Why are people flocking to live in Ilford?
Located in the borough of Redbridge, Ilford seems to be on the rise as people start to notice its growing appeal through recent years of investment. Ilford has had ambitious regeneration plans in the pipeline for a while now and you can see the difference it is starting to make. Newly built and stylish apartments such as Pioneer Point have also been built in the area to help with this continuous growth.
Property on the market
Ilford enjoys a wide range of properties, which includes late Victorian, Edwardian and 1920’s terrace houses which are close to Valentines Park and Gants Hill. It may sound like a sales call but right now is best time to invest in property in Ilford. This is because it currently has one the best yields in London, no joke. According to the Portico Yield map the yield currently stands at 6.1%.
Another key feature to Ilford’s growing property market is Pioneer Point, a unique residential area that offers a truly unique East London experience. Stylish fittings and an incredible list of amenities to suit all types of people, such as an on-site communal cinema for the children and work pods for the adults to get any unfinished work done. The smart layout of these apartments allows you to make the most of the picturesque views of London’s skyline. It becomes more enticing when you find out that Pioneer Point is only 3 minutes away from Ilford train station, making it super easy for working professionals to commute.
Most people don’t realise this, but Ilford is very popular for lovely green spaces, so much so that around 40% of it is made up of this! Places such as Valentines Park, which is famous for its floral displays and Valentines mansions offers a great place to take the children or dog on a walk, or maybe just a simple walk by yourself to get out the house.
With the forthcoming Elizabeth line, it’s no surprise that a large number of working professionals are starting to settle here as it offers a relaxing yet closely linked environment. Even without the Elizabeth Line, Ilford still enjoys a network of transport links such as its central railway station that can get you to central London in 30 minutes. Don’t worry, Ilford is also packed with cycle lanes throughout making it easy to get around on your bike!
The area is perfect for shopping! Ilford boasts a variety of different shops and stores located on the high streets. Not to mention its own massive shopping mall, the Exchange Ilford. You will find a tonne of branded stores there to take your fancy such as New Look, Primark and Debenhams. If you get a bit peckish, there is a lovely local market just outside the mall where you will find all styles of food! If this isn’t enough, you’re only 12 minutes away on the train from one of Europe’s shopping malls, Westfield Stratford. Just take the TFL rail and you’ll be there in no time.