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Cobourg Road, Montpelier

South West

£450,000

Listed on 19/09/2026

The listing

Property details

Bedrooms
4
Type
Terraced
Area
1525 sqft

Description

This mid-terraced period home presents a unique opportunity for renovation in a desirable residential area. Spanning 1,525 square feet across four floors, the property features flexible accommodation that can be tailored to suit various needs. The enclosed rear garden adds potential for outdoor space, while the elevated position offers pleasant views over the city. Currently configured as a five-bedroom rental, it could easily be transformed into a charming four-bedroom family home with options for kitchen and reception room layouts. Notably, there is scope for a rear extension, subject to planning consent. The property has been let for many years and is now vacant, allowing for immediate updates. Additionally, Japanese Knotweed has been identified in a small section of the garden, with a survey and remediation plan available upon request. Located in Montpelier, this home is close to local amenities and transport links, making it an attractive investment or family residence.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

78out of 100
Grade BGood opportunity

Confidence: MEDIUM

This four-bedroom, bay-fronted period home presents an exciting opportunity for renovation in a sought-after location. With a guide price of £450,000, it's significantly below the local average of £496/sqf, making it an attractive acquisition for those looking to invest in a property with potential. The home requires substantial refurbishment, with dated interiors and visible wear throughout, including a kitchen and bathroom that are in need of updating.

The property boasts flexible accommodation over four floors and the possibility of creating a fine family home or continuing its use as a rental investment. There is also the potential for a rear extension, subject to planning consent, adding to the appeal for buyers looking to enhance the living space. However, prospective buyers should be aware of the Japanese Knotweed identified in the rear garden, which requires attention. Overall, this property offers a solid project for those ready to take on a full-gut renovation and unlock its true value.

Key opportunities

  • Flexible accommodation over four floors allows for creative reconfiguration, making it suitable as a family home or rental.
  • The potential for a rear extension provides an opportunity to increase living space and functionality.
  • The property's location near local amenities and transport links enhances its investment appeal.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.
  • Japanese Knotweed has been identified in a small section of the rear garden, requiring a remediation plan.

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Map

Location

Cobourg Road, Montpelier
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% interest

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.

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