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Southwood Road, New Eltham, SE9 - Image 1
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Southwood Road, New Eltham, SE9

London

£650,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1487 sqft

Description

This impressive family residence, encompassing 1644 sq ft including an outbuilding, presents an excellent renovation opportunity in a desirable area close to New Eltham station. Characterized by its high ceilings and spacious layout, the period property features two reception rooms, a large kitchen/breakfast area, three well-sized bedrooms, and two bathrooms, making it a solid foundation for modern family living. The rear garden is sizable and includes both a patio and lawned area, ideal for outdoor activities or gardening enthusiasts. Furthermore, there's potential to enhance the property through extension (subject to planning permission) or by optimizing the existing spaces. The summer house at the bottom of the garden adds versatility; it could serve as an entertaining space, home office, or gym with some refurbishing. Off-street parking for at least two vehicles adds to the appeal of this home. Located within walking distance to New Eltham’s amenities and excellent transport links into central London, this property holds significant investment potential in a thriving community known for its reputable schools.

Investment Analysis

(SE9 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£437/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£809,917
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (SE9)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +6.5%
5 year growth: +16.9%
Investment Disclaimer: Analysis based on SE9 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

Southwood Road, New Eltham, SE9
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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
£2,344
Based on a loan of £487,500 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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