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Kensington Gardens, Ilford IG1

London

£500,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1238 sqft

Description

This terraced home in Ilford's Kensington Gardens offers a prime opportunity for cash buyers and investors looking to add value through renovation. The property features three bedrooms alongside two spacious reception areas, a kitchen, and two bathrooms, all awaiting modernisation. While the house is in need of refurbishment, this presents a unique chance for new owners to tailor the interiors to fit their vision. Located within a desirable community, it is ideal for families and first-time buyers, with reputable schools nearby enhancing its appeal. Residents can take advantage of local amenities along Ilford High Road—featuring diverse shops and eateries—as well as the lush surroundings of Valentines Park, perfect for outdoor enthusiasts. In terms of transport links, Ilford railway station is conveniently close, providing swift access to central London in approximately 20 minutes, alongside various local bus routes for enhanced connectivity. This property combines potential for personalisation with an enviable location that balances urban convenience and green spaces.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£404/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£382
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£610,835
10% above area average per sq ft
Potential ROI
+7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +3.6%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on IG1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Kensington Gardens, Ilford IG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-9.1% since listed
£500,000£50,000(-9.1%)
16/03/2026
Current price
£550,000Initial listing
09/12/2025

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