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Greenwich South Street, SE10

London

£650,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1141 sqft

Description

This mid-terraced Victorian property is situated in the desirable area of West Greenwich, offering a unique opportunity for renovation or investment. The home features three bedrooms and an adaptable layout that lends itself well to customization, making it an excellent candidate for those looking to add value. Upon entering, you're welcomed by a spacious living area and dining room showcasing original wooden flooring and high ceilings. The neutral decor creates a blank canvas that allows for various design possibilities. The ground floor flows seamlessly into the lower ground level, where you’ll find a generous kitchen with access to a private rear garden—perfect for outdoor entertaining or relaxation. The first floor houses one of the bedrooms, complete with built-in wardrobes and shutters for added character. A modern shower room complements the separate family bathroom, offering convenience on this level. There is also an additional room currently utilized as a study or office space, which can easily be repurposed according to your needs. Venturing to the top floor reveals two further bright rooms featuring large windows that flood the space with natural light. These areas offer flexibility for use as additional bedrooms, offices, or creative spaces—an appealing aspect for potential renters or future buyers. The exterior includes a charming patio garden bordered by neat greenery, providing an inviting outdoor area conducive to planting your personal touch. The property also presents prospects for extensions or alterations, subject to necessary planning permissions. Located just moments from Greenwich South Street, residents can enjoy easy access to local shops and amenities while experiencing the vibrant community atmosphere. With Greenwich Park and the town center nearby, there are ample opportunities for leisure and recreation. Excellent transport links via Greenwich Mainline and DLR Station ensure direct connections to key locations including Canary Wharf and central London. This property is well-suited for families seeking a home in a rich historical context with good schools and childcare options in close proximity. As such, it represents not only a comfortable living space but also a strategic investment opportunity in one of London’s most sought-after neighborhoods.

Investment Analysis

(SE10 area)

Below Market Value

This property is priced -20.4% below area average per sq ft

-20.4%
Potential saving
This Property
£570/sq ft
Area Average
£716/sq ft
Avg Rent (weekly)
£522
Avg Yield
5.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£898,087
10% above area average per sq ft
Potential ROI
+34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (SE10)

Area prices are falling by +4.9% over the last 12 months
3 year growth: -15.7%
5 year growth: -11.5%
Investment Disclaimer: Analysis based on SE10 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

Greenwich South Street, SE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE