Mews House in Camden Listed for Nearly £1 Million Despite Poor Condition

A three-bedroom mews house in Camden, London, has been listed for auction at a starting price of £925,000. The property, described as a potential redevelopment opportunity, has garnered significant attention, primarily due to its overgrown garden that almost conceals the house itself. Despite its prime location in an affluent area, the interior condition raises concerns among prospective buyers.

Located in Camden Mews, the end-of-terrace house has reportedly been in the same family for over 35 years. The listing by Auction House London on Rightmove describes the property as a “well-located four-room end of terrace house.” However, photos reveal a less appealing reality, showcasing rooms filled with debris, a collapsed ceiling, and a bathroom plagued with neglect.

While the listing highlights the property’s potential, many online users have expressed doubts regarding the asking price, considering its state of disrepair. Comments on social media suggested that the house may have been previously owned by a hoarder or could have been squatted. One user remarked, “I got hepatitis just looking at those pictures,” reflecting the concerns voiced by many.

Location and Market Context

The property is situated near notable landmarks such as Caledonian Park and Camden Town, with easy access to two underground stations. The listing states that the area is close to local shops and amenities, and the nearby open spaces of Camden Square Gardens are within walking distance.

According to data from Rightmove, the average sold price for homes in the vicinity over the past year has been approximately £1,338,085. Most properties sold were terraced houses, averaging £1,273,670, while semi-detached homes went for around £1,525,000. This context raises questions about the viability of the mews house’s price given its current condition.

Property specialists Lurot Brand note that Camden Mews is among the longest stretches of mews houses in London, known for its architect-designed studio homes and vibrant artistic community. The area has been recognized since the 1960s for its unique character, making the location appealing despite the property’s challenges.

Future Possibilities and Community Reactions

The auction listing suggests that the house offers significant potential for redevelopment, subject to obtaining the necessary planning consents. A CGI image included in the advertisement depicts a polished version of the property, inviting buyers to envision what could be created with investment and care.

Despite concerns from some potential buyers, others see promise in the property. Comments from users on platforms like Reddit reflect a mix of skepticism and optimism, with one stating, “Assuming you could get planning permission, I bet you could put flats or something on that,” while another mused, “Decent price for that much house and garden in Camden.”

As the auction date approaches, the fate of this mews house remains uncertain. Its listing has sparked widespread discussion about the challenges and opportunities facing properties in urban areas like Camden, where the demand for housing continues to rise amidst a backdrop of varying property conditions.