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Cromwell Road, London, TW11

London

£2,000,000

Listed on 20/05/2026

Property Details

Bedrooms
8
Type
Residential Development
Area
3901 sqft

Description

This investment property presents a noteworthy opportunity in the London Borough of Richmond upon Thames, consisting of two freehold houses that have been transformed into eight self-contained flats (1 studio, 2 one-bed, and 1 two-bed). There is significant potential for further development with the possibility of adding an additional studio flat in the loft areas, subject to obtaining the appropriate planning permissions. Currently generating a combined annual rental income of £143,220, this property yields an attractive gross return of 7.16% based on the guide price. The location is ideal, situated just 123 meters from Teddington Station for quick access to London Waterloo within half an hour. Local amenities include Teddington High Street at 401 meters away and the scenic Bushy Park within walking distance—perfect for leisure activities. With its competitive positioning and room for further enhancement, this property stands out as a solid investment opportunity.

Investment Analysis

(TW11 area)

Below Market Value

This property is priced -32.3% below area average per sq ft

-32.3%
Potential saving
This Property
£513/sq ft
Area Average
£757/sq ft
Avg Rent (weekly)
£541
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£3,248,792
10% above area average per sq ft
Potential ROI
+44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TW11)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -5.7%
5 year growth: -0.5%
Investment Disclaimer: Analysis based on TW11 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

Cromwell Road, London, TW11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£7,135
Based on a loan of £1,500,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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