Tilehurst Road, SW18

This three-bedroom detached house offers ample potential for those looking to invest in a project in a desirable location. With a guide price of £1,150,000, the asking price comes in at £1,168 per square foot, which is notably higher than the local average of £780 per square foot, making it a dear option for buyers. However, the property features a generous 66 ft garden and a layout that could be modernized to create additional value.

While the interiors are dated, including a kitchen with old cabinetry and appliances, and a bathroom that requires updating, these aspects provide a blank canvas for creative renovations. The living areas and bedrooms also exhibit signs of wear, but with a renovation budget ranging from £50,000 to £100,000, there is an opportunity to significantly enhance the overall aesthetic and functionality of the home. Keep in mind that the total investment, including the purchase price and renovation costs, will stretch against local benchmarks, making the economics a challenge. Still, the good location and potential for expansion make this property worth considering for those ready to take on the project.

The project numbers deserve scrutiny: once you include an estimated £75,000 of works on top of the asking price, spend approaches £1,225,000 — roughly 37% above what comparable floor area achieves locally in current condition. The economics score captures that squeeze; finished resale value is outside our model.