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Putney Hill, London, SW15

London

£240,000
Listed on 05/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
437 sqft

Description

This fourth-floor one-bedroom flat in the Hedley Court development offers a unique opportunity for cash buyers looking to invest in a property that requires significant cosmetic updates. Originally built in 1960, the apartment benefits from natural light and picturesque views of Putney Heath. Its location is advantageous, being just a short distance from central Putney and the transport links it offers, as well as being near Wimbledon Common. While the building features well-kept communal gardens and is served by a lift, this property has been under single ownership for approximately 40 years, indicating a great potential for modernization. The flat requires complete redecoration to realize its full potential, yet it has been fully rewired with an acceptable EICR assessment in place.

Investment Analysis

(SW15 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£549/sq ft
Area Average
£745/sq ft
Avg Rent (weekly)
£578
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£358,290
10% above area average per sq ft
Potential ROI
+35.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SW15)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -9.1%
5 year growth: -7.2%
Investment Disclaimer: Analysis based on SW15 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

Putney Hill, London, SW15
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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
£866
Based on a loan of £180,000 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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