Wanstead Park Road, Ilford, IG1
London
£600,000
Listed on 08/09/2026
Listed on 08/09/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1359 sqftFeatures
- Garden
Description
This three-bedroom terraced house in North Ilford has two reception rooms, a rear kitchen, a conservatory and a cellar. Upstairs are three bedrooms, a family bathroom and a separate WC. The accommodation offers scope for modernisation, while the cellar provides storage and may have alternative uses subject to any necessary consents.
A front garden and a rear garden of approximately 72ft provide outdoor space, with potential for landscaping. The listing also notes scope to extend, subject to planning permission and other required approvals. Ilford town centre, local amenities, Valentines Park and Wanstead Park are nearby. Ilford Station provides Elizabeth line and mainline services, with Redbridge Station and local bus routes also accessible. The property is marketed by Payne & Co, Ilford.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
56out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This North Ilford terrace offers a clear medium-scale project: three bedrooms, two reception rooms and a substantial rear garden give you plenty to work with, while the dated finishes, older kitchen and bathroom, and rough cellar leave scope to refresh and personalise the house. The garden is a particular draw, and the listing also mentions potential to extend subject to planning permission, though feasibility is not established.
At £600,000, the asking price is slightly below the local average on a £/sqf basis, which is a reasonable starting point. The economics are less comfortable: purchase plus works looks tight against local benchmarks, so the project will need careful budgeting. Strong transport links and nearby parks add to the appeal, but this is a value-conscious renovation rather than an obvious margin-led buy.
Key opportunities
- Refresh the dated decorative finishes across the reception rooms and bedrooms to give the house a more cohesive feel.
- Modernise the older kitchen and bathroom, with the scope to tailor both to your preferred style.
- Make better use of the substantial rear garden through clearance and landscaping; the listing also cites extension potential subject to planning permission.
Key risks
None recorded.
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Transport
Nearest stations
Redbridge Underground Station
0.8 miles
Underground · Redbridge
Ilford Rail Station
0.8 miles
Train · Ilford
Gants Hill Underground Station
0.8 miles
Underground · Gants Hill
Manor Park Rail Station
1.0 miles
Train · Manor Park
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,452
Based on a loan of £450,000 over 30 years at 5.13% 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.
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