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London
£200,000
Listed on 25/09/2026
Listed on 25/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom flat in Willesden Green is a substantial project, offering a blank canvas for those looking to create a personalized space. While the property shows extensive signs of neglect throughout, this presents a unique opportunity to reimagine the layout and finish to meet modern standards. The prime location, just half a mile from the Underground, adds to its appeal, especially for potential rental income.
However, the condition is a concern, with visible damage in all areas, including the living spaces, bedrooms, kitchen, and bathroom. The extensive refurbishment needed across all areas makes this a full-gut programme, not a refresh. The absence of usable floor area means that value versus local £/sqf cannot be judged yet, but the asking price of £200,000 does not appear high versus the expected renovation budget of £100,000 to £150,000. Keep in mind that bidding can go above this guide price, so the eventual cost may not stay this cheap.
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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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