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Elgin Road, Ilford, IG3

London

£1,000,000

Listed on 22/06/2026

Property details

Bedrooms
5
Type
End Of Terrace
Area
3156 sqft

Description

This impressive five-bedroom end-of-terrace home is situated on a generously proportioned corner plot in Ilford, presenting an array of options for renovation or expansion. The property boasts off-street parking for multiple vehicles and ample living space, making it an ideal prospect for families or investors looking to capitalize on its potential. With the possibility of extending the property further, including a loft conversion (subject to planning permission), this home offers significant investment opportunities. The ground floor features two distinct reception rooms that provide flexibility for both relaxation and entertainment. The front reception room benefits from large windows that create a bright and inviting atmosphere, while the second reception connects seamlessly to a spacious kitchen/dining area. This extended kitchen is equipped with a breakfast bar and dining space, as well as a utility room which leads to the rear garden—an ideal setup for outdoor entertaining. The external features include covered side access and a cellar offering additional storage solutions. The rear garden extends approximately 40ft, providing a decent outdoor space with established shrub borders. On the first floor, you will find five well-sized double bedrooms, some with built-in wardrobes. The principal bedroom boasts a walk-in wardrobe and en-suite shower facilities. A large family bathroom complete with both bath and separate shower amenities ensures convenience for daily living. Located conveniently near Goodmayes and Seven Kings stations, this residence offers easy access to the Elizabeth line with efficient travel times into central London. Local amenities including shops, cafés, schools, and parks enhance its appeal. In summary, this corner property not only provides spacious living but also exhibits substantial renovation potential within a sought-after residential area.

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Investment analysis

(IG3 area)

Below Market Value

This property is priced -29.8% below area average per sq ft

-29.8%
Potential saving
This Property
£317/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£412
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,567,775
10% above area average per sq ft
Potential ROI
+43.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IG3)

Area prices are rising by +8.8% over the last 12 months
3 year growth: +5.9%
5 year growth: +14.4%
Investment Disclaimer: Analysis based on IG3 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

Elgin Road, Ilford, IG3
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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
£3,778
Based on a loan of £750,000 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.

Stamp duty calculator

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