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London
£614,950
Listed on 05/10/2026
Listed on 05/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached house on The Glade presents a medium-scale renovation project, offering a self-contained annexe that adds versatility for multi-generational living or rental potential. The property is situated in a family-friendly area, conveniently close to schools and transport links, making it an attractive opportunity for those looking to invest in a home with scope for improvement. However, the overall condition is dated, with living areas, bedrooms, and the kitchen all requiring modernisation, while the bathrooms show signs of wear. The large garden, although needing maintenance, complements the spacious interior and provides room for enhancement.
Though the asking price of £614,950 is positioned at £510/sqf, slightly above the local average of £483/sqf, this project does present challenges. The total all-in costs, estimated at £694,950 when factoring in renovations, lead to a valuation that stretches the budget against local benchmarks for similar properties. This creates a negative margin of 16.2%, indicating that while there is potential for value enhancement, the economics of the project may limit returns. It’s essential to consider these financial aspects carefully before proceeding with a bid, especially as auction dynamics could push the final price above the guide.
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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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