Cecil Road, Ilford, IG1
London
£550,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
1087 sqftFeatures
- Garden
Description
This three-bedroom home is offered chain-free and is within walking distance of Ilford station, with local shops, schools and other amenities nearby. The accommodation includes two reception rooms, a kitchen, three bedrooms and two bathrooms, with side access and a rear garden. The listing also notes potential to extend, subject to the necessary permissions and checks. The EPC rating is D, and the property is in Council Tax Band D, stated as £2,294.58 for 2026/2027.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a relatively light project rather than a full refurb: the fitted kitchen and bathroom look usable, while the main visible jobs are refreshing worn carpets and clearing the overgrown rear garden. There’s a practical family layout, side access and stated potential to extend subject to planning permission, with Ilford station nearby adding to the appeal.
The main drawback is the price: at £550,000, the asking price is around 13% above the local £/sqf average. Even with the modest £3,000–£8,000 renovation range, purchase plus refurbishment costs look tight against local benchmarks. There’s scope to improve the home, but the numbers make this a low-opportunity buy at the current asking price.
Key opportunities
- Clear and tidy the overgrown rear garden, making better use of the outdoor space.
- Refresh worn or marked carpets and personalise the plainly finished reception areas.
- Explore the stated extension potential, subject to planning permission and feasibility.
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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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,078
Based on a loan of £412,500 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.
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