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Gerrards Close, London

London

£400,000

Listed on 13/07/2026

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor flat presents a unique opportunity for potential buyers looking to invest in a property that requires some updating. Located in a well-connected area of London, this flat is ideal for first-time buyers and investors alike who are eager to create a personalized living space. The proximity to public transport, reputable schools, and local amenities makes it particularly appealing for families and those seeking convenience. Inside, the flat includes two spacious double bedrooms that can comfortably accommodate both residents and guests. The layout features a reception room that offers a cozy area for relaxation or social gatherings. The kitchen is well-sized and benefits from ample natural light, providing a pleasant environment for cooking and dining. A highlight of this property is the private garden, an exceptional asset for a flat, which can be transformed into an outdoor oasis perfect for entertaining or family activities. With the right vision and renovation efforts, this space can significantly enhance the property's overall value. Overall, while the flat does require modernisation, it offers an excellent canvas for customization that could yield worthwhile returns on investment in this desirable neighbourhood. Prospective buyers are encouraged to arrange viewings to fully appreciate the potential available within these walls.

Investment analysis

(N14 area)
Area Average
£587/sq ft
Avg Rent (weekly)
£461
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (N14)

Area prices are rising by +6.2% over the last 12 months
3 year growth: -0.7%
5 year growth: +0.3%
Investment Disclaimer: Analysis based on N14 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

Gerrards 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
£1,511
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

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