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Coventry Road, Ilford IG1

London

£525,000

Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1111 sqft

Description

This three-bedroom terraced home in the desirable Commonwealth Estate area of Ilford offers a solid foundation for those looking to invest or put their own mark on a property. The ground floor features two reception areas, including a charming front room with a bay window, and an open-plan second reception that flows into the kitchen. This design fosters connectivity with access to the rear garden, providing great potential for outdoor enhancements or extensions, subject to planning consent. The upper level comprises two generously sized double bedrooms and a single bedroom, alongside a family bathroom. The loft space, accessible via one of the bedrooms, presents an opportunity for conversion into additional living space or storage. With off-street parking for two cars and an ample yet manageable private garden, this property has room for improvement that can significantly enhance its value. The location is advantageous with proximity to local schools, parks like Valentines Park, and easy access to Ilford town centre's amenities and transport links including fast rail services to London Liverpool Street. Whether you are aiming to create your ideal family home or are seeking a project with renovation potential in an accessible area of London, this property warrants consideration.

Investment Analysis

(IG1 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£473/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£546,340
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IG1)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +5.0%
5 year growth: +11.5%
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

Coventry Road, Ilford IG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,873
Based on a loan of £393,750 over 30 years at 3.97% 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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