New Cross Road, London, SE14

This unmodernised five-bedroom house presents a compelling opportunity for renovation and investment in the sought-after New Cross area. The property includes potential for development on the land at the rear, which could accommodate up to five units (subject to consent). Preliminary plans have already been prepared for a scheme comprising four two-bedroom units, while there is also the possibility of reconfiguring the existing house into four one-bedroom flats, following similar permissions granted to nearby properties. With its prime location and development potential, this property is ideal for investors looking to maximise their returns through strategic refurbishment.