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Melbourne Grove, Dulwich, London

London

£500,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Apartment
Area
916 sqft

Description

Nestled on a sought-after residential street, this spacious apartment presents a valuable investment opportunity in the vibrant area of Dulwich. Occupying the upper floors of a charming period property, it boasts an abundance of natural light and well-proportioned living spaces. The reception room offers ample room for both relaxation and dining, while the separate kitchen, although functional, is ripe for modernization. This apartment features three bedrooms, including a principal suite with en-suite facilities and an additional bathroom. While the property has been maintained, there is substantial potential for enhancement and personalisation to create a contemporary living environment tailored to your preferences. Melbourne Grove's prime location affords easy access to East Dulwich’s eclectic mix of independent shops, cafes, and restaurants. Nearby green spaces like Peckham Rye Common and Dulwich Park provide outdoor leisure options, and excellent transport links with East Dulwich and Peckham Rye stations facilitate smooth commutes into central London. This chain-free property harmoniously combines space, location, and renovation potential—making it an attractive choice for both homebuyers aiming to create their ideal residence or investors looking to capitalize on its possibilities.

Investment Analysis

(SE22 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£546/sq ft
Area Average
£768/sq ft
Avg Rent (weekly)
£519
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£773,938
10% above area average per sq ft
Potential ROI
+40.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SE22)

Area prices are rising by +11.4% over the last 12 months
3 year growth: +15.3%
5 year growth: +7.5%
Investment Disclaimer: Analysis based on SE22 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

Melbourne Grove, Dulwich, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-16.7% since listed
£500,000£25,000(-4.8%)
10/02/2026
Current price
£525,000£50,000(-8.7%)
31/01/2026
£575,000£25,000(-4.2%)
27/01/2026
£600,000Initial listing
21/01/2026

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