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St. Stephens Grove, London

London

£165,000
Listed on 25/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

This first-floor flat presents a promising opportunity for those looking to invest in a long leasehold property in need of renovation. Currently vacant, the unit consists of an entrance hall, one bedroom, a kitchen, and a bathroom/WC. Ideal for buyers interested in updating or modernizing the space, the property is situated on St Stephens Grove, with good access to transport links including Lewisham rail and DLR stations as well as local bus routes. The vibrant Lewisham town centre is nearby, offering a range of shops and dining options, alongside recreational facilities at Manor Park to the south. With a new 990-year lease available at a peppercorn ground rent, this flat holds significant potential for those ready to undertake refurbishment.

Investment Analysis

(SE13 area)
Area Average
£590/sq ft
Avg Rent (weekly)
£416
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE13)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +3.0%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on SE13 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

St. Stephens Grove, 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
£584
Based on a loan of £123,750 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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