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London
£875,000
Listed on 27/08/2026
Listed on 27/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Deansmere presents an intriguing opportunity for buyers looking to create their ideal home on a substantial 2.32-acre plot in semi-rural Hertfordshire. The asking price of £875,000 is significantly below the local average of £578/sqf, making this a compelling chance to acquire a property that has potential for value creation. The house, while currently in a state of neglect and requiring extensive refurbishment, offers considerable scope for imaginative improvement. The large plot could lend itself to various future uses, whether restoring the existing structure or developing something entirely new, subject to planning consents.
However, the property does show signs of deterioration, with dated interiors and an overgrown garden, indicating a significant project ahead. The kitchen requires complete replacement, and the living spaces would benefit from modernization. Despite the extensive work needed, the fundamental aspects of the property—such as its size and location—remain strong. With a renovation budget estimated between £150,000 and £300,000, there is ample opportunity for those willing to invest time and resources into transforming this property into a distinctive home.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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