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Melbury Drive, London, SE5 - Image 1
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Melbury Drive, London, SE5

London

£550,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
945 sqft

Description

This three-bedroom freehold terraced house offers a unique opportunity for renovation in the desirable Brunswick Park and Camberwell area of SE5. Situated on a quiet residential street, this mid-century property spans 945 sq ft (87.7 sq m), providing ample space for potential updates that reflect your personal style. While some areas may require modernization, the home's overall structure and layout are solid, making it a promising canvas for buyers looking to invest. Upon entering, you’ll find a welcoming hallway that opens into an open-plan kitchen and dining area at the front of the house. This design is ideal for both family gatherings and entertaining guests. A convenient guest WC enhances functionality, while the spacious reception room at the rear provides direct access to a private garden—a great setting for outdoor activities or relaxation. Upstairs, the property features three well-sized bedrooms along with a family bathroom. The principal bedroom and second bedroom benefit from good natural light, presenting comfortable options for sleeping quarters, while the third bedroom can easily serve as a guest room or home office. Location is an asset here; Melbury Drive combines tranquility with proximity to vibrant hubs like Camberwell, Peckham, and Brixton. Residents enjoy quick access to Denmark Hill Station (serving both Overground and National Rail) with direct trains to major destinations including Victoria and St Pancras International. Numerous bus routes also connect seamlessly to central London and neighboring areas. The surrounding community is known for its independent cafés, artisan bakeries, and abundant green spaces such as Brunswick Park, Ruskin Park, and Peckham Rye Park—all within walking distance. Families will appreciate the proximity to reputable local schools and community facilities. In summary, this property presents an exciting opportunity for those looking to create their ideal home in a well-connected South London neighborhood. With its generous space and renovation potential, this house could be transformed into a modern residence tailored to your preferences while benefiting from its excellent location.

Investment Analysis

(SE5 area)

Below Market Value

This property is priced -12.0% below area average per sq ft

-12.0%
Potential saving
This Property
£582/sq ft
Area Average
£662/sq ft
Avg Rent (weekly)
£508
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£687,733
10% above area average per sq ft
Potential ROI
+14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE5)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -3.4%
5 year growth: -0.4%
Investment Disclaimer: Analysis based on SE5 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

Melbury Drive, London, SE5
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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
£2,015
Based on a loan of £412,500 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