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London
£450,000
Listed on 12/09/2026
Listed on 12/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This terraced house on Herga Road presents a notable renovation opportunity for those looking to create a substantial family home. While the asking price of £450,000 is positioned slightly below the local average at £510/sqf versus £528/sqf, the renovation scope is extensive, with a projected budget of £100,000 to £150,000. The current condition, marked by significant wear throughout, includes dated living spaces, bedrooms, and a kitchen that all require modernisation. The garden is overgrown, and the bathroom is in particularly poor condition, demanding full refurbishment.
Despite the challenges, the layout offers a solid foundation for improvement, and the generous principal bedroom provides a canvas for transformation. However, potential buyers should be cautious as the all-in costs, estimated at £575,000, exceed local benchmarks for the floor area, indicating a stretched margin on investment. This property is well-suited for buyers ready to undertake a heavy renovation, but it is important to be aware of the financial implications before proceeding.
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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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