South Park Road, Ilford
London
£500,000
Listed on 12/08/2026
Listed on 12/08/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1010 sqftFeatures
- Garden
Description
This three-bedroom terraced house is offered chain free and vacant, with a through lounge, kitchen and rear dining room providing scope to update and rework the ground-floor living space. The first floor has three bedrooms, a shower room and a generous landing. The listing also notes possible further extension or loft-conversion options, subject to the necessary permissions and feasibility checks.
A good-sized rear garden extends behind the house, while the front garden may offer potential for off-street parking, subject to approval. South Park, local schools and Green Lane shopping facilities are nearby, with Ilford and Seven Kings stations providing Elizabeth line connections. The property is being marketed by haart in Ilford.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
43out of 100
Grade ELow opportunity
Confidence: MEDIUM
This three-bedroom terrace is a genuine blank canvas, with a through lounge, dining area, rear extension and garden offering scope to refresh the layout and finishes. The interiors are dated, and a visibly damaged bedroom ceiling needs investigation and repair; there is also room to improve the garden. The listing mentions further extension and loft-conversion possibilities, but these remain subject to planning permission and feasibility.
The asking price is £500,000, around 10.8% above the local £/sqf average, so price is a constraint rather than a value advantage. With the stated renovation range of £11,000–£20,000, purchase plus refurbishment costs look tight against local benchmarks. Good location and property fundamentals support the project, but the numbers leave limited headroom for a buyer seeking to create value.
Key opportunities
- Refresh the dated living and dining areas, including finishes and flooring, to make better use of the through-lounge layout.
- Improve the tired rear garden and make the existing extension work for the household.
- Explore the listing's further-extension and loft-conversion ideas, subject to planning permission and feasibility.
Key risks
None recorded.
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Transport
Nearest stations
Seven Kings Rail Station
0.8 miles
Train · Seven Kings
Ilford Rail Station
0.9 miles
Train · Ilford
Barking Rail Station
1.1 miles
Train · Barking
Barking Underground Station
1.1 miles
Underground · Barking
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 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,889
Based on a loan of £375,000 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-5.7% since listed
£500,000£30,000(-5.7%)
07/10/2026£530,000Initial listing
25/09/2026Services
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