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Wanstead Park Road - Ilford - London - IG1 - Image 1
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Wanstead Park Road - Ilford - London - IG1

London

£700,000

Listed on 21/07/2026

Property details

Bedrooms
4
Type
End Of Terrace
Area
1270 sqft

Description

This freehold property presents a unique investment opportunity, currently configured as three self-contained one-bedroom flats, totaling around 1,270 sq. ft. (117.98 sq. m.). It offers significant potential for investors seeking a multi-unit asset in East London or for those contemplating converting it back into an elegant family home. With existing planning permission for further extensions, the possibilities are expansive. The large driveway accommodates at least two vehicles, complemented by ample street parking without permits required. Located just minutes from Redbridge Underground (Central Line) and within easy reach of Ilford Station (Elizabeth Line), this property enjoys excellent transport links to key areas including Stratford and Liverpool Street. The surrounding area boasts a variety of local shops, dining options, schools, parks, and essential amenities, enhancing its appeal for both tenants and homeowners alike.

Investment analysis

(IG1 area)

Above Market Value

This property is priced +23.4% above area average per sq ft

+23.4%
This Property
£551/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£623,970
10% above area average per sq ft
Potential ROI
-21.0%
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

Wanstead Park Road - Ilford - London - IG1
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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
£2,645
Based on a loan of £525,000 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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