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Westdean Avenue, Lee, SE12 - Image 1
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Westdean Avenue, Lee, SE12

London

£475,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
740 sqft

Description

This three-bedroom terraced home in the sought-after Lee area presents a unique chance for those looking to invest in a property with significant potential. Located on Westdean Avenue, this residence is a blank canvas, awaiting a creative touch to modernize and enhance its appeal. The interior features a spacious reception room, a kitchen/diner that can be reimagined, three generously sized bedrooms, and an updated bathroom. The rear garden offers ample space for outdoor activities or future landscaping endeavors. There is also the possibility of extending the property (subject to planning permission), allowing for greater living space in line with local trends. Added conveniences include off-street parking, which is highly beneficial in this family-oriented neighborhood. With proximity to both Lee and Grove Park railway stations and access to reputable schools and various amenities, this property is perfectly situated for families and commuters alike. This opportunity not only allows you to secure a desirable location but also enables you to truly customize your home to fit your lifestyle.

Investment Analysis

(SE12 area)

Above Market Value

This property is priced +21.9% above area average per sq ft

+21.9%
This Property
£642/sq ft
Area Average
£527/sq ft
Avg Rent (weekly)
£439
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£428,652
10% above area average per sq ft
Potential ROI
-21.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SE12)

Area prices are rising by +7.0% over the last 12 months
3 year growth: +5.1%
5 year growth: +13.3%
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

Westdean Avenue, Lee, 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
£1,713
Based on a loan of £356,250 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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