At £1.8m is this the most expensive abandoned home?


Updated on 02 October 2020 | 1 Comment

Untouched for over 50 years, this rundown piece of real estate comes with a hefty price tag

To call this semi-detached London home a fixer-upper might be a bit of an understatement.

Nestled in the affluent district of Chiswick, the grand Edwardian property is something of a dilapidated time warp.

Airedale Avenue; on sale for £1.8 million. Image: SavillsAiredale Avenue on sale for £1.8 million

With peeling wallpaper, crumbling plasterwork and disintegrating floorboards, it's not the usual finish you'd expect from a home listed for a staggering £1.8 million.

Despite its condition, the property's sweeping Edwardian staircase is still impressive. Image: SavillsDespite its condition, the property's sweeping Edwardian staircase is still impressive

The three-storey house has been relatively untouched for the past 50 years and was home to a retired railway engineer who recently passed away.

READ MORE: A 1700s London townhouse is for sale and the pictures are stunning

The home's lofty proportions are ideal for an airy open-plan layout. Image: SavillsThe home's lofty proportions are ideal for an airy open-plan layout

While the price tag may be eight times the average house price in England and Wales and almost four times as much as standard London house prices, this rundown residence might not be as ludicrous a deal as it seems.

A storage cabinet is one of the few signs of domesticity that remains. Image: SavillsA storage cabinet is one of the few remaining signs of domesticity

Spanning five bedrooms, three generous receptions, and a spacious garden, this is a prime piece of real estate in one of the most expensive corners of the country.

While the property has possibility, the structure will need some serious attention. Image: SavillsWith dramatic signs of damp, the structure will need some serious attention 

Savills, who are selling the property on Airedale Avenue, estimate that a £1 million renovation could result in a stunning property worth around £3.2 million, yielding a decent profit.

The house is packed with period features like these ornate ceiling covings. Image: SavillsThe house is packed with period features like these ornate ceiling covings

Whether the property is divided into apartments or returned to an incredible family house, we'd love to see those gorgeous ceiling cornices and ornate fireplaces restored to their former glory.

While the residence needs a complete overhaul, it could offer a healthy payback. Image: SavillsWhile the residence needs a complete overhaul, it could offer a healthy return in the long run

If five bedrooms feels a little snug, there’s even the potential to extend the property into the generous garden to the rear, subject to planning permission.

The west-facing garden has plenty of potential for further development. Image: SavillsThe sizeable west-facing garden is ripe for development

One thing’s for sure, the brave buyer is going to have their work cut out…

What’s your verdict? Diamond in the rough or more than you can chew?

Love a challenge? Check out these abandoned buildings that you can actually buy

All images: Savills

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