Worst House on the Street Logo
Paragon Place, Blackheath, SE3 - Image 1
Paragon Place, Blackheath, SE3 - Image 2
Paragon Place, Blackheath, SE3 - Image 3
Paragon Place, Blackheath, SE3 - Image 4
Paragon Place, Blackheath, SE3 - Image 5
Paragon Place, Blackheath, SE3 - Image 6
Paragon Place, Blackheath, SE3 - Image 7
Paragon Place, Blackheath, SE3 - Image 8
Paragon Place, Blackheath, SE3 - Image 9
Paragon Place, Blackheath, SE3 - Image 10
Paragon Place, Blackheath, SE3 - Image 11

Paragon Place, Blackheath, SE3

London

£1,175,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

Situated in the desirable area of Blackheath, this three-bedroom semi-detached house presents a fantastic opportunity for investors or those looking to create their dream home. Just a stone's throw from the expansive heath and a mere five-minute stroll to the village centre, the property stands as a blank canvas ready for transformation. The layout includes a downstairs cloakroom, an open-plan kitchen/dining area that leads directly to the garden, and a spacious lounge featuring large patio doors inviting natural light. A spiral staircase brings you to the first floor, where you'll find a master bedroom with built-in wardrobes and an en-suite shower room, alongside another double bedroom and a sizable single bedroom. Outside, the charming garden offers both privacy and potential for outdoor enhancements, complemented by side access and a double garage with electronic door functionality. Local amenities include acclaimed primary schools and an array of shops, cafes, and restaurants that enrich Blackheath Village. This property not only offers comfortable living but also benefits from excellent transport links to London. With planning permission possibly obtainable for extensions or reconfigurations (STPP), this home is poised for significant value appreciation through thoughtful renovations.

Investment Analysis

(SE3 area)
Area Average
£637/sq ft
Avg Rent (weekly)
£495
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £80,000
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
8%
Properties sold annually

Local Market Trend (SE3)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on SE3 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

Paragon Place, Blackheath, SE3
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,238
Based on a loan of £881,250 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development