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Tiverton Drive, New Eltham

London

£550,000
Listed on 29/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1099 sqft

Description

This end-of-terrace property is situated on a generous corner plot, offering ample outdoor space including a bonus side garden that presents exciting possibilities for expansion, subject to planning permission. The home features four bedrooms and two bathrooms, along with multiple reception areas that provide flexible living arrangements. Inside, the layout includes a welcoming entrance hall leading to a lounge complete with a coal-effect gas fire and a dining room that enjoys natural light from double-glazed windows. The kitchen is equipped with fitted units, an integrated oven and gas hob, and plumbing for a washing machine, making it a functional space ready for modern upgrades. The first floor hosts three well-proportioned bedrooms, while the top floor is dedicated to a spacious primary bedroom with dual aspect windows. Each room benefits from natural light and offers the potential for personalization. There are two bathrooms in total; one featuring a panelled bath and the other equipped with an electric shower, both spaces awaiting contemporary enhancements. Located just a five-minute walk from New Eltham mainline station, this property enjoys excellent transport links. Additionally, it's close to Avery Hill Park, providing green space for outdoor activities. New Eltham itself is known for its friendly community atmosphere and local amenities, making it an appealing residential choice. With its significant renovation potential and desirable location, this property represents an excellent opportunity for those looking to create their ideal family home or make a sound investment.

Investment Analysis

(SE9 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£500/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£441
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£597,801
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SE9)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 7.3%
5 year growth: 18.7%
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

Tiverton Drive, New Eltham
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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