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Wanstead Park Road, Ilford, IG1

London

£700,000
Listed on 12/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1731 sqft

Description

This semi-detached house in Ilford presents a versatile opportunity for families and investors alike, featuring four bedrooms and three reception rooms designed for functional living. With a kitchen and two bathrooms already in place, the property's layout is well-suited for customization to meet modern standards. The private side access enhances usability, making it ideal for those with outdoor hobbies or family needs. Situated conveniently near local educational facilities in both Ilford and Cranbrook, this property offers potential as a family home. Nearby parks like Wanstead Park and Valentines Park provide green space for recreation, while Ilford town centre is just a short distance away, offering shops, cafes, and essential amenities. With Ilford Station providing swift transport links to central London within approximately 15-20 minutes via the Elizabeth line, this location holds significant appeal for commuters. This house not only serves as a practical residence but also holds renovation potential to enhance its value in a sought-after area of East London.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£404/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£851,228
10% above area average per sq ft
Potential ROI
+12.0%
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

Wanstead Park 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
£2,497
Based on a loan of £525,000 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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