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Watermill Close, Richmond, TW10

London

£400,000
Listed on 07/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
941 sqft

Description

This two-bedroom maisonette presents a valuable opportunity for those interested in renovation and investment. Conveniently located near essential amenities and transport links, the property serves as a blank canvas poised for a modern makeover. The layout features two spacious bedrooms and a bright living area with significant potential for enhancement. Additionally, the separate kitchen area allows for redesign possibilities to maximize functionality. With its own private entrance, this property not only promises comfort but also boasts excellent potential for value addition. While it does require thorough updating throughout, this maisonette is ideal for first-time buyers or savvy investors looking to personalize their living space while capitalizing on its investment prospects.

Investment Analysis

(TW10 area)

Below Market Value

This property is priced -51.8% below area average per sq ft

-51.8%
Potential saving
This Property
£425/sq ft
Area Average
£881/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£912,389
10% above area average per sq ft
Potential ROI
+109.7%
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

Watermill Close, Richmond, 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
£1,465
Based on a loan of £300,000 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