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Begbie Road, London, SE3

London

£575,000
Listed on 27/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
979 sqft

Description

This semi-detached property presents a unique opportunity for renovation and investment, featuring a generous 30-meter garden that adjoins sports fields, offering both privacy and tranquil views. The home is ideally located just a 20-minute stroll from Blackheath Standard, surrounded by an array of local shops and educational facilities. With the probate process already completed and the property vacant, potential buyers can move forward with renovations without delay. The house retains a traditional layout with significant room for modernisation. The front bay-windowed lounge and separate dining area at the back provide a solid foundation for contemporary reconfiguration or extension—ideal for creating an open-plan kitchen-diner or even adding a loft conversion (subject to planning approval). Upstairs features two spacious double bedrooms along with a smaller single bedroom that could easily function as a home office or nursery, complemented by a shower room. The side space of the house opens up possibilities for expansion. Additionally, outdoor features include a garage and driveway, along with a front garden that extends to the side. The expansive back garden adds significant value—not only in size but also in its potential for landscaping or personal touch. Families will benefit from being near several highly-rated primary schools, enhancing its appeal as a family-oriented residence. While this property does require extensive work to achieve its full potential, it offers an exciting blank canvas for those looking to create their dream home in a vibrant community.

Investment Analysis

(SE3 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£587/sq ft
Area Average
£645/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£694,870
10% above area average per sq ft
Potential ROI
+6.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE3)

Area prices are rising by +7.3% over the last 12 months
3 year growth: -3.9%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on SE3 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

Begbie Road, London, SE3
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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
£2,106
Based on a loan of £431,250 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