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The Springs, Turnford

London

£385,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
939 sqft

Description

This three-bedroom mid-terraced property is situated in the desirable area of Turnford, offering a solid foundation for those looking to invest in a renovation project. The spacious lounge features ample natural light, while the rear kitchen and dining area open directly to the garden, creating a functional layout that could be enhanced with modern updates. The home includes a convenient downstairs cloakroom and boasts the potential for extensions or alterations, subject to planning permission. Additionally, there is a detached garage located at the rear of the property, providing valuable off-street parking or storage options. With gas central heating and double-glazed windows throughout, this property is already equipped with essential amenities. However, its true value lies in the opportunity to personalize and modernize it according to your vision. Located in a sought-after neighborhood with good transport links and local amenities, this property promises not only comfortable living but also significant investment potential for future growth.

Investment Analysis

(EN10 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£410/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£369
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£471,002
10% above area average per sq ft
Potential ROI
+8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (EN10)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 2.5%
5 year growth: 14.7%
Investment Disclaimer: Analysis based on EN10 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

The Springs, Turnford
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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
£1,410
Based on a loan of £288,750 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE