Gorse Rise, London, SW17
WI

Gorse Rise, London, SW17

By Winkworth

£ 575,000

Reviews

3 out of 5 stars

Winkworth says ..

An incredible opportunity to acquire a three-bedroom terraced house in need of full renovation. The ground floor offers a generous reception room, a separate kitchen, a sunroom, and a bathroom. Upstairs, there are two spacious double bedrooms and a third room, ideal as a single bedro...

Property Oracle says ..

The property is located in the Furzedown area of Wandsworth, London. It is a three-bedroom terraced house with a garden. The property is within close proximity to Furzedown Primary School (rated ‘Good’ by Ofsted) and Graveney School (rated ‘Outstanding’ by Ofsted), making it attractive to families. Tooting British Rail station is also relatively close, providing convenient access to central London.

Based on the provided images, the property appears to be in need of some modernisation and updating. The carpets are dated, and the kitchen and bathroom show signs of wear and tear. While structurally sound, potential buyers should budget for renovations to bring the property up to a more contemporary standard. The garden, while present, requires attention and landscaping.

Considering the property’s location, proximity to good schools and transport links, and the presence of a garden, the list price of £575,000 appears reasonable. However, the need for significant renovations should be factored into any offer. Comparable properties in the area have sold for similar prices, although the lack of square footage data for many of these properties makes a precise comparison difficult. The overall value is impacted by the required renovations.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
959.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
579,986.00 £
Decreased by 3.59 %
from 601,584.00 £
Est sale value
541,835.00 £
Decreased by 11.58 %
from 612,801.00 £
Average area rental value
2,411.00 £/mo
Decreased by 0.29 %
from 2,418.00 £/mo
Est letting value
1,918.00 £/mo
Unchanged by 0.00 %
from 1,918.00 £/mo
Est rental Yield
4.99 %
Increased by 3.53 %
from 4.82 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Winkworth created the listing.

Nearby Schools

NameTypeOfstedDistance
Furzedown Primary SchoolCommunity SchoolGood0.27 KM
Graveney SchoolAcademy ConverterOutstanding0.34 KM
Links Primary SchoolCommunity SchoolGood0.53 KM
Franciscan Primary SchoolAcademy Converter0.70 KM
Franciscan Primary School And Children'S CentreChildren's Centre0.79 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Benedict's Close £ 335,00000.00 KM
Furzedown Road £ 000.00 KM
Bruce Hall Mews £ 000.00 KM
London Road £ 000.00 KM
Topsham Road £ 750,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Tooting5389TOO0.93 KM
Mitcham Eastfields5069MTC1.88 KM
Balham5399BAL2.08 KM
Streatham Common5384SRC2.13 KM
Streatham5383STE2.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gorse Rise, London, SW17 £ 575,000BUY7 / 100.00 KM
Crowborough Road, SW17 £ 1,100,000BUY7 / 100.12 KM
Salterford Road, Tooting £ 550,000BUY6 / 100.14 KM
Rectory Lane, Furzedown, London, SW17 £ 325,000BUY6 / 100.15 KM
Rectory Lane, Furzedown, London, SW17 £ 300,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
16 Gorse Rise £ 200,0000.06 KM
2 Gorse Rise £ 550,0000.06 KM
33 Gorse Rise £ 250,0000.06 KM
18 Gorse Rise £ 190,0000.06 KM
6 Gorse Rise £ 430,0000.06 KM