
London
£230,000
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: LOW
This one-bedroom flat represents a compelling opportunity for first-time buyers or investors looking to add value through refurbishment. Priced at £230,000, it is notably cheap compared to the local average of £594/sqf, making it 14.3% below market rates. The property is vacant and chain-free, allowing for a quick purchase, which is an added advantage in today’s market.
While the interior is dated and shows visible wear throughout, with an outdated kitchen and bathroom, this presents a blank canvas for renovation. The well-maintained communal grounds and good exterior condition add to the appeal, providing a pleasant living environment. With a long lease of 106 years remaining and no service charge, this flat is well-positioned for those looking to modernise and potentially improve energy efficiency, as indicated by the current EPC rating of E. Overall, this flat offers a solid foundation for a rewarding renovation project in a desirable location.
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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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