2 Bed Flat, Single Let, Ilford, IG1 1NG £275,000

Albert Road, Ilford, IG1 1NG - 2 views - a year ago
Sold STC
Leasehold
BTL
~68 m²
Property image

ValuationUndervalued

Sold Prices£129K - £554.8K
Sold Prices/m²£2.3K/m² - £7.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£341,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£87,450

 

 

Cash Out

 

Rent Range

£750 - £2,300

Rent Estimate

£838

Running Costs/mo

£1,047

Cashflow/mo

£-209

Cashflow/yr

£-2,508

Gross Yield

4%

Local Sold Prices

50 sold prices from £129K to £554.8K, average is £290K. £2.3K/m² to £7.8K/m², average is £5.4K/m².

Price
Date
Distance
Address
Beds
 
£310K10/220.22 mi6, Lowbrook Road, Ilford, Greater London IG1 2HD2
£325K08/240.24 miAtkins House, Flat 411, Roden Street, Ilford IG1 2ZR2
£300K10/240.25 mi51 69 Valentines House, Flat 501, Ilford Hill, Ilford IG1 2ZN2
£138K07/210.26 mi33d, Grosvenor Road, Ilford, Greater London IG1 1LD2
£305K11/240.27 mi39 Icon Building, Flat 65, Ilford Hill, Ilford IG1 2FB2
£300K03/250.33 mi43, Roding Court, Mill Road, Ilford IG1 2FH2
£300K03/250.33 mi43, Roding Court, Mill Road, Ilford IG1 2FH2
£265K06/240.34 mi84, Flat 3, Ley Street, Ilford IG1 4BX2
£230K06/250.37 mi106, City View, Axon Place, Ilford IG1 1NH2
£230K06/250.37 mi106, City View, Axon Place, Ilford IG1 1NH2
£290K12/220.4 mi25, Meath Road, Ilford, Greater London IG1 1JA2
£290K11/240.44 mi119 Hyle House, Flat 13, Walton Road, Manor Park, London E12 5BN2
£285K02/250.44 miFlat 21, 119 Hyle House, Walton Road, Manor Park, London E12 5BN2
£285K02/250.44 miFlat 21, 119 Hyle House, Walton Road, Manor Park, London E12 5BN2
£290K11/240.44 miFlat 13, 119 Hyle House, Walton Road, Manor Park, London E12 5BN2
£129K04/230.45 mi1027, Romford Road, Manor Park, London, Greater London E12 5LH2
£207.5K06/210.46 mi56, Pretoria Road, Ilford, Greater London IG1 2HW2
£360K06/210.47 mi73, Balfour Road, Ilford, Greater London IG1 4HR2
£350K06/230.47 mi61a, Balfour Road, Ilford, Greater London IG1 4HR2
£296K08/210.48 mi78a, Wellesley Road, Ilford, Greater London IG1 4JZ2
£245K11/220.5 miFlat 46, Charlbury House, Grantham Road, Manor Park, London, Greater London E12 5NR2
£265K01/230.51 mi4 Vicarage Court, Baxter Road, Ilford, Greater London IG1 2HN2
£330K11/240.51 mi84, Wellesley Road, Ilford IG1 4JZ2
£250K03/250.52 mi26, St Marys Road, Ilford IG1 1QX2
£400K09/220.53 mi115a, Thorold Road, Ilford, Greater London IG1 4EZ2
£240K07/240.55 mi129, Dersingham Avenue, Manor Park, London E12 5QQ2
£240K07/240.55 mi129, Dersingham Avenue, Manor Park, London E12 5QQ2
£550K03/250.55 mi1, Park Road, Ilford IG1 1SB2
£350K03/250.57 mi43, Coventry Road, Ilford IG1 4QT2
£350K03/250.57 mi43, Coventry Road, Ilford IG1 4QT2
£245K03/250.58 mi51c, Mansfield Road, Ilford IG1 3BB2
£295K08/220.58 mi86b, Sheringham Avenue, London, Greater London E12 5PE2
£287K07/250.58 mi53e, Mansfield Road, Ilford IG1 3BB2
£290K11/220.6 mi21, Connaught Road, Ilford, Greater London IG1 1RL2
£357K03/250.61 mi28a, Warwick Gardens, Ilford IG1 4LE2
£357K03/250.61 mi28a, Warwick Gardens, Ilford IG1 4LE2
£357K03/250.61 mi28a, Warwick Gardens, Ilford IG1 4LE2
£314K02/250.61 mi126a, Sheringham Avenue, Manor Park, London E12 5PE2
£290K12/240.61 mi126, Sheringham Avenue, Manor Park, London E12 5PE2
£290K12/240.61 mi126, Sheringham Avenue, Manor Park, London E12 5PE2
£243K09/220.61 miFlat 14, Springfield Court, Forsythia Close, Ilford, Greater London IG1 2BN2
£204K11/220.61 mi15, Colchester Avenue, Manor Park, London E12 5LF2
£296.8K06/230.63 mi171, Gainsborough Avenue, London, Greater London E12 6JN2
£235K05/230.64 mi81, Lavender Place, Ilford, Greater London IG1 2BG2
£200K09/220.64 mi107, Lavender Place, Ilford, Greater London IG1 2BG2
£230K09/240.65 mi33, Lavender Place, Ilford IG1 2BG2
£320K07/220.66 miFlat A, 202, Sheringham Avenue, London, Greater London E12 5PQ2
£554.8K06/210.69 mi81, Wellesley Road, Ilford, Greater London IG1 4LJ2
£274K10/240.73 mi11, Blackthorn Road, Ilford IG1 2NS2
£330K12/240.75 mi873, Romford Road, Manor Park, London E12 5JY2

Local Rents

50 rents from £750/mo to £2.3K/mo, average is £2K/mo.

