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London
£425,000
Listed on 31/08/2026
Listed on 31/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom terraced house presents a compelling opportunity for renovation enthusiasts, particularly given its guide price of £425,000, which is notably below the local average of £563/sqf. This affordability allows for significant value creation through refurbishment, making it an attractive proposition for those looking to invest in a property with potential.
While the interior shows signs of wear and requires substantial modernisation, it offers an excellent canvas for personalisation. The layout features a good-sized lounge leading into a separate dining area and kitchen, with a sunroom that opens onto the garden, creating a sociable space ripe for reconfiguration. The property's good location near schools adds to its appeal, making it ideal for families.
However, prospective buyers should be prepared for a heavy renovation project, with estimated costs ranging between £100,000 and £150,000. The dated condition throughout and the need for extensive refurbishments present a significant undertaking, but the rewards could be substantial. There is considerable potential to create a modern family home tailored to personal tastes, making this a worthwhile investment for those ready to roll up their sleeves.
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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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