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Margaret Gardner Drive, New Eltham, London, SE9 - Image 1
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Margaret Gardner Drive, New Eltham, London, SE9

London

£500,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Link Detached House
Area
1103 sqft

Description

Located in a quiet cul-de-sac, this three-bedroom semi-detached house, encompassing 1103 sq ft, presents a promising opportunity for renovation and improvement. The property features a practical layout that includes a spacious reception room, a fitted kitchen, and a conservatory leading to the garden. Upstairs, you'll find three bedrooms, two of which are equipped with built-in wardrobes, as well as a family bathroom that has been modernized. While the home is currently in need of some updates, it offers potential for enhancements that could significantly increase its value. A driveway provides off-street parking and access to an integral garage, adding convenience to the property. Its proximity to Mottingham Station and local amenities such as Lidl and M&S Food to Go makes it an attractive choice for both families and commuters alike. This home is not just a residence; it's an investment opportunity waiting for the right touch.

Investment Analysis

(SE9 area)

Below Market Value

This property is priced -7.8% below area average per sq ft

-7.8%
Potential saving
This Property
£453/sq ft
Area Average
£491/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£596,216
10% above area average per sq ft
Potential ROI
+10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Margaret Gardner Drive, New Eltham, London, SE9
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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
£1,771
Based on a loan of £375,000 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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