Westwood Park, London, SE23
London
£875,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
1244 sqftFeatures
- Garage
- Garden
Description
Chain-free three-bedroom semi-detached house with two reception rooms, a kitchen and a lean-to on the ground floor. Upstairs are three bedrooms and a family bathroom. The property has double glazing, gas central heating, a private rear garden and a garage.
Backing onto the Horniman Nature Trail, the house is close to local amenities, schools and public transport links. The existing accommodation offers scope for updating and possible reconfiguration, while the listing also notes potential to extend, subject to the necessary planning permissions and consents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a liveable, light-refresh project with spacious reception rooms, three well-proportioned bedrooms and an established rear garden backing onto the Horniman Nature Trail. The dated finishes, carpets and older kitchen and bathroom give a buyer room to modernise at their own pace, while the garage and stated extension scope add to the possibilities, subject to consents.
The main drawback is the price: at £703 per sq ft, the asking price is about 14% above the local average, rather than a discount for taking on the work. Even allowing for the £6,500–£19,500 refurbishment range, the purchase price plus refurbishment leaves costs stretched against the local benchmark for this floor area; that comparison is not a forecast of post-renovation value. The fundamentals and setting are appealing, but the numbers make this a low-opportunity project at the current asking price.
Key opportunities
- Refresh the dated decorative finishes and carpets across the shown reception rooms and bedrooms.
- Modernise the older-specification kitchen and bathroom to suit a buyer’s taste.
- Make the most of the established garden, garage and stated extension scope, subject to planning permissions and consents.
Key risks
- At the current asking price, even a light refurbishment leaves the purchase-plus-works budget stretched against the local benchmark for this floor area.
- Budget around £888,000 when purchase and the £13,000 refurb range are added together — roughly 14% above what comparable floor area achieves locally in current condition; we have not assumed a post-renovation resale figure.
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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
£3,306
Based on a loan of £656,250 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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