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Mortlake Road, Ilford, IG1

London

£725,000
Listed on 17/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1255 sqft

Description

This spacious family home presents a compelling opportunity for both homeowners and investors, offering substantial living space alongside excellent rental income potential. The ground floor features a bright through lounge perfect for relaxation and entertainment, complemented by a kitchen and convenient wet room. A conservatory at the rear enhances the living area, overlooking the private garden. On the upper levels, you will find two generously sized double bedrooms and a contemporary bathroom on the first floor. The loft is utilized as an additional bedroom, but holds great promise for conversion into formal living space with proper planning permission, thereby increasing both functionality and value. Notably, there are two self-contained studio outbuildings equipped with their own kitchens and bathrooms, each capable of generating independent council tax bills. This makes them an exceptional asset for rental yields. The property also boasts side access to the driveway that accommodates off-street parking along with a private garden area. The estimated rental potential stands around £3,850 per month. Situated in the desirable area of Ilford, this location benefits from strong transport links to Central London and an array of local amenities including shops, restaurants, schools, and green spaces like Valentines Park. This home is well-suited for those looking to invest or create their ideal living space while reaping financial benefits from supplementary rentals.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +28.8% above area average per sq ft

+28.8%
This Property
£578/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£382
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£619,223
10% above area average per sq ft
Potential ROI
-20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +3.6%
5 year growth: +14.3%
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

Mortlake Road, Ilford, IG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,568
Based on a loan of £543,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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