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Spurgeon Avenue, London

London

£875,000
Listed on 01/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1656 sqft

Description

Nestled in a tranquil cul-de-sac on the desirable Spurgeon Avenue, this four-bedroom detached house offers a unique opportunity for renovation and investment. Originally constructed in 1936, the property spans approximately 1,885 sq ft and is characterized by its spacious layout and original architectural details. The ground floor comprises two large reception rooms that provide versatile space suitable for family gatherings and entertaining guests. Practical features include a downstairs WC and an under-stairs cloakroom, enhancing everyday functionality. The property also boasts a sizable garden to the rear, perfect for outdoor activities or landscaping projects. Additionally, the front yard features an in-and-out driveway with capacity for three vehicles, as well as a garage—convenient amenities that are often sought after. Upstairs, you will find four well-proportioned bedrooms alongside a family bathroom. Each room is filled with natural light from expansive windows, contributing to a welcoming atmosphere throughout the home. Although some modernization is needed, the solid structural integrity and classic design elements—such as parquet flooring and stained glass windows—offer an excellent canvas for those looking to infuse their personal style. This property presents not only an exciting chance to create a bespoke living space but also strong investment potential given its location near reputable schools, parks, and transport links. With no onward chain involved, this could be your opportunity to secure a substantial family home in a tranquil setting while maximizing its value through thoughtful renovations.

Investment Analysis

(SE19 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£528/sq ft
Area Average
£579/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,054,251
10% above area average per sq ft
Potential ROI
+10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SE19)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 8.4%
5 year growth: 1.2%
Investment Disclaimer: Analysis based on SE19 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

Spurgeon Avenue, London
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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
£3,205
Based on a loan of £656,250 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