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London
£1,295,000
Listed on 04/09/2026
Listed on 04/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This substantial plot offers a rare development opportunity, with full planning permission in place for a new home of approximately 7,700 sq ft. The asking price of £1,295,000 is attractive when you consider the local average sale price of £673,949, although the absence of floor area limits the overall assessment. The existing bungalow is dated and requires significant refurbishment, which presents a blank canvas for buyers to create a bespoke family home or a substantial development project.
While the exterior and living areas of the existing structure may not inspire, the sizeable garden and overall location hold great potential. This property allows for a transformative renovation or rebuild that could truly maximize the space and character of the site. Buyers should be aware that the considerable scale of the project, along with the dated condition of the existing building, means that a full-gut programme will be necessary, rather than a simple refresh. It's important to factor in the potential costs and timeline of such a significant undertaking.
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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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