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Cornish Grove, London

London

£450,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
964 sqft

Description

This well-maintained property presents a practical layout that naturally lends itself to investment or renovation opportunities. The ground floor boasts a welcoming reception room, ideal for both relaxation and entertaining. The fitted kitchen/dining area overlooks the generous private garden, providing a family-friendly atmosphere and ample potential for modernisation or expansion (subject to planning permission). Additional conveniences include a ground floor WC and useful storage spaces.<br><br>On the first floor, you will find three spacious bedrooms—two comfortable doubles and a versatile third room suitable for children, guests, or as a home office. A family bathroom completes this level.<br><br>The substantial rear garden is primarily laid to lawn, offering significant outdoor space that can be enhanced further through landscaping or an extension project. Situated in the sought-after Cornish Grove, the property is conveniently close to local amenities in Anerley and Penge, with excellent transport links connecting you directly to Central London. Nearby Crystal Palace Park adds to the appeal with its recreational offerings and green spaces. With reputable schools within reach, this property is particularly attractive to families seeking long-term potential.

Investment Analysis

(SE20 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£467/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
£572,934
10% above area average per sq ft
Potential ROI
+14.6%
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

Cornish Grove, London
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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
£1,623
Based on a loan of £337,500 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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