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Horsham Avenue, London

London

£635,000
Listed on 19/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1087 sqft

Description

This well-proportioned three-bedroom terraced home presents an exciting opportunity for renovation and investment. It boasts a generously-sized west-facing garden and off-street parking. The property is currently in need of updating but comes with the advantage of granted planning permission for a ground-floor extension and a loft conversion, which can significantly enhance both living space and property value. Located in a sought-after area near Woodhouse Road, it offers convenient access to local amenities including shops, bus services, reputable schools, and Friary Park.<br><br>Upon entry, you are greeted by an entrance porch leading into a hall with useful under-stairs storage. The spacious lounge features attractive picture rails and cornicing, while the dining room includes a gas fire and sliding doors that provide access to the garden—ideal for entertaining or family gatherings. The kitchen is equipped with essential fittings but would benefit from modernisation to meet contemporary standards.<br><br>On the first floor, you'll find three bedrooms alongside a shower room/WC that has been partially updated but could be enhanced further. The potential to revitalise this home is immense, making it a compelling project for those looking to invest in a property with strong growth prospects.

Investment Analysis

(N12 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£584/sq ft
Area Average
£609/sq ft
Avg Rent (weekly)
£479
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£728,660
10% above area average per sq ft
Potential ROI
+7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (N12)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -10.9%
5 year growth: -3.7%
Investment Disclaimer: Analysis based on N12 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

Horsham Avenue, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,290
Based on a loan of £476,250 over 30 years at 4.06% 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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