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Penhurst Road, Ilford IG6 - Image 1
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Penhurst Road, Ilford IG6

London

£425,000

Listed on 28/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
620 sqft

Description

Situated in a desirable area of Ilford, bordering Chigwell, this two-bedroom semi-detached bungalow presents an excellent investment opportunity for those looking to modernise and extend their living space (subject to planning permissions). The property is available with no onward chain, allowing for a swift transaction. Currently, the layout includes two bedrooms, a family bathroom, and a kitchen that opens up to a spacious living and dining area. Outside, the property boasts front and rear gardens along with access to both a sunroom and considerable storage beneath the property at garden level. The location offers great transport links with both Hainault and Fairlop Underground stations just 0.7 miles away, providing easy commutes to central London within 30 minutes. Additionally, residents will appreciate being close to various parks and local amenities like schools, supermarkets, cafés, and restaurants. This property has significant potential for those willing to invest in renovations that can transform it into a fantastic family home.

Investment Analysis

(IG6 area)

Above Market Value

This property is priced +40.4% above area average per sq ft

+40.4%
This Property
£685/sq ft
Area Average
£488/sq ft
Avg Rent (weekly)
£471
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£333,055
10% above area average per sq ft
Potential ROI
-31.3%
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
16%
Properties sold annually

Local Market Trend (IG6)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +5.0%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on IG6 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

Penhurst Road, Ilford IG6
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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
£1,516
Based on a loan of £318,750 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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