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3 Ramillies Close, London SW2

London

£650,000
Listed on 17/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1044 sqft

Description

This four-bedroom mid-terraced house presents an appealing prospect for renovation and investment in the sought-after area of Brixton Hill. Nestled on the edge of a small estate in Blenheim Gardens, the property features a modest patioed garden that welcomes you through double-glazed doors. Upon entering, you are greeted by a hallway leading to a shower room and a separate WC, optimizing functional space. The ground floor includes a spacious kitchen/diner, which offers ample potential for reconfiguration, along with a generous living room that opens out to a concrete-paved rear garden. This outdoor area can serve as an inviting extension of the indoor living space, ready for personalization. The upper level comprises two good-sized double bedrooms alongside two sizeable single rooms, complemented by a wet room. The layout provides versatility, making it suitable for various living arrangements or rental configurations. Ownership of the freehold is an added advantage, alongside manageable service charges for the maintenance of communal areas. Residents benefit from proximity to local amenities such as grocery stores within the estate, as well as reliable transportation options with Clapham North and Brixton stations nearby—providing access to both the Victoria and Northern lines. Streatham Hill Railway station is also conveniently close. The neighborhood is enriched with parks, educational institutions, and community resources that enhance its appeal. This property represents a unique opportunity for first-time buyers looking to invest in their future or for seasoned investors seeking a buy-to-let venture. While modernization is needed to fully realize its potential, this reflects in an attractive pricing structure. Additionally, this chain-free property allows for a smoother transition into ownership without unnecessary delays.

Investment Analysis

(SW2 area)

Below Market Value

This property is priced -6.5% below area average per sq ft

-6.5%
Potential saving
This Property
£623/sq ft
Area Average
£666/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£764,777
10% above area average per sq ft
Potential ROI
+9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SW2)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -4.9%
5 year growth: -4.1%
Investment Disclaimer: Analysis based on SW2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

3 Ramillies Close, London SW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE