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Kensington Gardens, Ilford

London

£700,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1485 sqft

Description

This four-bedroom double-fronted family residence offers a remarkable opportunity for transformation, nestled conveniently off The Drive and being sold with no onward chain. With its spacious layout, the property features four distinct reception rooms, a utility space, and access to the cellar on the ground floor. The upper level accommodates four bedrooms along with a family bathroom, while potential for expansion exists through loft conversion, subject to planning approvals. Although the interior requires substantial modernization, it possesses a generous footprint ideal for creating a contemporary haven tailored to personal aesthetics. The expansive rear garden is perfect for families and could be reimagined as an inviting outdoor entertainment area or further extended (subject to relevant consents). Additionally, off-street parking for up to two vehicles enhances this property's urban appeal. This home presents an excellent renovation project not only for those looking to establish a long-term residence but also for investors aiming to develop its significant potential and increase overall property value. Early viewings are encouraged.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +5.4% above area average per sq ft

+5.4%
This Property
£471/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£730,256
10% above area average per sq ft
Potential ROI
-10.9%
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

Kensington 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
£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.

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