A rare opportunity to acquire a large period house on one of Herne Hill’s attractive residential roads, with a clear refurbishment-led value-add strategy. The property is being purchased at £1,430,000, with a projected post-refurbishment GDV of £2,250,000, creating a strong anticipated profit on sale of approximately £363,928 after costs.

The plan is to carry out a full renovation to a high-end family-home standard, targeting the premium owner-occupier market in SE24. The local area benefits from strong demand for large renovated period houses, proximity to Herne Hill, Brockwell Park, Brixton, Dulwich and strong transport links into Central London.

The deal shows a projected 43% ROCE, 20% ROI, and a profit margin of around 16% on resale. The stress-tested figures remain positive, with the deal still showing profit even at a 10% GDV reduction, demonstrating a good level of downside protection.

Key investor highlights:
Purchase price: £1,430,000
Projected GDV: £2,250,000
Projected profit on resale: £363,928
Projected ROCE: 43%
Projected ROI: 20%


Overall, this is a strong SE24 refurbishment opportunity with multiple exit routes: resale for profit, refinance and hold, or long-term rental income.

Sourced reference: 756756619894834