Rent
Date
Distance
Address
Beds
 
£1,75010/250.04 miChurchill Court2
£1,70011/250.06 miChurchill Court, Albert Road, Ilford, IG12
£1,70011/250.06 miChurchill Court, Albert Road, Ilford, IG12
£75005/250.08 mi-2
£2,00009/250.09 miIlford Lane, Ilford, Essex, IG12
£2,00008/250.11 miClements Lane, Ilford, IG12
£2,00008/250.11 miClements Lane, Ilford, IG12
£1,77504/240.11 mi-2
£2,05004/250.11 mi-2
£1,60010/250.12 mi-2
£1,50011/250.12 mi-2
£1,90006/250.14 miGilford House, 93 Clements Road2
£1,45006/250.14 mi-2
£1,99005/250.14 mi-2
£1,98004/240.14 miPioneer Point, Ilford, IG12
£2,00604/240.14 miPioneer Point, Ilford, IG12
£2,00604/240.14 miPioneer Point, Ilford, IG12
£1,99504/240.14 miPioneer Point, Ilford, IG12
£1,99505/240.14 miPioneer Point, Ilford, IG12
£1,99505/240.14 miPioneer Point, Ilford, IG12
£1,99905/250.14 miPioneer Point, Ilford, IG12
£2,30005/250.14 miPioneer Point, Ilford, IG12
£1,95006/250.14 miPioneer Point, Ilford, IG12
£1,95006/250.14 miPioneer Point, Ilford, IG12
£1,95006/250.14 miPioneer Point, Ilford, IG12
£1,99906/250.14 miPioneer Point, Ilford, IG12
£1,99907/250.14 miPioneer Point, Ilford, IG12
£1,99907/250.14 miPioneer Point, Ilford, IG12
£1,99907/250.14 miPioneer Point, Ilford, IG12
£1,99907/250.14 miPioneer Point, Ilford, IG12
£1,95008/250.14 miPioneer Point, Ilford, IG12
£1,90008/250.14 miPioneer Point, Ilford, IG12
£1,90008/250.14 miPioneer Point, Ilford, IG12
£1,95008/250.14 miPioneer Point, Ilford, IG12
£1,99909/250.14 miPioneer Point, Ilford, IG12
£2,05309/250.14 miPioneer Point, Ilford, IG12
£2,07009/250.14 miPioneer Point, Ilford, IG12
£2,11609/250.14 miPioneer Point, Ilford, IG12
£2,07009/250.14 miPioneer Point, Ilford, IG12
£2,11609/250.14 miPioneer Point, Ilford, IG12
£2,07009/250.14 miPioneer Point, Ilford, IG12
£2,11609/250.14 miPioneer Point, Ilford, IG12
£1,94510/250.14 miPioneer Point, Ilford, IG12
£1,94510/250.14 miPioneer Point, Ilford, IG12
£1,94510/250.14 miPioneer Point, Ilford, IG12
£1,94511/250.14 miPioneer Point, Ilford, IG12
£1,94511/250.14 miPioneer Point, Ilford, IG12
£1,94511/250.14 miPioneer Point, Ilford, IG12
£1,94511/250.14 miPioneer Point, Ilford, IG12
£1,80004/250.14 mi-2

Local Area Statistics

Population in IG1

63,569

Population in Ilford

181,468

Town centre distance

1.57 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £275,000

October 31, 2024

Sold for £260,000

2020

Sold for £63,995

1998

Sold for £56,450

1995

Floor Plans

Property image

Description

  • Two Bedrooms Purpose Built +
  • Balcony +
  • Allocated Parking Space +
  • Gated Development +
  • Fantastic Public Transport Links +
  • Walking Distance To All Amenities +

Guide Price £275,000 - £300,000

This apartment presents an excellent opportunity, whether you're a first-time buyer looking to step onto the property ladder or an investor seeking a promising rental asset. Access to the building is secured through a gated entry with CCTV monitoring, ensuring safety and peace of mind. Inside, you'll find a spacious lounge that opens to a balcony via double-glazed patio doors, filling the room with natural light. The apartment includes a master bedroom with fitted wardrobes, a second bedroom, a well-equipped kitchen, and a family bathroom.

The property is surrounded by well-maintained communal gardens and includes an allocated parking space. Located in a peaceful cul-de-sac just off Albert Road, it’s ideally positioned only 0.2 miles from Ilford Station, offering quick access to Stratford and Liverpool Street. Nearby bus routes provide easy transit to Barking and Ilford town centers, while the A13 and A406 offer convenient car access. Families will appreciate its proximity to reputable local schools.

Agent Details

haart, Ilford

020 3840 3859

Next Steps?

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