
London
£500,000
Listed on 14/10/2026
Listed on 14/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi has a substantial project canvas: the photographed interiors show worn finishes, the kitchen has water visible on the floor, and the bathroom walls are heavily marked. The roughly 60 ft rear garden is currently overgrown and debris-strewn, but clearing and assessing it could make much more of this outdoor space; the garage and possible front parking add further practical potential, subject to consents for the latter. The £500,000 asking price is about 6.5% below the local £/sqf average, which is a positive starting point for a project buyer.
The economics are the constraint: purchase plus the £65,000–£105,000 renovation range looks tight against local benchmarks, with the midpoint all-in figure above the implied current local average value. The visible water needs investigating, and the extent of making-good and garden clearance will need careful budgeting, so this is better suited to someone who can manage a substantial programme than a cosmetic refresh.
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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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