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Richmond Hill, London, TW10

London

£950,000
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1425 sqft

Description

This freehold 2-bedroom house, spanning over 1,400 square feet, is situated in the sought-after Richmond Hill area and presents a compelling opportunity for renovation. Nestled away from the main road, the property is accessed via a quiet side street, providing a sense of privacy and tranquility. Inside, the layout features a spacious lounge that invites natural light, along with a kitchen/breakfast room that offers potential for modern updates. Adjoining this space is a garden room that opens onto a secluded courtyard garden, ideal for outdoor relaxation or entertaining. The two double bedrooms showcase charming mansard ceilings, adding character to the interior. Additionally, there’s a dedicated study room accompanied by a small WC. While the entire property requires updating, it represents an exceptional chance for an investor or homeowner to craft their vision and add significant value. Given the price per square foot in this desirable area, this home stands out as an attractive project without any chain complications. The potential here is substantial—both for personal customization and future resale benefits.

Investment Analysis

(TW10 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£667/sq ft
Area Average
£881/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,381,673
10% above area average per sq ft
Potential ROI
+32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TW10)

Area prices are rising by +4.1% over the last 12 months
3 year growth: -12.2%
5 year growth: -3.3%
Investment Disclaimer: Analysis based on TW10 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

Richmond Hill, London, TW10
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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
£3,480
Based on a loan of £712,500 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