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Cheriton Avenue, Ilford, IG5

London

£550,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
784 sqft

Description

This three-bedroom mid-terraced home presents a prime opportunity for families and investors alike, situated in a well-regarded school catchment area that includes Beal High School and Ilford County High School. The property consists of two spacious reception areas, a fitted kitchen, and a bathroom on the ground floor. Outside, you will find a private driveway providing off-street parking alongside side access to an expansive 75ft rear garden—ideal for those interested in gardening or family leisure activities. This home holds substantial potential for future expansion (subject to planning permission), offering a chance to enhance both living space and property value. Located in a friendly residential neighbourhood, this property is perfect for those looking to create their ideal long-term family residence while exploring renovation possibilities.

Investment Analysis

(IG5 area)

Above Market Value

This property is priced +45.1% above area average per sq ft

+45.1%
This Property
£702/sq ft
Area Average
£483/sq ft
Avg Rent (weekly)
£517
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£416,927
10% above area average per sq ft
Potential ROI
-29.9%
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
£1,984
Based on a loan of £412,500 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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