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Toronto Road, Ilford

London

£650,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
1453 sqft

Description

Located in the highly desirable Commonwealth Estate, this spacious three-bedroom family home presents significant potential for expansion and customisation. With the possibility of a 6m rear extension and a loft conversion (subject to planning permissions), this property offers a unique opportunity to transform it into your ideal living space, much like neighboring homes have successfully achieved. The first floor features three generous double bedrooms, complemented by a family bathroom with an additional separate WC. The spacious landing suggests the feasibility of creating access for an impressive L-shaped loft conversion. On the ground floor, you'll find a bright and airy through lounge, a large kitchen/dining area, and a convenient utility room along with a ground floor WC. A useful cellar provides additional storage solutions. The potential for a substantial rear extension allows for even greater versatility in design. While the home is well-maintained and habitable, modernisation throughout would enhance its appeal and value. This property is situated within walking distance of local amenities including Christchurch Primary School, Balfour Road Mosque, Valentines Park, and Ilford Station which offers excellent transport links to Central London. The Commonwealth Estate is renowned for its community spirit and strong educational institutions, making it an attractive location for families looking to settle long-term. This home represents an exciting blank canvas for new owners to infuse their personal style while adding considerable value over time.

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Investment analysis

(IG1 area)

Above Market Value

This property is priced +0.2% above area average per sq ft

+0.2%
This Property
£447/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£713,881
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Toronto 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
£2,456
Based on a loan of £487,500 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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