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Prescott Close, London, SW16

London

£670,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1444 sqft

Description

Situated within a peaceful cul-de-sac, this spacious four-bedroom terraced house presents a remarkable opportunity for investors or homeowners eager to personalize their space. Located in the vibrant area of Streatham, the property is conveniently located near Streatham Common and the historic Rookery Gardens. The layout spans multiple levels, providing flexible living options suitable for families or those requiring a dedicated workspace. Although the home requires some modernization, it serves as an ideal blank canvas for renovation to reflect individual style and needs. Additional features include a private rear garden, possibilities for loft or rear extensions (subject to planning permission), and off-street parking. With excellent transport links available at both Streatham and Streatham Common Stations, commuting to Central London is easily accessible. Surrounded by green spaces, local amenities, and reputable schools, this property offers significant potential to become an exceptional family home in a desirable London neighborhood.

Investment Analysis

(SW16 area)

Below Market Value

This property is priced -19.2% below area average per sq ft

-19.2%
Potential saving
This Property
£464/sq ft
Area Average
£574/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£911,742
10% above area average per sq ft
Potential ROI
+20.0%
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

Prescott Close, 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
£2,454
Based on a loan of £502,500 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