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Axon Place, ILFORD

London

£180,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
2
Type
Flat

Description

This ninth-floor self-contained flat presents a renovation opportunity in a desirable location of London. Featuring two bedrooms, an open-plan kitchen and reception area, a bathroom, and a balcony, the property is currently leased with an annual rental income of £21,600. The need for modernisation allows investors to capitalize on potential appreciation in value through upgrades tailored to market demands. The flat's leasehold status stretches approximately 103 years, ensuring long-term viability for buyers. Public transport options are conveniently nearby, alongside local amenities within Ilford Town Centre and recreational spaces such as South Park and Valentines Park. This offering is particularly suited for those looking to invest in the rental market or create a personalised home in a vibrant environment.

Investment analysis

(IG1 area)
Area Average
£447/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Axon Place, 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
£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.

Stamp duty calculator

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