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Grange Road, Ilford, IG1

London

£450,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
913 sqft

Description

This well-located three-bedroom mid-terrace house in a classic Victorian style presents an excellent opportunity for both first-time buyers and investors looking to enhance their portfolio. Nestled just off Ilford Lane, it benefits from proximity to Ilford Station (Elizabeth Line, Zone 4), offering quick access to Central London. The property features a welcoming entrance hall leading into a spacious reception area that can be reimagined for entertaining or relaxation. A generously sized kitchen comes complete with ample storage and worktop space, suitable for everyday culinary needs. The three bedrooms provide comfortable accommodations, perfect for families or those needing extra rooms for an office or guests. The family shower room is currently serviceable but offers scope for modernisation. A driveway at the front allows for convenient off-street parking—a significant advantage in this bustling area. Local amenities, including shops, restaurants, and the Exchange Shopping Centre are just around the corner, while nearby schools and parks add to the neighbourhood’s appeal. Notably, this property holds substantial potential for extensions or renovations (subject to planning permission) to create additional living space and increase its market value. With its combination of period charm and modern conveniences in a desirable location, this home is poised as a sound investment or a delightful place to call home. Early viewings are encouraged to fully appreciate the possibilities this property offers.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +10.3% above area average per sq ft

+10.3%
This Property
£493/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£448,972
10% above area average per sq ft
Potential ROI
-8.4%
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

Grange Road, Ilford, IG1
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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
£1,605
Based on a loan of £337,500 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.

Stamp Duty Calculator

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