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Milborough Crescent, Lee

London

£620,000
Listed on 16/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
968 sqft

Description

This end-of-terrace home, dating back to the 1930s, presents a promising opportunity for renovation and investment. With three bedrooms, the property features an entrance hall that leads into a spacious through lounge, ideal for reconfiguration. The kitchen, while functional, offers potential for modernization and an open-concept design. A separate bathroom and WC add convenience to the layout. One of the standout features is the garage situated alongside the house, which could be repurposed or expanded upon as part of renovation plans. The south-west facing rear garden is another highlight, providing ample space for landscaping or possible extensions that align with local regulations. Located within half a mile of both Lee and Hither Green train stations, this property benefits from excellent transport links to key areas in London such as London Bridge, Charing Cross, and Cannon Street. The nearby Blackheath Village and Lewisham Town Centre enhance its appeal with various amenities, including shops and cafés. Families will appreciate the availability of highly-rated schools as identified by Ofsted in close proximity. Additionally, residents can enjoy green spaces like Manor House Gardens, ideal for leisure activities or outdoor gatherings. With no onward chain, this property holds significant potential for those looking to invest in a vibrant area of the London Borough of Lewisham.

Investment Analysis

(SE12 area)

Above Market Value

This property is priced +22.3% above area average per sq ft

+22.3%
This Property
£640/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£465
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£557,529
10% above area average per sq ft
Potential ROI
-16.8%
After renovation
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
£2,271
Based on a loan of £465,000 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