Nickelby Close, London
London
£275,000
Listed on 24/09/2026
Listed on 24/09/2026
The listing
Property details
Bedrooms
2Type
HouseFeatures
- Garden
Description
This two-bedroom freehold house is offered with no onward chain and is described as requiring refurbishment throughout. The accommodation comprises a lounge, kitchen, bathroom and two bedrooms, with the listing also noting double glazing and a small garden area. Room dimensions are provided for the lounge, kitchen, bedrooms and bathroom. The existing layout offers a starting point for a renovation, with scope to update the interior for owner occupation or rental use. The property is in Nickelby Close, with public transport and local schools described as conveniently accessible.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
This two-bedroom house is a genuine full-project canvas: the living spaces and bedrooms need making good, while the heavily worn kitchen and bathroom offer scope to reshape the interior into a more contemporary home. The small enclosed garden and exterior that appears broadly intact in the photos are useful starting points. Mould-like staining along the lower bedroom walls should be investigated before redecorating, and the visible wiring and services need checking. The £55,000–£90,000 renovation range signals a substantial programme rather than a cosmetic refresh.
The score is 47/100, grade E, so this is a lower-opportunity proposition overall. The floor area is missing, which means value versus local £/sqf cannot be judged yet; the price and residual value therefore remain difficult to assess from the available figures.
Key opportunities
- Rework the worn kitchen and bathroom finishes as part of a whole-house update.
- Make the marked living room and bedrooms your own through renewed finishes and flooring.
- Build on the small enclosed garden and broadly intact-looking exterior as a starting point for the project.
Key risks
- Substantial deterioration across the living room, bedrooms, kitchen and bathroom, together with a £55,000–£90,000 works range, makes this a full-gut budget and programme rather than a cosmetic refresh.
- Investigate the mould-like staining along lower bedroom walls before treating and redecorating.
- Visible wiring and services require inspection.
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Finance
Mortgage calculator
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,039
Based on a loan of £206,250 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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Pricing
Price history
-8.3% since listed
£275,000£25,000(-8.3%)
14/10/2026£300,000Initial listing
24/09/2026Services
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