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Melrose Avenue, Wimbledon Park SW19 - Image 1
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Melrose Avenue, Wimbledon Park SW19

London

£1,000,000

Listed on 12/06/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1518 sqft

Description

This freehold property situated within the sought-after Wimbledon Park Grid presents a unique opportunity for those looking to invest in a versatile space. Currently configured as two self-contained flats, it boasts around 1,500 sq ft of living area that can be reimagined into a substantial family home or maintained as rental units. The Edwardian architecture adds character and charm, while the potential for reconfiguration or extension—pending necessary planning approvals—invites creative vision from both developers and homeowners alike. With local amenities, excellent schools, and convenient transport links all within close proximity, this property is ideally positioned for future value enhancement. Offered chain-free, it represents an exceptional canvas for renovation and development in one of London's desirable residential areas.

Investment Analysis

(SW19 area)

Below Market Value

This property is priced -11.8% below area average per sq ft

-11.8%
Potential saving
This Property
£659/sq ft
Area Average
£747/sq ft
Avg Rent (weekly)
£561
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,247,758
10% above area average per sq ft
Potential ROI
+14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SW19)

Area prices are stable by -0.7% over the last 12 months
3 year growth: -2.2%
5 year growth: -1.5%
Investment Disclaimer: Analysis based on SW19 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

Melrose Avenue, Wimbledon Park SW19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,778
Based on a loan of £750,000 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.

Stamp Duty Calculator

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