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Grove Park Road, London

London

£850,000
Listed on 11/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2179 sqft

Description

This spacious detached property spans over 2500 sq ft and is spread across three levels, making it an intriguing prospect for those looking to invest in a renovation project. While it requires modernisation, the home exudes a unique character that can be brought back to life with thoughtful updates. The expansive 250ft rear garden is a rare find in South East London, offering ample outdoor space for potential landscaping or extension possibilities. Additionally, the brick-built outbuilding presents further options for conversion or utility. Located in the desirable Grove Park area, with proximity to Eltham College and easy access to both Grove Park and Mottingham stations, this property holds significant investment potential and could truly shine again with the right vision and creativity.

Investment Analysis

(SE9 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£390/sq ft
Area Average
£491/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,177,837
10% above area average per sq ft
Potential ROI
+24.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (SE9)

Area prices are stable by +1.5% over the last 12 months
3 year growth: +4.1%
5 year growth: +11.2%
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

Grove Park Road, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,011
Based on a loan of £637,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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