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Parkgate, Blackheath, London, SE3

London

£3,000,000
Listed on 13/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2026 sqft

Description

Located in the prestigious Cator Estate of Blackheath, this substantial property offers a unique opportunity for those looking to invest in a home with significant potential for renovation and extension (subject to planning permission). Set within the well-regarded Blackheath Park Conservation Area, the house occupies one of the largest plots on the street, allowing for creative expansion and landscaping possibilities that would enhance its already impressive stature. The spacious interior boasts multiple reception rooms and generously sized bedrooms, making it ideal for reconfiguration to suit modern living needs. The well-placed windows invite ample natural light into the home while emphasizing its connection to the surrounding lush landscape. This property is not only a rare find but also presents an exciting prospect for both buyers willing to transform it into their bespoke dream home and developers aiming to maximize its value. With proximity to Blackheath Village's amenities and excellent schools, this residence stands out as a prime investment opportunity in a highly desirable area.

Investment Analysis

(SE3 area)

Above Market Value

This property is priced +132.5% above area average per sq ft

+132.5%
This Property
£1,481/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£496
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,419,284
10% above area average per sq ft
Potential ROI
-54.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE3)

Area prices are rising by +10.1% over the last 12 months
3 year growth: +5.5%
5 year growth: +10.5%
Investment Disclaimer: Analysis based on SE3 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

Parkgate, Blackheath, London, SE3
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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
£10,625
Based on a loan of £2,250,000 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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