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Piquet Road, Penge, London, SE20 - Image 1
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Piquet Road, Penge, London, SE20

London

£570,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
852 sqft

Description

This three-bedroom residence presents a unique opportunity for those looking to invest in a property with significant renovation potential. Located within close proximity to reliable transport links and the esteemed Stuart Fleming Primary School, this home is ideally positioned for families and commuters alike. The interior boasts open-plan living areas that provide a flexible layout, perfect for modern living. While the property is currently well-maintained, there are ample opportunities for updates and personal touches that can enhance its appeal and value. The private rear garden offers a tranquil retreat, with enough space to consider landscaping or extending the home, subject to planning permissions. With its desirable location and the possibility for expansion or refurbishment, this house stands out as a promising investment. Whether you’re looking to make it your own or seeking a property with growth potential in a sought-after neighborhood, this home is worth considering.

Investment Analysis

(SE20 area)

Above Market Value

This property is priced +24.5% above area average per sq ft

+24.5%
This Property
£669/sq ft
Area Average
£537/sq ft
Avg Rent (weekly)
£371
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£503,558
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SE20)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 6.6%
5 year growth: 7.1%
Investment Disclaimer: Analysis based on SE20 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

Piquet Road, Penge, London, SE20
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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
£2,088
Based on a loan of £427,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE