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Thakeham Close, London

London

£225,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Maisonette
Area
850 sqft

Description

This two-bedroom maisonette presents a compelling opportunity for cash buyers and investors, nestled in the desirable Lawrie Park Triangle. Notably chain-free, the property features its own front door and offers access to a loft space. Although it boasts gas central heating and double glazing, it requires extensive refurbishment throughout due to its current state. With a short lease of approximately 35 years, potential buyers should be prepared for additional lease extension costs ranging between £100,000 to £150,000. The layout spans three floors with an entrance hallway leading into spacious living areas including a lounge, dining room, and kitchen on the first floor. Both bedrooms feature built-in wardrobes and there is a family bathroom as well. This property stands out not just for its size but also for its location; it's just minutes away from the scenic Crystal Palace Park and vibrant Sydenham amenities.

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Investment analysis

(SE26 area)

Below Market Value

This property is priced -54.3% below area average per sq ft

-54.3%
Potential saving
This Property
£265/sq ft
Area Average
£579/sq ft
Avg Rent (weekly)
£428
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£541,459
10% above area average per sq ft
Potential ROI
+77.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE26)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +4.8%
5 year growth: +1.4%
Investment Disclaimer: Analysis based on SE26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Thakeham Close, London
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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