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Cheriton Avenue, Ilford, IG5

London

£475,000
Listed on 14/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
952 sqft

Description

This spacious two-bedroom semi-detached property from the 1930s presents a fantastic opportunity for renovation and investment. With just under 1000 square feet of living space, this home boasts an appealing open-plan ground floor layout that is filled with natural light, featuring blonde hardwood flooring and sightlines extending from the front bay window to the rear patio doors. The house includes a large living room, a dining area artfully separated yet still within the open plan, and a kitchen positioned at the back with classic pine cabinetry and dual aspect windows. The property is well-suited for further development, especially with the substantial loft space available that many neighboring homes have converted into additional bedrooms or living areas (subject to planning permissions). Additionally, there is ample outdoor space: a lengthy private garden complete with several patios and a garage enhances its value and potential uses. Nestled in a quiet residential community close to reputable schools and abundant greenery, it also offers convenient access to transport links such as Fairlop tube station on the Central Line. Whether you are looking to create your dream home or seeking an investment opportunity in an area that continues to grow in popularity, this property provides numerous possibilities for modernizing while preserving its distinct character.

Investment Analysis

(IG5 area)

Above Market Value

This property is priced +3.2% above area average per sq ft

+3.2%
This Property
£499/sq ft
Area Average
£483/sq ft
Avg Rent (weekly)
£517
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£506,269
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (IG5)

Area prices are rising by +9.2% over the last 12 months
3 year growth: +10.4%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on IG5 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

Cheriton Avenue, Ilford, IG5
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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
£1,713
Based on a loan of £356,250 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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