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Macoma Terrace, London

London

£389,000
Listed on 27/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terrace house presents a promising renovation opportunity for investors or those looking to create a family home in a desirable London location. Spanning two floors, the property features an entrance hall leading to a reception room, dining room, and kitchen on the ground floor, along with a utility room/study and a cloakroom/WC. The first floor comprises three bedrooms and a bathroom. With approximately 117m2 of living space available, there's significant potential for modernization and expansion. A rear extension or loft conversion could increase accommodation options—subject to obtaining necessary permissions. The property benefits from front and rear gardens, making it appealing for outdoor enhancements as well. Its proximity to local amenities, parks, and excellent transport links further enhances its investment appeal.

Investment Analysis

(SE18 area)
Area Average
£522/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.4%

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
41
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.9%
Investment Disclaimer: Analysis based on SE18 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

Macoma Terrace, London
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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
£1,425
Based on a loan of £291,750 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.

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