Proppys
IG1Redbridge

Ilford Central & Surrounds

Ilford Central & Surrounds investment guide. Average gross yield 5.1%, landlord's market rental demand.

5.1%avg gross yield
£460kavg sold price (391 sales, 12mo)
Landlord's marketrental demand
Article 4: No· Permitted development applies
Last updated April 2026
Average Gross Yield
5.1%
-1.2% vs Redbridge avg (6.3%)
Average Asking Price
£460,000
high confidence (391 sales)
Est. Monthly Rent
£1,802
2-bed · 3-bed £2,383 · 5.8% yield
Price Per Sq Ft
£447
City avg £980/sqft · 533 below average
Estimated Rent by Bedroom Count
Average asking rent and gross yield per bedroom count in IG1
1-bed
£1,422
per month
7.2% yield
2-bed
£1,802
per month
5.8% yield
3-bed
£2,383
per month
5.9% yield
4-bed
£2,780
per month
6.0% yield
Ownership mix
IG1 vs UK average · 25,797 dwellings · Source: ONS Census 2021
Landlord-heavy: 43% privately rented (btl) (23pp higher than the UK average of 20%).
Owned outrightNo mortgage on the property
21.6%(UK 32.9%)
-11.3pp vs UK
Owned with mortgageIncluding shared ownership
23.6%(UK 29.7%)
-6.1pp vs UK
Privately rented (BTL)Private landlord or letting agent
43.1%(UK 20.3%)
+22.8pp vs UK
Socially rentedCouncil or housing association
11.7%(UK 17.1%)
-5.4pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Yield by Property Type
Gross yield breakdown across property types in IG1
PropertyData.co.uk
TypeGross YieldAvg PriceAvg Rent/mo
Terraced →5.3%£481,535£2,134
Semi-detached →4.0%£724,603£2,421
Detached →3.2%£806,795£2,133
Flat →9.1%£235,000£1,787

Explore by strategy

Live data for each property type across Redbridge.

HMOTerracedSemi-detachedDetachedFlatsStudent letsNew buildStrategy primers →
About Ilford Central & Surrounds (IG1, Redbridge)

IG1 attracts property investors seeking solid rental yields in an established residential area with good transport links. The 5.1% gross yield offers competitive returns, whilst the landlord's market conditions suggest strong rental demand relative to available stock.

The tenant demographic is diverse, spanning young professionals and families seeking affordable accommodation within commuting distance of central London. Rental demand spans across all property sizes, from single-occupancy professionals in 1-bedroom units (£1,422/month) through to larger family homes at 4-bedroom level (£2,780/month).

Investors should note the lack of recent price data in this analysis and should conduct thorough local market research before committing. Property condition, council tax bands, and competition from newer developments in adjacent areas warrant careful consideration when evaluating specific opportunities.

Sold Price Trend - IG1
Average sold price, last 8 quarters
+13.8% over 2 years
Flip Activity - IG1
Same property bought and sold within 18 months, last 24 months
→ vs prior 24 months
Flips
2
last 24 months
Median uplift*
+0.0%
after HPI adjust
Median hold
0 mo
Flip rate
0.0%
of all sales
Recent case studies
natal road
Terraced
Bought Nov 23
£300k
Sold Dec 24
£450k
14 mo+45.4%*
Gross 50.0%
wingate road
Terraced
Bought Oct 23
£360k
Sold Aug 24
£430k
11 mo+19.8%*
* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.
Planning & Licensing - IG1
Restrictions that affect HMO and buy-to-let investors in this postcode district
✓
Article 4 Direction (HMO)Not in effect
HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.
✓
Selective LicensingNot in effect
✓
Additional HMO LicensingNot in effect
Planning restriction data not yet verified for this area.
Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.
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