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Ruskin Road, Belvedere

South East

£195,000

Listed on 04/02/2026

Property details

Bedrooms
2
Type
Apartment
Area
619 sqft

Description

This chain-free apartment on Ruskin Road in Belvedere offers a spacious layout with significant renovation potential. With its generous size and unique configuration, this property is an ideal candidate for modernization, allowing buyers to create a home tailored to their tastes while increasing its value. The central hallway provides easy access throughout the apartment, leading to an expansive kitchen and reception room of about 16ft x 16ft that can be reimagined into a contemporary living space ideal for relaxation and entertaining. The two bedrooms are adequately sized, with the main bedroom measuring approximately 13ft x 12ft—comfortably fitting a double bed and additional furnishings—and the second bedroom, at about 12ft x 8ft, lending itself well to various uses such as a guest room or home office. The bathroom, though currently outdated, boasts good dimensions suitable for a modern update. Covering around 619 sqft, this apartment stands out among others in the building due to its size and layout. Parking availability adds further appeal for both residents and investors seeking rental opportunities. Strategically located near transport links including Belvedere Station and Abbey Wood for the Elizabeth Line, this property ensures excellent connectivity into central London. The surrounding area also provides essential amenities and local schools that enhance its attractiveness. In summary, this larger-than-average apartment presents an excellent investment opportunity with its superb location, parking space, and clear potential for enhancements—ideally suited for first-time buyers looking to secure a spacious home with room for personal improvements.

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Investment analysis

(DA17 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£315/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£363
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£283,799
10% above area average per sq ft
Potential ROI
+29.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DA17)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +5.5%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on DA17 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

Ruskin Road, Belvedere
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£737
Based on a loan of £146,250 over 30 years at 4.45% 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

-18.8% since listed
£195,000£20,000(-9.3%)
24/04/2026
Current price
£215,000£10,000(-4.4%)
12/04/2026
£225,000£15,000(-6.3%)
17/03/2026
£240,000Initial listing
05/02/2026

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