Rheingold Way, Wallington
London
£300,000
Listed on 18/10/2026
Listed on 18/10/2026
The listing
Property details
Bedrooms
1Type
HouseArea
756 sqftFeatures
- Garage
- Garden
- Parking
Description
This one-bedroom detached house in South Wallington offers 756 sq ft of accommodation, including an open-plan reception room leading to a conservatory. The property requires modernisation, giving a buyer scope to update the existing rooms to their own requirements. The accommodation also includes a fitted kitchen, a first-floor bedroom with built-in storage, and a bathroom.
Outside, there is a private rear garden with side access, together with a garage and off-street parking. Local shops and bus links are nearby, and Roundshaw Downs provides access to open green space. The property is offered with no onward chain.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
65out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £300,000, this 756 sq ft Wallington house is priced attractively against the local average: about £397 per sq ft versus £482, giving buyers a below-average entry point. The one-bedroom layout connects its reception room to a conservatory, with a garage, off-street parking and a private garden adding useful features for a compact home.
The interior is usable but dated, leaving scope for a light modernisation, while the garden could be refreshed with clearance and routine maintenance. The conservatory roof shows deterioration and there is staining in the conservatory and ceiling discolouration, so the repair scope should be checked. The £8,000–£18,000 renovation range gives an indication of the project; the engine’s £313,000 purchase-plus-midpoint figure is below the implied current local average, but is not a GDV or a full cost estimate.
Key opportunities
- Acquire at a below-local-average £/sq ft and personalise the dated interior.
- Refresh the paved garden and established planting to make better use of the private outdoor space.
- Make the reception-to-conservatory connection a feature, subject to checking the conservatory roof repair scope.
Key risks
- Conservatory roof panels and framing show deterioration, with staining visible; inspect to establish the repair work needed.
- Discolouration is visible on the bedroom ceiling; investigate its cause.
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Transport
Nearest stations
Wallington Rail Station
1.1 miles
Train · Wallington
Purley Rail Station
1.1 miles
Train · Purley
Reedham (Surrey) Rail Station
1.3 miles
Train · Purley
Waddon Rail Station
1.4 miles
Train · Waddon
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,226
Based on a loan of £225,000 over 30 years at 5.13% 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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