Worst House on the Street Logo
Longmead Road, London SW17 - Image 1
Longmead Road, London SW17 - Image 2
Longmead Road, London SW17 - Image 3
Longmead Road, London SW17 - Image 4
Longmead Road, London SW17 - Image 5

Longmead Road, London SW17

London

£650,000
Listed on 26/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
979 sqft

Description

This semi-detached freehold home presents a valuable opportunity in the vibrant Tooting area, set on a spacious plot that allows for various renovation possibilities. The property offers practical living spaces with two reception rooms and an integral kitchen on the ground floor, alongside three bedrooms and a family bathroom upstairs. The loft space is particularly noteworthy, providing potential for expansion (subject to planning permission), which could significantly enhance the property's value. Situated on Longmead Road, this residence benefits from its proximity to Tooting's lively amenities, including a diverse array of shops, restaurants, and bars along Tooting High Street and the trendy boutiques of Tooting Market. Additionally, Tooting Broadway Underground Station is conveniently within walking distance, ensuring easy access to central London. This property is sold chain-free and includes side access to the rear garden, offering further scope for development or landscaping projects. With its solid structure and prime location, this home not only makes for comfortable living but also serves as an excellent investment opportunity for those looking to make their mark in a highly sought-after neighborhood.

Investment Analysis

(SW17 area)

Below Market Value

This property is priced -9.2% below area average per sq ft

-9.2%
Potential saving
This Property
£664/sq ft
Area Average
£731/sq ft
Avg Rent (weekly)
£549
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£787,645
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Monthly Sales
36
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SW17)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 2.6%
5 year growth: 2.3%
Investment Disclaimer: Analysis based on SW17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Longmead Road, London SW17
Map showing location of Longmead Road, London SW17
Open Map