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London
£365,000Guide 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: MEDIUM
This four-bedroom semi-detached house on Sherwood Road presents a compelling opportunity for those looking to invest in a significant renovation project. With an asking price of £365,000, the cost per square foot is notably low at £402, which stands 23.7% below the local average of £527. This affordability provides a strong incentive for acquisition, especially given the potential for value uplift through refurbishment.
However, the condition of the property is a concern, with signs of neglect evident throughout. The living areas, bedrooms, and garden all require extensive repairs, and the kitchen is particularly dated. The all-in costs, which could reach up to £515,000 when accounting for refurbishment, are tight against local benchmarks, indicating that the financial margins are somewhat precarious. Buyers should be prepared for a heavy project that may involve stripping the interiors and addressing significant repairs, making this a full-gut renovation rather than a simple refresh. Nonetheless, the location shows potential for growth, which could make this project worthwhile for the right buyer.
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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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