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Cromwell Road, London, TW11

London

£2,000,000

Listed on 20/05/2026

Property Details

Bedrooms
8
Type
Block Of Apartments
Area
3901 sqft

Description

This investment opportunity presents two freehold properties in the desirable London Borough of Richmond upon Thames, currently configured into four self-contained flats per property (totaling eight). Each unit includes a mix of one studio, two one-bedroom flats, and one two-bedroom flat, all yielding a combined annual rental income of £143,220 and achieving a gross yield of 7.16%. Notably, there is potential to enhance the value further by converting loft spaces into an additional studio flat in each property, subject to necessary planning permissions. The location is ideal for commuters with Teddington Station just 123 meters away, offering direct services to London Waterloo in approximately 30 minutes. Nearby Teddington High Street provides a variety of amenities including shops, cafes, and restaurants, while Bushy Park is conveniently located within walking distance for leisurely outdoor activities. The sellers are open to selling the properties as a package or individually, making this an attractive proposition for savvy investors looking to maximize returns.

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
£80,000 - £120,000
Target Value
£3,248,792
10% above area average per sq ft
Potential ROI
+53.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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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