Worst House on the Street Logo
George Lane, London SE13 - Image 1
George Lane, London SE13 - Image 2
George Lane, London SE13 - Image 3
George Lane, London SE13 - Image 4
George Lane, London SE13 - Image 5
George Lane, London SE13 - Image 6
George Lane, London SE13 - Image 7
George Lane, London SE13 - Image 8
George Lane, London SE13 - Image 9
George Lane, London SE13 - Image 10
George Lane, London SE13 - Image 11

George Lane, London SE13

London

£1,500,000
Listed on 01/12/2025

Property Details

Bedrooms
9
Type
Detached house
Area
2325 sqft

Description

This impressive double-fronted Victorian residence represents a unique investment opportunity, situated conveniently between the lively areas of Lewisham and Hither Green. With significant character and ample space, this property is ripe for transformation and offers outstanding potential for investors and developers, as well as those looking to create a remarkable family home. Previously configured as four self-contained flats, the property has been adapted over the years into nine studio units tailored for rental purposes. This arrangement has consistently attracted strong yields, making it an attractive prospect for building or enhancing a rental portfolio. Currently vacant and free from chains, this property provides a blank canvas for its next owner to reimagine its use or layout according to their vision. The ground floor comprises four independent studios with facilities, while the first floor features five additional studios. There is also a dedicated laundry room and generous rear garden space that can be creatively remodeled. Located just a short walk from Hither Green Station with swift access to Central London, residents will enjoy an energetic community rich in independent shops, dining options, and essential amenities including health services and fitness centers. Moreover, the family-friendly local area boasts reputable schools and nurseries alongside outdoor spaces like Mountsfield Park for leisurely activities.

Investment Analysis

(SE13 area)

Above Market Value

This property is priced +9.6% above area average per sq ft

+9.6%
This Property
£645/sq ft
Area Average
£589/sq ft
Avg Rent (weekly)
£409
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,505,472
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE13)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 2.0%
5 year growth: 8.3%
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

George Lane, London SE13
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,495
Based on a loan of £1,125,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Similar Properties