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Micheldever Road, Lee, London, SE12 - Image 1
Micheldever Road, Lee, London, SE12 - Image 2
Micheldever Road, Lee, London, SE12 - Image 3
Micheldever Road, Lee, London, SE12 - Image 4
Micheldever Road, Lee, London, SE12 - Image 5
Micheldever Road, Lee, London, SE12 - Image 6
Micheldever Road, Lee, London, SE12 - Image 7
Micheldever Road, Lee, London, SE12 - Image 8
Micheldever Road, Lee, London, SE12 - Image 9
Micheldever Road, Lee, London, SE12 - Image 10
Micheldever Road, Lee, London, SE12 - Image 11

Micheldever Road, Lee, London, SE12

London

£1,500,000
Listed on 14/02/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1706 sqft

Description

This Victorian four-bedroom home, featuring approximately 1,706 sq.ft of living space, presents an excellent opportunity for renovation and investment. Nestled in the prestigious Lee Conservation Area, this property boasts original architectural detailing such as intricate stained glass, cornicing, and panelled doors that add character and charm. The bright central hallway leads to a spacious bay-fronted reception room and a family room that stretches across the back of the house, both providing ample space for entertaining. A well-lit kitchen and breakfast room offer daily convenience, while a ground floor cloakroom/WC adds to the practical layout. The upper level consists of four generous bedrooms served by a bathroom equipped with both bath and shower facilities. The home also features an expansive loft ripe for conversion (subject to permissions) and possibilities for extending the ground floor – particularly the kitchen – which would cater perfectly to modern family needs. Positioned behind secure wooden gates with a gravel driveway and a private garden, this property invites outdoor activities and relaxation. Located just minutes from Hither Green's vibrant amenities and excellent transport links to Central London, along with nearby highly regarded schools, this home offers incredible potential for those looking to invest in a project that combines historical charm with contemporary living aspirations.

Investment Analysis

(SE12 area)

Above Market Value

This property is priced +67.6% above area average per sq ft

+67.6%
This Property
£879/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£452
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£984,464
10% above area average per sq ft
Potential ROI
-39.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SE12)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +3.0%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on SE12 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

Micheldever Road, Lee, London, SE12
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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
£5,410
Based on a loan of £1,125,000 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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