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Ravensbourne Road, London, SE6 - Image 1
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Ravensbourne Road, London, SE6

London

£150,000
Listed on 24/08/2025

Property Details

Bedrooms
2
Type
Flat
Area
657 sqft

Description

This versatile ground-floor flat offers significant renovation potential in an increasingly desirable area. With two bedrooms and a flexible layout that allows for various configurations, it presents a unique opportunity for both first-time buyers and investors looking to customize a property to their taste. The interior features an entrance hall with under-stair storage and laminate flooring, leading into a spacious room that can serve as either the main bedroom or a reception space. The second bedroom overlooks the rear, providing ample natural light through its double-glazed window. A generous dual-aspect reception/dining room is available, which could be optimized for comfortable living or entertainment. The kitchen, although requiring updating, comes equipped with wall and base units and provides essential appliances like an oven, hob, and extractor fan. There's even room for a washing machine—a practical touch for daily living. The bathroom features both an enclosed bath and a separate shower cubicle, highlighting the property's potential for modernization while offering functional amenities. Outside, the rear yard provides additional space that can be transformed into a private outdoor area—ideal for gardening or relaxation. Off-street parking adds further convenience in this urban setting. Situated in Catford, this property benefits from strong transport links with two nearby mainline stations offering rapid access to Central London in approximately 10 minutes. The local area boasts cultural attractions such as the Art Deco Broadway Theatre and Mountsfield Park—one of London's cherished green spaces known for events like People’s Day. This flat is sold with no onward chain, making it an appealing option for those ready to invest in their future home or rental property. With a lease term of 38 years remaining and council tax band C, this property stands as a solid foundation for forthcoming renovations and value enhancement.

Investment Analysis

(SE6 area)

Below Market Value

This property is priced -56.3% below area average per sq ft

-56.3%
Potential saving
This Property
£228/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£382
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£377,177
10% above area average per sq ft
Potential ROI
+109.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE6)

Area prices are rising by +9.1% over the last 12 months
3 year growth: 9.7%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on SE6 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

Ravensbourne Road, London, SE6
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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
£549
Based on a loan of £112,500 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