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** Price Range £400,000 - £425,000 ** - Image 1
** Price Range £400,000 - £425,000 ** - Image 2
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** Price Range £400,000 - £425,000 ** - Image 12

** Price Range £400,000 - £425,000 **

London

£400,000

Listed on 06/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
977 sqft

Description

Located in the serene neighborhood of The Underwood, this mid-terrace house presents a promising opportunity for renovation enthusiasts looking to create their ideal living space. Spanning 977 square feet, the property is well-suited for families or those needing extra room for guests. Featuring two spacious reception rooms, the layout encourages both relaxation and entertaining. The three bedrooms provide ample accommodation, while the first-floor bathroom and convenient ground floor WC enhance usability. The open-plan lounge and dining area fosters a cozy environment, perfect for family gatherings. The separate kitchen offers significant potential for modernization to align with your personal style and preferences. Outside, you'll find both front and rear gardens that could be revitalized, with the front garden also presenting an exciting possibility for off-road parking — a highly desirable feature in today's market. This chain-free home requires some updating, allowing you to inject your personal flair and transform it into your dream abode. With its advantageous location in a peaceful setting, this property is an excellent choice for first-time buyers and investors alike seeking a project with significant potential.

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Investment analysis

(SE9 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£409/sq ft
Area Average
£493/sq ft
Avg Rent (weekly)
£454
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£529,827
10% above area average per sq ft
Potential ROI
+24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SE9)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +2.5%
5 year growth: +8.9%
Investment Disclaimer: Analysis based on SE9 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

** Price Range £400,000 - £425,000 **
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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
£1,511
Based on a loan of £300,000 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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