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South East
£500,000
Listed on 18/09/2026
Listed on 18/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom terraced home in the sought-after Tamworth Park area presents a solid opportunity for buyers looking to create their dream space. While the interiors are dated and require modernization, the property's good location and potential for extension (subject to planning permissions) can be leveraged to enhance its value significantly. The garden is a standout feature, providing a private outdoor space that could be transformed into an inviting area for family gatherings.
Despite the appealing guide price of £500,000, which is slightly above the local average at £507/sqf compared to £495/sqf, the all-in costs (purchase and refurbishment) appear tight against local benchmarks. This could limit the margin for profit, so it’s essential for potential buyers to carefully consider their renovation budget, estimated between £40,000 and £80,000, before proceeding. Overall, with the right vision and investment, this property has the potential to become a fantastic family home.
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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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