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London
£210,000Guide Price
Listed on 03/09/2026
Listed on 03/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom flat near Highbury Park presents a compelling opportunity for buyers looking to invest in a property with significant potential. Priced at £210,000, it sits at £427 per square foot, which is an impressive 54.6% below the local average of £939 per square foot. This substantial pricing advantage makes it an attractive acquisition for those looking to create value through refurbishment.
While the flat requires a full refurbishment, the scale of the project is light to typical, allowing for a variety of renovation possibilities. The flat is situated in a purpose-built block and benefits from a convenient location close to transport links, including Arsenal Tube Station and Drayton Park Train Station. With an estimated renovation budget ranging from £50,000 to £100,000, the overall investment remains favorable against the implied local average value of £462,111 post-renovation. This property is a blank canvas, ready for someone to come in and modernize it to their taste, tapping into its full potential.
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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