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Steynton Avenue, Bexley

South East

£550,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
727 sqft

Description

This three-bedroom bungalow presents a unique opportunity for renovation and investment in a desirable residential neighborhood. The property features off-road parking suitable for multiple vehicles, catering to the needs of families or individuals who value accessibility. Inside, the home boasts a spacious layout that fills with natural light, providing an ideal canvas for customization. With thoughtful updates, this space could be transformed into a modern haven while retaining its original charm. The generous garden surrounds the home, offering ample outdoor space that can be revitalized for entertaining or personal gardening projects—a rare find in suburban properties. Located within walking distance of Albany Park Station, this bungalow benefits from excellent transport links to central London and surrounding areas, making it appealing for commuters. Additionally, the proximity to local amenities—including schools, shops, and parks—enhances its attractiveness for families or investors looking to rent. This property stands out not only as a comfortable residence but also as an investment with significant potential for growth through renovations and strategic enhancements.

Investment Analysis

(DA5 area)

Above Market Value

This property is priced +52.7% above area average per sq ft

+52.7%
This Property
£757/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£468
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£396,331
10% above area average per sq ft
Potential ROI
-30.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DA5)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 3.6%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on DA5 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

Steynton Avenue, Bexley
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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
£2,015
Based on a loan of £412,500 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