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Mortlake Road, Ilford

London

£475,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
1147 sqft

Description

This end-terrace house offers significant potential for renovation and investment, making it an ideal project for buyers looking to create their dream home. Conveniently located near Ilford Town Centre with straightforward access to public transport, local schools, and amenities, this property is strategically positioned for both personal use and rental opportunities. Comprising three bedrooms and an array of versatile living spaces, the ground floor features four reception rooms along with utility space and two shower rooms. The first floor houses two double bedrooms, a single bedroom, another shower room, and a compact kitchen area. The property has been adapted for multiple occupants in the past, indicating a possibility for conversion back into a family home or continued use as shared living spaces. A comprehensive modernization is required throughout to unlock its full potential, making this an appealing option for ambitious buyers willing to invest time and resources into refurbishment.

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Investment analysis

(IG1 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£414/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£563,538
10% above area average per sq ft
Potential ROI
-0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +8.7% over the last 12 months
3 year growth: +11.4%
5 year growth: +16.6%
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

Mortlake Road, Ilford
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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
£1,794
Based on a loan of £356,250 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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