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Saxon Road, Ilford, IG1

London

£400,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
856 sqft

Description

This two-bedroom terraced house in Ilford presents a valuable investment opportunity for those looking to create their ideal home. The property features a spacious through reception room, a functional kitchen, and a bathroom, with the potential for further expansion subject to obtaining the necessary planning permissions. Located conveniently near Ilford town centre, residents will enjoy easy access to grocery stores, shops, and various services. Nearby green spaces like South Park and Valentines Park offer recreational areas for leisure and outdoor activities. The property is also within reach of several good schools, making it appealing for families. For commuters, Ilford Station provides quick connections to London Liverpool Street in approximately 20-25 minutes. This home is sold chain-free, allowing for immediate exploration of its renovation possibilities.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +4.4% above area average per sq ft

+4.4%
This Property
£467/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£386
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£421,507
10% above area average per sq ft
Potential ROI
-6.3%
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 +8.6% over the last 12 months
3 year growth: +4.0%
5 year growth: +15.9%
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

Saxon 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
£1,443
Based on a loan of £300,000 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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