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London, SE13

London

£260,000
Listed on 14/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor flat is available without a chain and offers an excellent opportunity for renovation and investment. Located just two minutes from Ladywell Train Station, this property features a spacious double bedroom, a single bedroom, a separate living area, and a kitchen along with a bathroom/WC. With local amenities and the Lewisham shopping centre within easy reach, this flat presents a convenient urban lifestyle. The property also benefits from an allocated off-street parking space and access to a communal garden. However, it requires modernization and has a short lease of 60 years, making it essential for potential buyers to consider renovations that could significantly enhance its market value.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

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
£952
Based on a loan of £195,000 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.

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