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Algernon Road, London

London

£625,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
House
Area
1267 sqft

Description

Situated in the vibrant area of Lewisham, this substantial semi-detached period home features three spacious bedrooms and two inviting reception rooms, offering a generous internal layout of approximately 1,267 sq.ft. With the potential for enhancement through refurbishment, it boasts characterful features such as bay windows, high ceilings, and shuttered French doors that open into a private rear garden. The ground floor includes a bright through lounge and a well-sized dining room that flows into the kitchen, creating a functional space for renovations. A convenient ground-floor shower room adds practicality to the layout. Upstairs, the three bedrooms benefit from ample natural light and easy access to loft space which may provide further expansion possibilities (subject to planning consent). The property also includes an attached garage and driveway—both of which present excellent opportunities for development or conversion. Located close to excellent transport links and local amenities including schools and parks, this property represents an intriguing investment opportunity for both homeowners looking to make their mark and investors seeking value in an up-and-coming neighbourhood.

Investment Analysis

(SE13 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£493/sq ft
Area Average
£590/sq ft
Avg Rent (weekly)
£416
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£821,865
10% above area average per sq ft
Potential ROI
+17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE13)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +3.0%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on SE13 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

Algernon Road, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,214
Based on a loan of £468,750 over 30 years at 3.91% 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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