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Castlewood Drive, Eltham

London

£500,000
Listed on 17/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in a sought-after 1930s neighborhood of Eltham, this three-bedroom mid-terrace property stands out as a prime opportunity for those looking to invest or personalize their living space. The home features classic architectural charm while offering ample scope for contemporary updates and enhancements. Upon entering, you are greeted by an entrance hall leading into a spacious through lounge, characterized by a bay window that optimizes natural light. This inviting area seamlessly connects to a large kitchen diner at the rear, ideal for both daily life and entertaining guests. Direct access from the kitchen to the rear garden adds to the connectivity between indoor and outdoor spaces. A convenient ground floor bathroom/WC ensures functional flexibility. On the first floor, you'll find three well-sized bedrooms—two generous doubles and a smaller third room perfect for use as a child’s bedroom, guest accommodation, or even a home office—along with an additional shower room/WC designed to serve this level. The outdoor space is equally impressive, featuring a sizable rear garden complemented by a coveted double garage accessible via a rear service road—a rare asset that offers secure parking or potential workshop use. The property has the added advantage of backing onto expansive woodland areas associated with Eltham Common, providing immediate access to scenic trails and recreational opportunities. Located conveniently close to local amenities, including bus routes and shopping on Well Hall Road, the property is also within easy reach of Eltham railway station for quick connections into central London. Families will appreciate proximity to highly-regarded schools like Deansfield Primary School. Although the property requires some updating and modernization, it presents an excellent chance for buyers to infuse their own style and increase its value in this desirable setting.

Investment Analysis

(SE9 area)
Area Average
£495/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (SE9)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +6.5%
5 year growth: +16.9%
Investment Disclaimer: Analysis based on SE9 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

Castlewood Drive, Eltham
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 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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