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Kidbrooke Park Road, Blackheath, London, SE3 - Image 1
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Kidbrooke Park Road, Blackheath, London, SE3 - Image 8
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Kidbrooke Park Road, Blackheath, London, SE3 - Image 10
Kidbrooke Park Road, Blackheath, London, SE3 - Image 11

Kidbrooke Park Road, Blackheath, London, SE3

London

£400,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
835 sqft

Description

This top-floor period conversion offers a unique opportunity for those looking to invest in a property with significant renovation potential. With over 835 sq. ft. of adaptable space, the flat is currently configured as a one-and-a-half-bedroom layout, featuring a spacious main bedroom and an adjoining room that could serve various purposes—be it a dressing room, study, or easily converted into a second bedroom. The versatile nature of this space invites the possibility of reconfiguration to meet your personal vision. There is ample room to potentially add a second bathroom, subject to planning permissions, making it an attractive project for buyers with an eye for design and modernization. The reception area stands out with its large windows that flood the room with natural light, creating a welcoming atmosphere perfect for entertaining or relaxation. Both the kitchen and bathroom are in need of updating, providing you with a blank canvas to infuse your style and increase the property's value. With the added advantages of off-street parking and access to a well-maintained west-facing communal garden, this property is both practical and appealing. The share of freehold further enhances its investment potential. Situated just 515 meters from beautiful open heathland and conveniently close to the newly rebuilt Kidbrooke Mainline station, commuting is made simple with direct links to London Bridge in just 14 minutes. Blackheath Village is within walking distance and offers an array of boutique shops, restaurants, and local markets contributing to the vibrant community atmosphere. Additionally, transportation options abound with easy access to bus routes leading to North Greenwich for Jubilee Line connections, while other transit options such as the DLR and riverboat are nearby. The proximity to Canary Wharf and central London makes this area increasingly popular among young professionals seeking both lifestyle and convenience. Local amenities include the historic charm of Greenwich, featuring landmarks such as the Royal Observatory and National Maritime Museum just under a mile away. This blend of history and modern living ensures that potential homeowners will appreciate not only their living space but also the richness of their surroundings. This flat represents not just a home but an opportunity for investment in an area poised for continued growth. Early viewing is recommended for those ready to explore its full potential.

Investment Analysis

(SE3 area)

Below Market Value

This property is priced -25.8% below area average per sq ft

-25.8%
Potential saving
This Property
£479/sq ft
Area Average
£645/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£592,662
10% above area average per sq ft
Potential ROI
+34.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE3)

Area prices are rising by +7.3% over the last 12 months
3 year growth: -3.9%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on SE3 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

Kidbrooke Park Road, Blackheath, London, SE3
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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
£1,465
Based on a loan of £300,000 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