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Abbey Road, Belvedere

South East

£325,000
Listed on 10/07/2025

Property Details

Bedrooms
2
Type
Detached house
Area
599 sqft

Description

This two-bedroom bungalow presents a compelling opportunity for renovation and investment, situated in the increasingly desirable area of Belvedere. With its proximity to local amenities, schools, parks, and transportation links, it offers significant potential for those looking to capitalize on property value growth. The home spans approximately 599 square feet (55.6 square meters) of single-level living space. The layout features two well-sized bedrooms and two reception rooms, one conveniently connected to the kitchen. This arrangement provides an ideal canvas for reconfiguring the interior to suit modern lifestyle preferences. Additionally, the kitchen has direct access to a garden area, which could be enhanced to create an inviting outdoor space. Belvedere benefits from excellent transport connections; Belvedere Station is located within half a mile, facilitating easy commutes to central London destinations like Cannon Street via Greenwich and Lewisham, as well as connections to Dartford and Barnehurst through Bexleyheath. Whether you’re an investor looking for a project or a homeowner with vision, this property offers valuable potential in a location that continues to gain popularity among South London residents. Energy Efficiency Rating G indicates that some updates may be necessary to improve efficiency and comfort levels. The freehold nature of the property adds another layer of appeal for those looking to make long-term investments in this evolving community within the London Borough of Bexley.

Investment Analysis

(DA17 area)

Above Market Value

This property is priced +23.4% above area average per sq ft

+23.4%
This Property
£543/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£374
Avg Yield
5.1%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£289,652
10% above area average per sq ft
Potential ROI
-28.7%
After renovation
Monthly Sales
14
Average per month
Market Turnover
90%
Properties sold annually

Local Market Trend (DA17)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 8.0%
5 year growth: 20.6%
Investment Disclaimer: Analysis based on DA17 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

Abbey Road, Belvedere
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