College Green, London, SE19
London
£500,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
969 sqftFeatures
- Garden
Description
Offered with no onward chain, this three-bedroom terraced house in College Green has a stated floor area of 969 sq ft and is described as requiring complete modernisation. The ground floor includes a hall, a front reception room opening to a dining area with access to the rear garden, a separate kitchen, and a wet room with WC. Upstairs are two double bedrooms, a single bedroom, a family bathroom and a separate WC.
The rear garden has a patio and a further lawned section. Crystal Palace Triangle and Crystal Palace Park are within reach, while Gipsy Hill and Crystal Palace stations provide rail connections towards London Bridge, Victoria and the City. The property offers scope for a buyer to update the existing accommodation; any proposed changes would need to be assessed for feasibility.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £500,000, this three-bedroom home is priced at £516/sq ft, around 11% below the local average—a clear opportunity to acquire below the area benchmark. The rooms shown are clean and usable, while the dated kitchen, bathroom and decorative finishes offer scope to modernise and make the home your own; the maintained rear garden, with both patio and lawn, is a useful existing asset.
The score is C (62/100): the fundamentals and location are good, but the economics are more measured. The £35,000–£65,000 renovation range puts the purchase plus the £50,000 midpoint at about £550,000, leaving a slim 2.1% margin against the implied current local average value; that comparison is not a renovated GDV and excludes fees and stamp duty.
Key opportunities
- Acquire at about 11% below the local average £/sq ft.
- Refresh the visibly dated kitchen, bathroom and wet-room finishes, and redecorate the textured walls and older decorative details.
- Make use of the maintained rear garden, which already combines a paved patio, lawn and raised beds.
Key risks
- The economics are tight against the implied current local average value after the renovation midpoint, before stamp duty and fees.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% interest
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.
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