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Ilford Lane, Ilford, IG1

London

£180,000

Listed on 08/06/2026

Property Details

Bedrooms
1
Type
Ground Flat
Area
287 sqft

Description

This one-bedroom ground floor flat presents a promising opportunity for transformation in a prime London location. Offered without a chain, it serves as a blank slate for buyers eager to infuse their personal style into a living space. The layout is functional, featuring a bright and spacious living area that allows for diverse uses, whether for relaxation or entertainment. The kitchen adjacent to the living room holds potential for modernization or an open-plan redesign, catering to those who appreciate culinary activities. The generously sized double bedroom offers a tranquil escape, while the bathroom awaits updates to meet modern standards. A noteworthy aspect of this property is the private terrace, ideal for enjoying outdoor moments in solitude. Its enviable location ensures you are just steps away from local shops, cafes, and vital amenities, enhancing convenience for daily life. With excellent transport links nearby, commuting and exploring the wider area is straightforward. This flat is particularly suited for first-time buyers, downsizers seeking simplicity, or investors aiming for a worthwhile project with solid rental prospects. Combining desirable features and renovation possibilities makes this property a unique find in today's market.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +39.9% above area average per sq ft

+39.9%
This Property
£627/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£410
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£141,544
10% above area average per sq ft
Potential ROI
-31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +6.6% over the last 12 months
3 year growth: +7.6%
5 year growth: +15.3%
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

Ilford Lane, Ilford, IG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 over 30 years at 4.45% 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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