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London
£1,450,000
Listed on 08/10/2026
Listed on 08/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Merlewood is a spacious Edwardian residence set on a generous plot of approximately 0.6 acres, offering exciting potential for modernisation. While the interior shows signs of wear and is dated throughout, this presents a unique opportunity for an incoming buyer to create a highly individual family home. The property retains its character and generous proportions, making it ideal for both family living and entertaining, particularly in the well-proportioned reception rooms and the functional, though outdated, kitchen.
The asking price of £1,450,000 is attractively set at £522 per square foot, which is below the local average of £578 per square foot. This provides an advantageous entry point for buyers looking to invest in a home with potential. With a renovation budget estimated between £50,000 and £120,000, there is ample scope to enhance the property's appeal while benefiting from its substantial grounds and overall charm. The combination of a cheap asking price and the opportunity to create a bespoke living space makes this property stand out as a potential opportunity for savvy buyers.
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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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