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Paragon Place, Blackheath, SE3 - Image 1
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Paragon Place, Blackheath, SE3

London

£1,175,000
Listed on 13/08/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled in the desirable area of Blackheath, this three-bedroom semi-detached house presents a unique opportunity for those looking to invest in a property with significant renovation potential. With just a short stroll to the expansive heath and only five minutes from the charming village center, the location offers both convenience and a tranquil lifestyle. The interior currently features a functional layout that includes an open-plan kitchen and dining area providing direct access to a good-sized garden. The adjacent lounge, enhanced by large patio doors, creates a welcoming space filled with natural light. Upstairs, the first floor accommodates a master bedroom complete with built-in wardrobes and an en-suite shower room, alongside two additional bedrooms—one double and one spacious single. The family bathroom serves as an additional convenience on this level. Outside, you'll find a peaceful garden retreat highlighted by a central lawn and patio area perfect for relaxation or entertaining. Also included is side access to the garden and a double garage equipped with an electronic up-and-over door. The property lies within easy reach of several well-regarded schools including Brooklands, All Saints, and John Ball primary schools, as well as notable prep schools such as Blackheath Prep and Heath House. Blackheath Village offers an appealing mix of boutiques, cafes—including the popular Ivy Cafe—and restaurants. For outdoor enthusiasts, the nearby entrance to Royal Greenwich Park makes for pleasant walks. Transport access is highly advantageous, with Blackheath mainline railway station providing quick connections to central London (approximately 10 minutes to London Bridge) and links to the Docklands Light Railway offering convenient routes to Canary Wharf and beyond. Additionally, connections via Abbey Wood link you directly to the Elizabeth line. With its prime location and promising potential for extension or reconfiguration (subject to planning permission), this property offers an exciting canvas for visionaries seeking their next project in one of London's most sought-after neighborhoods.

Investment Analysis

(SE3 area)
Area Average
£639/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£117,500 - £293,750
10-25% of property value
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SE3)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -4.7%
5 year growth: 1.3%
Investment Disclaimer: Analysis based on SE3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Paragon Place, Blackheath, SE3
Map showing location of Paragon Place, Blackheath, SE3
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