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Glenluce Road, London, SE3 - Image 1
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Glenluce Road, London, SE3

London

£290,000
Listed on 10/02/2026

Property Details

Bedrooms
1
Type
Flat
Area
503 sqft

Description

This top floor one-bedroom flat, located within a charming period building in a highly regarded residential area of Blackheath, presents an excellent refurbishment opportunity for investors or buyers seeking to create a personalized living space. The flat boasts a spacious layout comprising a bright living room, distinct kitchen, double bedroom, and bathroom accessible from the central hallway. Although updating is required throughout, the property offers a solid foundation for modernisation and potential reconfiguration, subject to standard approvals. Additionally, the flat includes access to a shared garden—an appealing feature for outdoor enjoyment and extending the living area during warmer months. Glenluce Road's location is particularly advantageous with its proximity to Blackheath Common and the vibrant Blackheath Village, known for its independent dining options, shops, and convenient transport links into central London. This property serves as an ideal canvas for those looking to invest in a prime area with both character and community appeal.

Investment Analysis

(SE3 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£577/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£496
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£352,369
10% above area average per sq ft
Potential ROI
+6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE3)

Area prices are rising by +10.1% over the last 12 months
3 year growth: +5.5%
5 year growth: +10.5%
Investment Disclaimer: Analysis based on SE3 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

Glenluce Road, London, SE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,027
Based on a loan of £217,500 over 30 years at 3.91% 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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