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Ringmore Rise, London, SE23

London

£1,200,000
Listed on 14/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2085 sqft

Description

This five-bedroom detached home on the desirable Ringmore Rise presents a unique opportunity for renovation and investment. Although it has been updated to incorporate modern elements, the property retains its 1930s charm and offers significant potential for further enhancement. Spanning over 2,085 sq. ft., the residence features spacious living areas with panoramic views of the London skyline from several points, making it an appealing choice for families and those who love to entertain. The layout includes two reception rooms, a large kitchen/dining area, and a thoughtfully landscaped rear garden complete with a garden room that could serve as an office or studio. With the added possibility of extending into the loft (subject to planning permission), this home could be transformed into a truly exceptional space. Situated in a community-oriented neighbourhood near excellent schools, local shops, and parks, and just a short walk from Forest Hill Station, this property is well-positioned for both lifestyle and investment potential.

Investment Analysis

(SE23 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£576/sq ft
Area Average
£617/sq ft
Avg Rent (weekly)
£438
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £85,000
Target Value
£1,414,975
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SE23)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -3.8%
5 year growth: +2.5%
Investment Disclaimer: Analysis based on SE23 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

Ringmore Rise, London, SE23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,328
Based on a loan of £900,000 over 30 years at 4.06% 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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