
London
£400,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This 1930s semi offers a substantial canvas: two reception rooms, a long south-easterly rear garden, driveway and gated side access give the project useful character and scope. The asking price is 12% below the local average per square foot, a genuine opportunity to acquire below that benchmark. The interiors need broad modernisation, including dated finishes and flooring, an older kitchen and bathroom, and visible peeling and dark staining in places; the lean-to is also stated to need removal. The garden could be reshaped, while any extension or loft-conversion ideas remain subject to planning permission and feasibility.
The overall score is D because the heavy works change the economics: the £48,000–£90,000 renovation range puts the purchase price plus the midpoint of works above the implied current local average value. That comparison is not a renovated valuation, but it does mean the project needs careful budgeting and a clear plan for creating value.
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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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