
London
£550,000
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
At £550,000, this three-bedroom Tooting terrace is priced about 15% below the local average per square foot, making the asking price a clear acquisition opportunity. The period layout includes a bay-fronted reception, separate dining room and private garden, with scope to shape the home around a buyer’s plans; any reconfiguration or extension would be subject to consent.
The photographed rooms show peeling or damaged wall finishes in several places, worn flooring and dated fittings, while the rear garden needs clearing and reinstatement. The £45,000–£85,000 renovation range points to a substantial project. The score is tempered by the economics: purchase plus the renovation midpoint is around £615,000 against an implied current local-average value of about £646,000, before fees and without treating that figure as a renovated GDV.
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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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