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Elfindale Road, London, SE24

London

£500,000
Listed on 06/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
753 sqft

Description

Located on one of the highly coveted tree-lined streets of Herne Hill, this spacious two-bedroom split-level flat occupies the first floor of a charming period building. This property offers an ideal canvas for renovation, presenting investors and homeowners with a chance to unlock its full potential in a desirable Dulwich setting. Upon entering, you'll find a private staircase leading to a bright landing that flows into an expansive reception room featuring high ceilings and a large bay window that floods the space with natural light. The separate kitchen at the rear is functional but in need of modernisation, providing an opportunity for reconfiguration. With two generously sized double bedrooms arranged across the split levels, the layout supports various living arrangements—perfect for roommates, home offices, or guest stays. A bathroom completes this interior space. Additional highlights include a sizable boarded loft area that could serve as excellent storage or be converted into further living space (subject to planning approval), along with shared access to a rear garden—a rare commodity for properties in this price range. Situated conveniently close to both Herne Hill and North Dulwich stations, residents can enjoy quick commutes into London Victoria and London Bridge. The local area boasts exceptional schools, independent shops and cafés, plus easy access to lush green parks like Sunray Gardens and Dulwich Park. With no onward chain, this flat presents an outstanding opportunity for those looking to invest in this sought-after SE24 neighbourhood while enhancing their new home.

Investment Analysis

(SE24 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£664/sq ft
Area Average
£769/sq ft
Avg Rent (weekly)
£564
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£637,087
10% above area average per sq ft
Potential ROI
+13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SE24)

Area prices are falling by -12.1% over the last 12 months
3 year growth: -13.8%
5 year growth: -11.0%
Investment Disclaimer: Analysis based on SE24 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

Elfindale Road, London, SE24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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