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London
£250,000Guide Price
Listed on 05/10/2026
Listed on 05/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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