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London
£225,000Guide Price
Listed on 02/10/2026
Listed on 02/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom flat is a blank canvas for those looking to undertake a substantial renovation project. Located in a desirable area, the property is in shell condition and requires complete modernisation, offering a unique opportunity to reconfigure the space and create a bespoke home tailored to your taste. The presence of a license to alter adds flexibility, allowing for creative design choices that can significantly enhance the flat's layout and functionality.
While the asking price of £225,000 does not allow for a direct £/sqf comparison due to missing floor area, it does present a potential entry point for investors looking to add value through renovation. However, the extensive work required means that buyers should be prepared for a full-gut programme, with renovation costs estimated between £100,000 and £150,000. This scale of investment will be necessary to bring the flat up to modern standards, reflecting the opportunity for significant transformation despite the elevated risk involved in such a project.
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Map
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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