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Wanstead Park Road, Ilford IG1 - Image 1
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Wanstead Park Road, Ilford IG1

London

£525,000
Listed on 19/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1437 sqft

Description

This four-bedroom terraced house in North Ilford offers a valuable opportunity for those looking to invest in a property ripe for renovation and enhancement. The ground floor features two distinct reception rooms, with the front room showcasing large windows and a charming fireplace, while the rear reception connects directly to a generous south-west facing garden of approximately 48ft. The kitchen also provides access to the garden, ensuring a practical layout that suits modern living. A spacious entrance hallway adds to the overall welcoming atmosphere, complemented by various original details that imbue character throughout the home. Upstairs, the first floor is home to four bedrooms and a family bathroom, all awaiting transformation. While the property requires significant refurbishment, it holds considerable potential for extension (subject to planning permissions), making it an ideal candidate for buyers wanting to create their dream home or investors seeking rental opportunities. Situated within close proximity to local amenities, highly regarded schools, and green spaces such as Valentines Park and Wanstead Park, this property is conveniently located for families and commuters alike. Excellent transport links via Ilford station offer swift access to Liverpool Street Station in around 20 minutes, with additional routes to the West End and Heathrow. With no onward chain, this residence presents an attractive proposition for first-time buyers, families, or savvy investors keen on realising its full potential.

Investment Analysis

(IG1 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£365/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£382
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£709,023
10% above area average per sq ft
Potential ROI
+17.2%
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

Wanstead Park Road, 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
£1,859
Based on a loan of £393,750 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.

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