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Ovington Street, London, SW3

London

£3,200,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1708 sqft

Description

This Grade II listed terraced house presents a unique opportunity for those looking to invest in a property with significant renovation potential. The classic Victorian structure is situated on a spacious street that lies at the intersection of Chelsea and Knightsbridge, known for its desirable residential atmosphere. The layout comprises three bedrooms, two bathrooms, and two reception rooms, all arranged over a basement and three upper floors. A kitchen/breakfast room provides ample space for cooking and dining, while a small terrace above the breakfast area adds an outdoor dimension to the home. A compact patio garden at the rear offers private outdoor space, although the entire property is in need of comprehensive modernization and refurbishment. One of the key advantages of this property is its flexibility; prospective buyers have the potential to reconfigure and rearrange internal layouts, subject to obtaining the necessary statutory consents. This adaptability allows for personalized touches that can transform this house into a modern family home or upscale rental investment. Located on Ovington Street, you'll find local shops and restaurants just a stone's throw away, with additional world-class retail and dining options available nearby on Sloane Square, Sloane Street, and Brompton Road. The tranquil greenery of Kensington Gardens and Hyde Park adds to the appeal of this central location. Commuters will appreciate easy access to major routes via the A4 M4 and A315. With 1,708 square feet of space to work with in a coveted area, this property not only invites creative renovations but also represents an excellent investment opportunity in one of London's most sought-after neighborhoods.

Investment Analysis

(SW3 area)

Above Market Value

This property is priced +12.5% above area average per sq ft

+12.5%
This Property
£1,874/sq ft
Area Average
£1,666/sq ft
Avg Rent (weekly)
£980
Avg Yield
2.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£3,130,269
10% above area average per sq ft
Potential ROI
-9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (SW3)

Area prices are falling by +15.9% over the last 12 months
3 year growth: -25.7%
5 year growth: -28.3%
Investment Disclaimer: Analysis based on SW3 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

Ovington Street, London, SW3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£11,722
Based on a loan of £2,400,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE