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London
£475,000
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 three-bedroom mid-terrace house presents a strong opportunity for buyers looking to undertake a substantial renovation project. The asking price of £475,000 is exceptionally cheap at £488/sqf compared to the local average of £981/sqf, making it an attractive prospect for those looking to acquire a property with significant upside potential. The current condition shows considerable wear and a need for modernisation throughout, particularly in the living areas, bedrooms, kitchen, and bathroom. However, this provides a blank canvas for creative buyers to improve the space, enhance the layout, and inject modern character into the home.
Situated conveniently near the amenities of Clapham, Stockwell, and Vauxhall, this property benefits from good transport links and nearby green spaces, adding to its appeal for both owner-occupiers and investors alike. With an estimated renovation budget of £80,000 to £150,000, there is ample scope to add value and create a desirable home that reflects personal taste and style. The project is extensive but rewarding, offering a potential margin of 61.7% versus the local average value, which makes this listing a compelling consideration for those ready to take on a significant refurbishment challenge.
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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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