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Derrick Road, Beckenham, BR3

South East

£700,000
Listed on 07/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1068 sqft

Description

This classic 1920s family home presents a unique blend of original charm and modern potential, making it an excellent choice for both homeowners and investors alike. Nestled in a desirable area of Beckenham, the property benefits from being within the well-regarded Balgowan catchment, which adds to its appeal for families seeking quality education options. As you approach the house, a striking sandstone driveway provides off-street parking and enhances curb appeal. Upon entering, you are greeted by a bright hallway adorned with original tiled flooring—a feature that reflects the character of the era. The spacious living room is illuminated by natural light from a large window, complemented by a working cast iron fireplace that serves as a focal point. The adjoining dining area features another working fireplace, enhancing the inviting atmosphere of the home. The heart of this property lies in its open-plan kitchen and dining space, equipped with contemporary cabinetry that caters to modern living while still preserving some classic elements. This area seamlessly extends into the rear garden, which boasts two distinct patio areas, mature trees, and even a vegetable patch. The garden offers privacy and ample space for outdoor gatherings or quiet retreats. On the upper floor, three generously sized bedrooms provide comfortable accommodation along with a stylish family bathroom. Notably, access to a substantial loft space opens up exciting possibilities for future expansion (subject to planning permission), allowing you to customize and increase the property's value. With its advantageous location close to local parks, shops, and excellent transport links, this home not only embodies functional living but also signifies investment potential in an ever-desirable neighborhood. Whether you're looking to move into a character-filled space or explore renovation opportunities to enhance its value further, this property is worth considering.

Investment Analysis

(BR3 area)

Above Market Value

This property is priced +17.8% above area average per sq ft

+17.8%
This Property
£655/sq ft
Area Average
£556/sq ft
Avg Rent (weekly)
£414
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£653,424
10% above area average per sq ft
Potential ROI
-9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BR3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 3.0%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on BR3 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

Derrick Road, Beckenham, BR3
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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
£2,564
Based on a loan of £525,000 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