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Drakefield Road, London, SW17

London

£825,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
954 sqft

Description

Presenting a three-bedroom terraced property that showcases significant potential for renovation and enhancement, situated in the desirable Heaver Estate area. Spanning approximately 950 sqft, this chain-free residence is arranged over two levels and features a private rear garden which offers opportunities for extension, subject to planning permission. The front of the home includes a spacious reception room illuminated by large windows, creating a welcoming atmosphere ideal for both relaxation and dining gatherings. Leading from here is the kitchen that accesses the expansive 35-foot garden, an excellent space for entertaining guests. The property comprises three well-sized bedrooms along with a family bathroom, with the principal bedroom benefiting from built-in wardrobes to maximize storage space. Both the second bedroom and principal room are bright, reflecting an inviting environment ripe for personal touches. Located on Drakefield Road, this home benefits from being close to local parks such as Tooting Common and Wandsworth Common. Additionally, residents can enjoy nearby amenities on Balham High Road while transport links at Tooting Bec tube station or Balham's overground/underground services provide convenient access to central London. Furthermore, it falls within the catchment area for St Anselm's primary school.

Investment Analysis

(SW17 area)

Above Market Value

This property is priced +18.2% above area average per sq ft

+18.2%
This Property
£865/sq ft
Area Average
£732/sq ft
Avg Rent (weekly)
£542
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£767,794
10% above area average per sq ft
Potential ROI
-11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SW17)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +2.8%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on SW17 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

Drakefield Road, London, SW17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,117
Based on a loan of £618,750 over 30 years at 4.45% 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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