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Ronver Road, Lee

London

£450,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled on a tranquil residential street, this three-bedroom mid-terrace house presents a compelling opportunity for buyers seeking to invest in a property with considerable renovation potential. The layout offers a spacious through lounge and dining area that could be transformed into an inviting living space. Adjacent is a separate kitchen, which provides the chance for modern updates and customization. Completing the ground floor is a practical bathroom. The first floor features three generously-sized bedrooms, each offering flexibility for redesign or enhancement. The rear garden, fully enclosed for privacy, serves as a quiet retreat and has potential for landscaping or outdoor entertaining options. This property comes with the advantage of no onward chain, making it particularly appealing for those looking to dive into a renovation project in a well-connected area. Located just 0.6 miles from Lee station, residents benefit from direct train services into central London destinations like London Bridge, Waterloo East, Cannon Street, and Charing Cross. Furthermore, connections at Lewisham provide easy access to the DLR, while New Cross offers links to the East London line. The surrounding neighborhood boasts a variety of local shops and amenities within walking distance, along with Northbrook Park nearby for outdoor leisure. The greater Lee area is known for its selection of restaurants and pubs, as well as the beautiful Manor House Gardens. For those considering long-term investment or seeking to create a personalized living space in an evolving community, this property demonstrates significant promise.

Investment Analysis

(SE12 area)
Area Average
£524/sq ft
Avg Rent (weekly)
£465
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE12)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 0.6%
5 year growth: 12.7%
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

Ronver Road, Lee
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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
£1,648
Based on a loan of £337,500 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