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South East
£1,320,000
Listed on 21/09/2026
Listed on 21/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
North House represents a remarkable opportunity to acquire a historically significant Grade II* Georgian townhouse at a strikingly low asking price of £1,320,000, which is £203/sqf compared to the local average of £466/sqf. This substantial discount of 56.5% below local £/sqf makes it an enticing prospect for savvy buyers looking to invest in a major renovation project. The property boasts extensive accommodation with original period features, offering a canvas for restoration enthusiasts to bring back its former glory.
However, the house has suffered significant flooding, leading to extensive water damage observed throughout multiple areas, including the living spaces and bedrooms. This necessitates a comprehensive programme of renovation, including potential structural repairs and extensive refurbishment. With a renovation budget estimated between £150,000–£350,000, prospective buyers should be prepared for a full-gut programme rather than a simple refresh, as the interiors will need to be stripped and rebuilt. Despite the challenges, the potential to enhance the character and layout of this grand home makes it a compelling project for those willing to take it on.
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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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