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Northborough Road, London, SW16 - Image 1
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Northborough Road, London, SW16

London

£475,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
992 sqft

Description

This three-bedroom home stands out with its considerable renovation and investment potential, situated on a desirable residential street. The property features a spacious layout with two well-lit reception rooms that can be utilized for various purposes, such as a family sitting area or dining space, creating a warm atmosphere for gatherings. Upstairs, the three bedrooms offer ample room for family living. The family bathroom is functional but could be updated to suit modern tastes. Additionally, there is significant opportunity for expansion; the rear of the property presents enough space for an extension (subject to planning approval), which could enhance the kitchen-dining area. The loft area also holds promise for conversion into extra living space, whether it be a bedroom or a home office. Externally, the property provides off-street parking—an invaluable convenience in this locale—and a private rear garden that offers potential for landscaping or outdoor entertaining. Located close to Streatham Common and Mitcham Lane, residents can enjoy easy access to independent cafés, restaurants, and essential local amenities. Strong transport links nearby afford quick commutes into Central London, which is advantageous for professionals working in the city. Families will value the availability of reputable schools and green spaces within walking distance. Overall, this property represents not only a comfortable home but also an opportunity to invest in an area poised for growth and development. The combination of location benefits and renovation possibilities makes it an attractive choice for buyers looking to create their ideal living space while making a smart investment.

Investment Analysis

(SW16 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£479/sq ft
Area Average
£574/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£626,349
10% above area average per sq ft
Potential ROI
+19.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Northborough Road, London, SW16
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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
£1,740
Based on a loan of £356,250 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