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Elstree Gardens, Ilford

London

£475,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
958 sqft

Description

This charming three-bedroom terraced house, spanning approximately 958 sq. ft, offers a promising opportunity for renovation and investment. Nestled just off Ilford Lane, the property is ideal for families and those looking to expand their living space with potential extensions (pending planning permissions). The front garden is low-maintenance and presents possibilities for creating off-street parking through modest alterations.

Upon entering, you'll find a welcoming hallway featuring wood flooring and practical under-stair storage, leading to spacious reception areas. The front bay-windowed sitting room is bathed in natural light and showcases high ceilings with a classic cast iron fireplace, seamlessly connecting to the separate dining room that also features a fireplace and opens directly into the rear garden—a perfect setting for social gatherings.

The kitchen comes equipped with various wall and base units, integrated cooking appliances, and ample additional space for white goods along with direct access to the outdoor area.

On the first floor, there are three bedrooms alongside a family bathroom fitted with a four-piece suite that includes both a bathtub and shower cubicle. The principal bedroom boasts bay windows and built-in wardrobes; the second is a sizable double overlooking the garden with built-in storage as well. The third bedroom serves multiple purposes—ideal as a single room, nursery, or home office.

The rear garden mainly consists of lawn space providing privacy and includes a workshop/outbuilding at the far end.

This property benefits from convenient proximity to both Ilford and Barking stations as well as Ilford Town Centre which offers excellent transport links into Central London via the Elizabeth Line. Nearby Ilford Lane features a vibrant selection of shops, restaurants, independent businesses, and local schools that cater to various educational needs. This dwelling not only provides comfortable living space but also significant potential for value enhancement through renovations.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +10.9% above area average per sq ft

+10.9%
This Property
£496/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£471,101
10% above area average per sq ft
Potential ROI
-9.4%
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
10%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +5.0%
5 year growth: +11.5%
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

Elstree Gardens, Ilford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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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