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London
£500,000
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: LOW
This unmodernised two-bedroom garden flat offers a solid opportunity for those looking to create their ideal home. Priced at £500,000, it sits 24.4% below the local average £/sqf, presenting a valuable entry point into a good location that is well-connected to both Queens Park and Maida Vale. The flat features a dated interior throughout, including a basic kitchen and a bathroom in poor condition, but this presents a blank canvas for renovations. The potential for personalisation and the option to extend, subject to necessary consents, adds to the appeal of this property.
While the asking price is a significant advantage, prospective buyers should be aware of the heavy project scale involved. The interiors require substantial refurbishment, with worn carpets and an overgrown garden needing attention. Stripped interiors and a full-gut programme will be necessary to realise the property's potential, making it essential to budget for a comprehensive renovation. However, the opportunity to transform this space into a modern home is undeniable, particularly in a desirable location that offers both charm and accessibility.
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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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