Balfour Road, Ilford
London
£540,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
4Type
TerracedArea
2250 sqftFeatures
- Garden
- Parking
Description
This four-bedroom terraced house has two reception areas opened into a through lounge, a large kitchen, conservatory and ground-floor WC. Upstairs are three bedrooms and a fourth room that could be used as a study, together with a shower room. The agent describes the property as liveable but in need of modernisation, offering scope to update the interiors to suit different requirements.
Outside, the rear garden is stated to be approximately 70 feet long, and the front provides off-street parking for two cars. The listing also notes possible rear or loft extensions, subject to planning permission and the necessary consents; feasibility would need to be checked. Nearby transport links include Ilford, Gants Hill, Newbury Park and Seven Kings stations, with schools, Valentines Park and Ilford town centre also within reach.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
84out of 100
Grade AStrong opportunity
Confidence: MEDIUM
A strong-value family-house project: at £240/sq ft, the £540,000 asking price is 46.3% below the local average, making the acquisition price a standout strength. The four-bedroom layout, two reception rooms opened into a through lounge, conservatory and roughly 70ft garden give plenty to work with; the photographed rooms look usable, while the dated kitchen and older finishes offer a clear cosmetic refresh rather than a major overhaul. The shower room appears relatively current, and the location is well placed for schools, stations and Valentines Park.
The renovation range is £7,500–£16,500. Rear or loft extension ideas are mentioned in the listing, subject to planning and the necessary consents, but the value here already rests on the low entry price and the existing space.
Key opportunities
- Refresh the dated kitchen and older decorative finishes while keeping the usable reception rooms and bedrooms.
- Make better use of the two-reception through lounge, conservatory and approximately 70ft rear garden.
- Explore the rear or loft extension potential described in the listing, subject to planning permission and necessary consents.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,040
Based on a loan of £405,000 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.
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