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Elmwood Road, London - Image 1
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Elmwood Road, London

London

£1,050,000Guide Price

Listed on 30/10/2026

The listing

Property details

Bedrooms
4
Type
End Of Terrace

Features

  • Garden

Description

Offered at auction, this freehold corner property is currently arranged as two self-contained flats and is described as requiring updating. The accommodation is set across ground, lower-ground, first and second-floor levels, with four bedrooms in total, two reception rooms, a cellar and separate garden areas. The kitchens are no longer fitted, according to the particulars, and the ground-floor flat also has a bathroom while the upper flat has a shower room and separate WC. The first- and second-floor flat is stated to extend to approximately 1,280 sq ft, with three bedrooms, a reception room and the former kitchen space. The ground- and lower-ground-floor flat is approximately 858 sq ft and includes one bedroom, a reception room, former kitchen space, bathroom and cellar. The listing identifies possible reconfiguration as a substantial family house and possible basement conversion, both subject to the necessary consents. The property is offered with vacant possession. The building occupies a corner position near amenities in Herne Hill and Dulwich Village, with Brockwell Park and local bus and rail connections also noted in the particulars. Buyers should review the auction legal documentation and verify the condition, measurements, services and any proposed alterations before bidding.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

48out of 100
Grade ELow opportunity

Confidence: MEDIUM

This substantial corner building has an unusual starting point: two self-contained flats, with the stated potential to revert to a family house subject to consents. The brick elevations and bay windows give it character, while the photographed interiors are stripped back and worn, the former kitchen area is unfitted, and the rear garden needs attention. That creates scope for a substantial, whole-property transformation, though any basement plans would need to be tested for consent and feasibility.

At £1,050,000, the asking price is about 3.7% above the local average per square foot, so value is not a strength of the numbers; all-in purchase and works costs also look tight against local benchmarks. The fundamentals and location are stronger, but this is a low-opportunity score overall. The listing is an auction sale: bidding can take the hammer above the guide, so the eventual price may not stay this cheap.

Key opportunities

  • Explore reconfiguring the two self-contained flats into a substantial family house, subject to the necessary consents.
  • The bare floors, deteriorated finishes and unfitted former kitchen area provide a clear canvas for a coordinated interior rebuild.
  • The corner position, bay windows and garden areas offer character and outdoor space to build on; basement conversion is another possibility to investigate subject to consent and feasibility.

Key risks

  • Stripped-back interiors across several photographed rooms and an unfitted former kitchen point to a heavy, multi-room rebuild; allow for a longer programme than a cosmetic refresh.
  • All-in purchase and works costs look tight against local benchmarks, limiting the financial headroom for a project buyer.

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Map

Location

Elmwood Road, London
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Transport

Nearest stations

  • North Dulwich Rail Station

    0.2 miles

    Train · Dulwich Village

  • Herne Hill Rail Station

    0.4 miles

    Train · Herne Hill

  • East Dulwich Rail Station

    0.8 miles

    Train · East Dulwich

  • West Dulwich Rail Station

    0.9 miles

    Train · West Dulwich

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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,967
Based on a loan of £787,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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