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Milborough Crescent, Lee

London

£650,000
Listed on 26/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace home is situated on a peaceful residential street, offering a solid foundation for those seeking a renovation project or an investment opportunity. The property features a bright front reception room that welcomes natural light, along with a generously sized open-plan kitchen and dining area that presents great potential for modern updates and personalized design. On the upper floor, you'll find three well-proportioned bedrooms, providing ample space for family living or rental potential. The large family bathroom is equipped with both a separate bath and shower, enhancing its functionality. Outside, the neatly kept front garden adds curb appeal, while the enclosed rear garden offers a private outdoor space suitable for family activities or gatherings. Additionally, there is a garage at the back of the property, which could be converted or repurposed for further investment potential. One of the key advantages of this home is its location. It is conveniently positioned near both Lee and Hither Green stations, making commuting straightforward. Residents will also appreciate the proximity to Manor House Gardens and several exceptional primary schools, which adds to its appeal for families as well as investors looking to attract tenants. The property has excellent scope for extension or reconfiguration to maximize living space and enhance value in line with planning regulations. With its blend of space, location benefits, and renovation potential, this home represents an intriguing prospect for those looking to invest in an area with strong growth potential.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Milborough Crescent, 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
£2,381
Based on a loan of £487,500 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