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Kestrel Avenue, London, SE24 - Image 1
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Kestrel Avenue, London, SE24

London

£1,250,000
Listed on 28/11/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2061 sqft

Description

Presenting a unique opportunity within SE24, this substantial property spans over 2,000 sqft and is currently configured as three distinct flats. With the potential to be reimagined into a grand family residence (subject to planning approval), this freehold building is an intriguing investment for cash buyers looking for a project. Nestled on a tranquil, tree-lined avenue in Herne Hill, you are just steps away from lively local shops, cafés, and the picturesque Dulwich Village, with Brockwell Park's expansive greenery nearby. The property benefits from excellent transport connections via Herne Hill Station, which provides quick access to central London destinations including Victoria and the City. Previously generating a solid annual rental income of £56,640 from its self-contained units—each with their own council tax band—this site offers flexibility in layout and significant potential for enhancement in one of London's sought-after enclaves.

Investment Analysis

(SE24 area)

Below Market Value

This property is priced -21.1% below area average per sq ft

-21.1%
Potential saving
This Property
£607/sq ft
Area Average
£769/sq ft
Avg Rent (weekly)
£564
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,743,740
10% above area average per sq ft
Potential ROI
+27.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SE24)

Area prices are falling by -12.1% over the last 12 months
3 year growth: -13.8%
5 year growth: -11.0%
Investment Disclaimer: Analysis based on SE24 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

Kestrel Avenue, London, SE24
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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
£4,508
Based on a loan of £937,500 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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