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Wordsworth Road, Penge, London, SE20 - Image 1
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Wordsworth Road, Penge, London, SE20

London

£550,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1074 sqft

Description

This three-bedroom freehold home, spanning approximately 1,039 sq ft, presents a significant opportunity for those looking to invest in property with renovation potential. Located just a short stroll from Penge East Station, this residence features two spacious reception rooms, a separate kitchen/diner, three double bedrooms, and a family bathroom on the ground floor. The south-west facing garden offers an inviting space for outdoor activities or landscaping ideas.<br><br>Situated on a tranquil residential street, the property is ideal for buyers ready to modernise and customise their living environment to meet personal tastes. Its proximity to various amenities in Penge, Sydenham, and Anerley as well as nearby parks like Crystal Palace Park and Cator Park enhances its appeal for families and young professionals alike.<br><br>Exceptional transport links with multiple stations nearby provide easy access to Central London hubs such as London Bridge and Victoria, further increasing the property's value proposition. Additionally, reputable schools in the vicinity make this location particularly attractive for families seeking long-term residence.

Investment Analysis

(SE20 area)

Below Market Value

This property is priced -5.2% below area average per sq ft

-5.2%
Potential saving
This Property
£512/sq ft
Area Average
£540/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£638,310
10% above area average per sq ft
Potential ROI
+6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SE20)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +9.0%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on SE20 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

Wordsworth Road, Penge, London, SE20
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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
£1,984
Based on a loan of £412,500 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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