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New Close, London

London

£450,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1099 sqft

Description

Nestled in a calm residential cul-de-sac on the desirable New Close, this three-bedroom home combines comfort with potential for enhancement. Although presented in good condition, savvy buyers may want to consider updates to maximize its full investment potential. The ground floor features a spacious reception area ideal for social gatherings and a kitchen that overlooks a generous private garden, perfect for outdoor activities or future landscaping projects. Upstairs, you will find three well-sized bedrooms alongside a modern family bathroom. This property not only suits first-time buyers and growing families but also those looking to capitalize on the area's attractive amenities and transport links. With good access to Tramlink services and local bus routes, commuting into Central London is straightforward. Given the strong local schools and green spaces nearby, this residence represents an excellent opportunity for families seeking both community and convenience.

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Investment analysis

(SW19 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£409/sq ft
Area Average
£746/sq ft
Avg Rent (weekly)
£560
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£902,383
10% above area average per sq ft
Potential ROI
+86.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SW19)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -3.1%
5 year growth: -2.1%
Investment Disclaimer: Analysis based on SW19 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

New Close, London
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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
£1,700
Based on a loan of £337,500 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.

Stamp duty calculator

Next Steps

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