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66 Ellerdale Street, Lewisham, London, SE13 - Image 1
66 Ellerdale Street, Lewisham, London, SE13 - Image 2
66 Ellerdale Street, Lewisham, London, SE13 - Image 3
66 Ellerdale Street, Lewisham, London, SE13 - Image 4
66 Ellerdale Street, Lewisham, London, SE13 - Image 5
66 Ellerdale Street, Lewisham, London, SE13 - Image 6
66 Ellerdale Street, Lewisham, London, SE13 - Image 7
66 Ellerdale Street, Lewisham, London, SE13 - Image 8
66 Ellerdale Street, Lewisham, London, SE13 - Image 9
66 Ellerdale Street, Lewisham, London, SE13 - Image 10
66 Ellerdale Street, Lewisham, London, SE13 - Image 11

66 Ellerdale Street, Lewisham, London, SE13

London

£375,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This property presents a compelling opportunity for renovation and investment. Previously a two-storey, two-bedroom house, it has received planning permission for a single-storey rear extension and roof extension, although these works were partially completed around two years ago and have since stalled. Currently, the property lacks a roof covering and offers potential to transform it into a three-storey, three-bedroom residence, with the possibility of adjusting the layout to accommodate four bedrooms, subject to obtaining the necessary consents. The front and rear gardens provide additional outdoor space, enhancing the appeal of this project. Located within walking distance to Lewisham's commercial centre and transport links to central London, this property allows for substantial renovations that can significantly increase its market value.

Investment Analysis

(SE13 area)
Area Average
£589/sq ft
Avg Rent (weekly)
£409
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

66 Ellerdale Street, Lewisham, London, SE13
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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
£1,374
Based on a loan of £281,250 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.

Next Steps

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