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London
£550,000
Listed on 16/09/2026
Listed on 16/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached house presents a considerable renovation project, requiring modernisation throughout, including the kitchen and bathroom. While the property's asking price of £550,000 is above the local average at £567/sqf, the generous side plot offers potential for significant expansion or development, making it a unique opportunity for those looking to add value.
However, the overall economics are stretched, with the all-in costs estimated at £610,000 against local benchmarks suggesting a current average value of £478,695 for similar properties. This gap indicates limited margin for return on investment, which could deter some buyers. The property's good fundamentals and location are strong points, yet potential purchasers should weigh these against the high initial outlay and the need for extensive refurbishment.
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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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