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Bishops Park Road, Streatham

London

£490,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced home presents a promising opportunity for renovation and investment, set in a location within easy walking distance of Norbury Station. The property features an entrance hall that leads to two spacious reception rooms, providing a versatile space for family living or entertaining. The kitchen is functional and offers potential for reconfiguration or modernization. Upstairs, the three bedrooms are ample in size and perfect for accommodating family needs or creating additional work-from-home spaces. The family bathroom is also positioned conveniently on this floor. What sets this property apart is the potential for extension, subject to planning permission, allowing for increased living space to suit evolving lifestyle requirements. Additionally, being situated in a well-connected area enhances its appeal to future tenants or buyers, making it an attractive prospect for investors looking to enhance their portfolio. The freehold status provides further benefits, offering flexibility and control over the property. This home represents a unique chance to create value through renovation while capitalizing on its advantageous location.

Investment Analysis

(SW16 area)
Area Average
£574/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SW16)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 1.7%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on SW16 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

Bishops Park Road, Streatham
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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
£1,795
Based on a loan of £367,500 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