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7A Merton Park Parade, London, SW19 3NT - Image 1
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7A Merton Park Parade, London, SW19 3NT

London

£160,000

Listed on 12/09/2026

The listing

Property details

Bedrooms
0
Type
Flat

Description

This first-floor flat presents a unique residential development opportunity, currently in shell condition. Located conveniently for the amenities of Wimbledon Chase, the property features a separate ground floor entrance and staircase, ensuring privacy and exclusivity. The flat is self-contained and benefits from its own utility meters, distinct from the commercial unit below. With the residential space vacant since April 2025, it offers significant potential for renovation and development, subject to obtaining the necessary consents. The surrounding area boasts excellent transport links, local shops, restaurants, and green spaces, making it an attractive prospect for investors or developers looking to capitalize on this prime location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

47out of 100
Grade ELow opportunity

Confidence: LOW

This first-floor flat presents a significant renovation opportunity in a well-located area of Wimbledon Chase. Although currently in shell condition with exposed framing and unfinished surfaces throughout, the vacant possession allows for immediate work to commence. The distinctive layout presents a canvas for creative redesign, enabling potential buyers to completely reimagine the space to suit their needs.

The asking price of £160,000 is notably cheaper compared to the local average sale price of £629,997, which offers a modest opportunity given the right vision and resources. However, the project is substantial and will require a full gut renovation, involving a robust budget and timeline to bring it to a habitable standard. The property also has development potential, subject to the necessary planning consents, making it an intriguing prospect for those looking to create value through extensive refurbishment.

Key opportunities

  • The flat's layout allows for creative redesign possibilities, offering the chance to create an open-plan living space.
  • Vacant possession enables immediate access for renovation, allowing for quick progress once the project begins.
  • Development potential exists, subject to planning consent, which could enhance the property's value significantly.

Key risks

  • Stripped interiors and a substantial budget for works make this a full-gut programme, not a simple refresh.
  • Dated exterior and roof condition may require additional attention and resources during renovation.

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Map

Location

7A Merton Park Parade, London, SW19 3NT
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 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.

Tax

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