Flat 8, 3 The Mansions, Bramham Gardens, London SW5 9BW

This one-bedroom flat presents a solid opportunity for those looking to invest in a property that requires significant refurbishment. Priced at £235,000, it stands out as a cheap option compared to the local average sale price of £1,043,931, offering a potential entry point for buyers willing to undertake the necessary updates. The flat is dated overall, with visible signs of wear in the living area, bedrooms, and kitchen, which features old fixtures and yellow paint. Despite needing modernisation, the property is vacant and comes with a new 125-year lease from completion, making it a blank canvas for improvement.

Located near transport links and local amenities on Earls Court Road, this flat could benefit from a thoughtful renovation, with a projected budget of £40,000 to £80,000. While the project scale is light and manageable, it’s essential to be prepared for the work ahead. Given its good location and the potential for value addition, this property could turn into a profitable venture for the right buyer.