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Lower Richmond Road, London SW15

London

£375,000

Listed on 18/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom lower ground floor flat presents an exceptional canvas for those looking to invest in a property with significant renovation potential. Nestled in the sought-after area of West Putney, it is conveniently located just a short stroll from the scenic Putney Embankment. Spanning 672 square feet, the layout features an open-plan reception space that could be transformed into a contemporary kitchen and living area, alongside two spacious double bedrooms and a bathroom. As this property is currently in shell condition, it offers the ideal opportunity for a buyer to design a unique living space tailored to their tastes. The long shared lease of 999 years from September 2004 adds further appeal to this investment.

Investment Analysis

(SW15 area)
Area Average
£740/sq ft
Avg Rent (weekly)
£566
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SW15)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -7.9%
5 year growth: -6.7%
Investment Disclaimer: Analysis based on SW15 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

Lower Richmond Road, London SW15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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