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London
£400,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom semi-detached house presents a notable project for buyers looking to put their own stamp on a property. While the asking price of £400,000 translates to £607/sqf, which is significantly above the local average of £494/sqf, the corner plot offers a generous space that could allow for extensions, subject to planning permissions. The kitchen is modern and in good condition, providing a solid foundation, while the rest of the interiors, including the living space, bedrooms, and bathroom, show signs of age and wear, indicating a need for renovation.
However, the all-in costs, combining the purchase price and renovation estimates, stretch the economics compared to local benchmarks for similar properties. This makes the overall value proposition less attractive, with a margin that could be challenging to recover. Despite these economic hurdles, the potential to modernize and enhance the property remains an appealing draw for those willing to undertake the work. The location is convenient, with access to local amenities and transport links, making it a worthwhile consideration for renovation enthusiasts.
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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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