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South Park Terrace, Ilford, IG1

London

£550,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1032 sqft

Description

This three-bedroom semi-detached house, built in the charming style of the 1930s, presents a noteworthy investment opportunity in a highly sought-after area. Positioned adjacent to South Park and conveniently situated near local shops, reputable schools, and robust transport links, this property is ideal for those looking to create their ideal family home. The welcoming entrance hall leads into a spacious reception area filled with natural light, which is well-suited for gatherings or quiet evenings at home. The kitchen offers good storage and workspace, catering to contemporary family needs. Upstairs, the three ample bedrooms provide comfortable living spaces while the modern family shower room contributes to overall functionality. Notable features include a private driveway and garage for secure parking and additional storage options, along with side access to the rear garden—adding convenience to daily living. While the property is well-maintained, there is significant potential for enhancement through extensions or renovations (subject to planning permission), allowing prospective buyers to personalize their space according to preference. With its original character and versatile layout, this property not only serves as a pleasant residence but also as an excellent opportunity for value addition in a vibrant community.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +19.1% above area average per sq ft

+19.1%
This Property
£533/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
£508,172
10% above area average per sq ft
Potential ROI
-15.3%
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

South Park Terrace, 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
£1,984
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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