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Tunnel Avenue, London

London

£550,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1071 sqft

Description

This three-bedroom mid-terrace house in Greenwich offers a solid foundation for those looking to invest or renovate. Spread across two levels, the property features a spacious layout with the potential to enhance and modernize to suit personal tastes or maximize rental value. The entrance hall leads to a sizable lounge, which presents opportunities for reconfiguration for better flow or updated decor. At the back, the expansive kitchen/dining area is primed for improvement, offering direct access to a generous rear garden, perfect for creating an outdoor oasis or entertaining space. A ground-floor WC adds convenience and potential functionality. On the upper level, you will find three bedrooms; the main double bedroom offers built-in storage while the second bedroom is well-positioned for guests or family. The third room can serve as a child's bedroom or home office, providing versatility. The family bathroom completes this floor's layout. Located in an area with excellent transport links, this property not only promises comfortable living but also stands as a strong investment opportunity in an evolving neighborhood where you can add significant value through modernization.

Investment Analysis

(SE10 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£514/sq ft
Area Average
£709/sq ft
Avg Rent (weekly)
£525
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£835,509
10% above area average per sq ft
Potential ROI
+40.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SE10)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -16.1%
5 year growth: -11.1%
Investment Disclaimer: Analysis based on SE10 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

Tunnel Avenue, 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
£1,984
Based on a loan of £412,500 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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