Albany Road, New Malden, KT3

This spacious terraced house presents a compelling opportunity for those looking to invest in a renovation project. With an asking price of £585,000, it stands out as significantly cheaper compared to the local average of £617/sqf, making it an attractive option for buyers seeking value. The home boasts generous living areas and well-proportioned bedrooms, all of which can be transformed with modern updates.

However, the property requires extensive refurbishment, with dated interiors and general wear evident throughout. The kitchen and bathroom feature outdated fixtures and basic cabinetry, which will need considerable work. The project scale is heavy, as the interiors are largely stripped and will require a comprehensive budget of £100,000 to £150,000 for renovations. With its excellent location near amenities and transport links, this home has great potential for those willing to undertake the work needed to enhance its appeal and value.