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Henley Road, Ilford

London

£475,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
947 sqft

Description

This property presents an excellent opportunity for renovation and investment, located just off Ilford Lane in the sought-after South Ilford area. The home boasts spacious living areas with significant potential for expansion, subject to obtaining the necessary planning permissions. The first floor contains three generously sized bedrooms along with a family bathroom, and there is an inviting landing area that could be transformed into additional living space through a loft conversion (subject to planning). The ground floor features two bright reception rooms and a fitted kitchen leading to a rear extension, which also includes direct access to a shower room—ideal for flexible family living. Furthermore, the approximately 60ft garden offers ample outdoor space and potential for further extensions if desired (STPP). With its proximity to both Ilford and Barking stations within about a mile, this location ensures swift transport links to central destinations like Stratford and Romford. Families will appreciate nearby schools and local amenities, making this a promising choice for both commuters and growing families. Early viewing is encouraged as this home truly holds promise for the right buyer willing to invest in renovations.

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Investment analysis

(IG1 area)

Above Market Value

This property is priced +12.3% above area average per sq ft

+12.3%
This Property
£502/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£465,275
10% above area average per sq ft
Potential ROI
-13.0%
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

Henley 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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