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

London

£290,000
Listed on 11/02/2026

Property Details

Bedrooms
1
Type
Flat
Area
503 sqft

Description

This top floor one-bedroom flat, located in a charming period building on a desirable road in Blackheath, presents an exceptional opportunity for refurbishment. The property features a well-structured layout that includes a spacious living room, a separate kitchen, a double bedroom, and a bathroom accessible from the central hallway. While the interiors are in need of modernization, this space offers a blank canvas perfect for customization and reconfiguration to meet contemporary standards, pending any necessary consents. Additionally, the shared garden provides valuable outdoor space—particularly advantageous for enjoying warmer months. Situated close to Blackheath Common and the vibrant Blackheath Village with its array of independent shops and eateries, as well as excellent transport links to central London, this property not only has potential but is also set in an attractive community known for its rich architectural character. This flat is an ideal project for those looking to invest in a prime location while creating their own unique home.

Investment Analysis

(SE3 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£577/sq ft
Area Average
£639/sq ft
Avg Rent (weekly)
£496
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,697
10% above area average per sq ft
Potential ROI
+7.2%
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
8%
Properties sold annually

Local Market Trend (SE3)

Area prices are rising by +4.9% over the last 12 months
3 year growth: -5.3%
5 year growth: +6.3%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 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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