Park Avenue, ILFORD
London
£135,000Guide Price
Listed on 31/10/2026
Listed on 31/10/2026
The listing
Property details
Bedrooms
2Type
FlatFeatures
- Garden
- Parking
Description
Offered at auction, this vacant first-floor leasehold flat has two bedrooms, a reception room, a kitchen, a bathroom with WC and a separate WC. The property is described as requiring renovation. It also comes with an allocated parking space and access to communal gardens.
Ilford Elizabeth Line station and local bus services provide public transport connections. The A406 and A12 are nearby, with shops and other amenities in Ilford town centre. Valentines Park is within walking distance. The flat has an EPC rating of C and is in Council Tax Band D.
The lease began in 1968 for a term of 99 years, leaving approximately 41 years. Buyers should review the lease and auction legal pack, including the stated buyer documentation fee and any additional seller fees, before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial renovation project rather than a cosmetic refresh: the pictured reception room, bedroom and kitchen have worn flooring, dated finishes and visible debris, with damaged or stripped wall coverings in the reception room. Full vacant possession, allocated parking and communal gardens add practical appeal, while the Ilford location is close to the Elizabeth Line and Valentines Park. The overall WHOTS score is 45/100 (Grade E, Low Opportunity), reflecting limited condition and fundamentals scores; value versus local £/sqf cannot be judged because the floor area is missing. The listing is being sold by auction, so bidding can take the hammer above the guide and the eventual price may not stay this cheap.
The roughly 41 years remaining on the lease is a significant consideration alongside the scale of the interior programme. The exterior views show no obvious major defect, and the EPC is rated C, but buyers should inspect the flat and review the lease and auction conditions carefully.
Key opportunities
- Rework the pictured reception room and bedroom with refreshed finishes and flooring, creating a more coherent interior.
- The dated kitchen and worn floor offer scope to modernise the flat’s everyday living space as part of the wider project.
- Full vacant possession, allocated parking and communal gardens provide useful practical features to build on.
Key risks
- Worn finishes, debris and damaged or stripped wall coverings across the pictured rooms point to a substantial multi-room programme; plan for a full interior overhaul rather than a cosmetic refresh.
- Approximately 41 years remain on the lease, so review the lease terms and implications before proceeding.
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Transport
Nearest stations
Ilford Rail Station
0.3 miles
Train · Ilford
Gants Hill Underground Station
0.9 miles
Underground · Gants Hill
Manor Park Rail Station
1.2 miles
Train · Manor Park
Newbury Park Station
1.2 miles
Train · Newbury Park
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 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£552
Based on a loan of £101,250 over 30 years at 5.13% 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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