor features a generous through-lounge reception that offers ample space for relaxation and entertaining. The kitchen incorporates a dining area and flows into a conservatory, which could be reimagined as an inviting space for family gatherings. Additionally, a ground floor WC adds practicality. On the first floor, you’ll find three well-sized double bedrooms alongside a family bathroom, all of which could benefit from updating. Outside, the property boasts off-street parking at the front and a spacious rear garden measuring approximately 58ft. This outdoor area is ripe for transformation into an entertainment space or even potential extension (subject to necessary planning permissions). Set on a much sought-after residential road with convenient access to outstanding local schools and various amenities, this home is also just a short distance from Ilford railway station (Elizabeth line), ensuring quick commutes into central London - typically within 15-20 minutes to Liverpool Street Station. The chain-free status simplifies the purchasing process, making this opportunity even more appealing.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£473/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£377
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£622,987
10% above area average per sq ft
Potential ROI
-11.0%
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

Thorold 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
£2,164
Based on a loan of £450,000 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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