Nicosia Road, London
WANDSWORTH • SW18 3RN
£3,750,000
£724/sqft
Situated on a peaceful one-way street, this exquisite home is set back from the road and features a private driveway. An impeccable blend of timeless elegance and modern comfort, the property retains numerous period features and is accessed via an impressive, wide entrance hall showcasing a stunning galleried staircase.
6
3
5,177 sqft
Semi Detached House
Garden
1914 2000
High
1
Build your nest
Options ranked by potential value — A higher score means better returns. Click the development option to view full breakdown.
84/100
Basement Extension
+17% space increase
78/100
Complete Development
Basement conversion
Modern, high-quality finishes throughout
+17% space increase
67/100
Full House Renovation (no extensions)
Modern, high-quality finishes throughout
Analysis Summary
We've analyzed the potential for a Basement Extension at this property.
Investment Required:
£4,198,404 total (including construction and professional fees)
Value After Work:
Property worth £6,656,000 - an increase of £2,906,000
Expected Profit:
£2,457,746 net profit (59% return on investment)
What You'll Get:
- •+869 square feet of additional living space
- •+1 bedroom
- •+1 bathroom
Good news: Planning permission is likely to be approved based on similar projects in the area.
Nestscore
84/100
Excellent
A rating of this scenario's potential based on ROI, value uplift, planning risk, and timeline.
Risk Analysis
Planning Risk
LowLikelihood of planning delays or rejection.
Planning Feasibility
Planning Assessment
Basement Extension
Planning Considerations
High probability based on similar houses nearby.
85%
Approval Rating
2-4 months
Estimated Approval Time
Cost Breakdown
Purchase Cost
Current property value
£3,750,000
89%
Build Costs
Construction, materials, labour
£448,404
11%
Total Investment£4,198,404
Includes all construction and professional fees
£516 per sq ft
Cost per sq ft
ROI Analysis
59%
Return on Investment
Current Value£3,750,000
Build Investment£448,404
Post-Work Value£6,656,000
Net Profit£2,457,746
£2,906,000
Value Increase