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Byron Close, Streatham

London

£625,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
797 sqft

Description

This two-bedroom bungalow offers a unique opportunity for renovation and investment, situated in a tranquil close at the heart of Streatham. Spanning approximately 798 sq ft, the single-level layout features a spacious 23' open-plan living, dining, and kitchen area that seamlessly connects to a patio and a substantial rear garden bathed in sunlight. The property includes two generously sized double bedrooms and a modern family bathroom, providing a solid foundation while also inviting potential updates to fit your style. The current owners have maintained the home well, showcasing its inherent charm while leaving room for enhancements that could elevate its appeal further. As a freehold property with off-street parking, it presents both convenience and the freedom to make personal improvements. Notably, there is potential for expansion through a loft conversion, pending necessary approvals. The location adds to its attractiveness; Byron Close is conveniently positioned near Streatham Common Station for direct links to Clapham Junction, London Bridge, and London Victoria. Additionally, Steatham station provides Thameslink services. Just moments away are the vibrant shops, bars, and restaurants along Streatham High Road as well as the expansive green spaces of Streatham Common—perfect for outdoor activities or leisurely strolls. This bungalow represents not just a home but an opportunity for growth and personalization in an increasingly desirable area.

Investment Analysis

(SW16 area)

Above Market Value

This property is priced +38.7% above area average per sq ft

+38.7%
This Property
£784/sq ft
Area Average
£565/sq ft
Avg Rent (weekly)
£468
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£62,500 - £156,250
10-25% of property value
Target Value
£495,642
10% above area average per sq ft
Potential ROI
-36.6%
After renovation
Monthly Sales
46
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SW16)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 2.4%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on SW16 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

Byron Close, Streatham
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