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Baring Road, Grove Park

London

£750,000
Listed on 01/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1514 sqft

Description

This sizable semi-detached home presents a promising opportunity for families looking to expand. Located in Grove Park, this property boasts excellent transport links into Central London and nearby bus routes connecting to Bromley South, Blackheath, and Lewisham. Daily conveniences are within arm's reach, with multiple supermarkets and dining options nearby, while the Downham Leisure Centre is just a short walk away for family activities. The house features a generous through reception room that flows seamlessly onto an outdoor patio area, ideal for entertaining or family gatherings. The kitchen/dining area also opens to the patio and spacious garden, providing ample potential for enhancement or reconfiguration. A versatile study or additional bedroom, complete with an ensuite shower room, rounds out the ground floor. On the upper level, you'll find three well-proportioned double bedrooms alongside a single bedroom. The existing family bathroom is fitted with a freestanding bath and there is an additional shower room available. With its extensive space and layout options, this property holds considerable renovation potential to adapt to modern requirements or increase value significantly.

Investment Analysis

(SE12 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£495/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£465
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£872,003
10% above area average per sq ft
Potential ROI
+7.7%
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

Baring Road, Grove Park
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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
£2,747
Based on a loan of £562,500 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