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Flat 3, Regnas Heights, 198 High Street, Ilford IG1 1LR - Image 1
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Flat 3, Regnas Heights, 198 High Street, Ilford IG1 1LR - Image 7
Flat 3, Regnas Heights, 198 High Street, Ilford IG1 1LR - Image 8
Flat 3, Regnas Heights, 198 High Street, Ilford IG1 1LR - Image 9

Flat 3, Regnas Heights, 198 High Street, Ilford IG1 1LR

London

£155,000
Listed on 11/05/2026

Property Details

Bedrooms
4
Type
Flat
Area
614 sqft

Description

This first-floor apartment offers a spacious layout in a prime location, just a stone's throw from the town centre and approximately 0.3 miles from Ilford Station, which provides access to the Elizabeth Line. The property features a unique curved wall in the sitting room that enhances the character of the space and opens up to a balcony, perfect for enjoying some outdoor relaxation. While the kitchen and bathroom are adequately functional, this flat presents an excellent opportunity for cosmetic updates and redecoration to maximize its potential. With an estimated rental value exceeding £1600 per month, it stands as a promising investment for those looking to capitalize on the growing rental market. This property is leasehold, and interested buyers should ensure they conduct their due diligence prior to bidding at the auction, set to take place on 28 May 2026.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -43.5% below area average per sq ft

-43.5%
Potential saving
This Property
£252/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£301,938
10% above area average per sq ft
Potential ROI
+67.7%
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

Flat 3, Regnas Heights, 198 High Street, Ilford IG1 1LR
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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
£553
Based on a loan of £116,250 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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