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Frankland Close, London, SE16

London

£650,000
Listed on 27/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1132 sqft

Description

This four-bedroom end-of-terrace freehold house presents an exceptional opportunity for those ready to embark on a renovation project. With its spacious dimensions and flexible layout, the property is ideal for families or investors aiming to increase its value. The interior features four generously sized bedrooms, which can easily accommodate a home office or children's spaces. The main living room offers considerable potential to become a welcoming area for relaxation or social gatherings, and both the kitchen and bathroom require modernization, providing an excellent canvas for your design ideas. Located under 500ft from the serene Southwark Park and just 0.6 miles from Bermondsey and Surrey Quays stations, this home combines tranquility with accessibility to central locations like the City and Canary Wharf. The surrounding neighborhood is rich in history and boasts a friendly community vibe with independent shops and cafes nearby. Whether you're looking to craft your ideal family residence from scratch or seeking a solid investment in the desirable SE16 area, this property holds significant potential for transformation. With no chain involved, you can move forward swiftly to capitalize on this rare chance to develop a unique living space in a vibrant location.

Investment Analysis

(SE16 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£574/sq ft
Area Average
£684/sq ft
Avg Rent (weekly)
£547
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£851,094
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE16)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -3.8%
5 year growth: +0.8%
Investment Disclaimer: Analysis based on SE16 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

Frankland Close, London, SE16
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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
£2,344
Based on a loan of £487,500 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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