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Westhorne Avenue, London - Image 1
Westhorne Avenue, London - Image 2
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Westhorne Avenue, London

London

£550,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1768 sqft

Description

This four-bedroom detached house presents a significant opportunity for renovation in the desirable area of Eltham. Set on a spacious plot, it features expansive front and rear gardens, an integral garage, and additional off-street parking via the front drive. The property is currently vacant and requires modernization, making it an ideal project for investors or families looking to create their perfect home. Its location near the town centre offers excellent transport links with easy access to Lee and Kidbrooke Rail Stations, as well as proximity to reputable schools and local amenities, including cafes and bars in both Lee and Blackheath Village. This property not only offers ample living space but also has potential for value enhancement through refurbishment.

Investment Analysis

(SE12 area)

Below Market Value

This property is priced -40.7% below area average per sq ft

-40.7%
Potential saving
This Property
£311/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£452
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,020,242
10% above area average per sq ft
Potential ROI
+59.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SE12)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 3.0%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on SE12 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

Westhorne Avenue, London
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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
£1,984
Based on a loan of £412,500 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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