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171 & 171A Coventry Road, Ilford, IG1 4RD - Image 1
171 & 171A Coventry Road, Ilford, IG1 4RD - Image 2
171 & 171A Coventry Road, Ilford, IG1 4RD - Image 3

171 & 171A Coventry Road, Ilford, IG1 4RD

London

£250,000Guide Price

Listed on 05/10/2026

The listing

Property details

Bedrooms
1
Type
Ground Flat

Description

This freehold property presents a unique investment opportunity, comprising two purpose-built flats. The ground floor flat is currently vacant and features a spacious rear garden, garage, and off-street parking, making it ideal for both investors and owner-occupiers. While the property is in need of modernisation, it offers significant potential to enhance its value through refurbishment. The first-floor flat has been sold off on a long lease, providing an additional layer of investment security. Located on Coventry Road in Ilford, the property is conveniently situated near local amenities, restaurants, and transport links, including Ilford Station with Elizabeth Line services. This property is offered at auction, presenting a chance to secure a promising asset in a growing area.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

47out of 100
Grade ELow opportunity

Confidence: LOW

This freehold terraced property presents a solid opportunity for those looking to invest in a renovation project. Despite the dated interiors throughout, including signs of wear in the living areas, bedroom, and kitchen, the large rear garden offers potential for outdoor enhancements, which could significantly increase the living space's appeal. The property is located on Coventry Road, a well-established residential street in Ilford with good transport links, making it attractive for both investors and future occupants.

The medium refurbishment scale, with an estimated renovation budget of £40,000 to £80,000, allows for ample scope to modernize and improve the flat. However, potential structural concerns in the basement should be carefully considered. With the asking price set at £250,000 and the absence of a usable floor area hindering a precise £/sqf valuation, this remains an accessible option for those willing to undertake significant modernisation. Keep in mind that the eventual price may go above the guide based on bidding dynamics.

Key opportunities

  • Large rear garden offers potential for outdoor enhancements
  • Opportunity to modernise and improve dated interiors
  • Good transport links and local amenities enhance rental appeal

Key risks

  • Potential structural concerns in the basement

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Map

Location

171 & 171A Coventry Road, Ilford, IG1 4RD
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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

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