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Water Lane, London, SE14

London

£250,000
Listed on 05/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
469 sqft

Description

Nestled in the heart of Avonley Village, this top-floor one-bedroom apartment offers a promising opportunity for those looking to invest or embark on a renovation project. The property features a dual-aspect lounge/diner that invites natural light, an adjacent kitchen, a comfortable double bedroom, and a bathroom. While the space is functional, it presents a blank canvas for potential buyers to modernize and tailor it to their personal tastes. One of the standout attributes of this apartment is its integral garage and additional parking space, which is increasingly rare in urban settings. The communal grounds provide an outdoor element that enhances the living experience. The location itself is convenient, with New Cross Gate Rail and Overground Station just a short distance away, ensuring easy access to transportation links and local amenities. This property is ideal for first-time buyers or investors seeking to make strategic improvements that could increase its value over time. With an 89-year lease in place and affordable council tax rates under the London Borough of Lewisham, it also exhibits favorable conditions for long-term ownership. Overall, this apartment presents not only a place to call home but also significant investment potential through thoughtful updates and renovations.

Investment Analysis

(SE14 area)

Below Market Value

This property is priced -14.5% below area average per sq ft

-14.5%
Potential saving
This Property
£533/sq ft
Area Average
£623/sq ft
Avg Rent (weekly)
£433
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£321,535
10% above area average per sq ft
Potential ROI
+14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SE14)

Area prices are rising by +15.2% over the last 12 months
3 year growth: 0.4%
5 year growth: 5.1%
Investment Disclaimer: Analysis based on SE14 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

Water Lane, London, SE14
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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
£916
Based on a loan of £187,500 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