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London, SE13

London

£240,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This chain-free two-bedroom ground floor flat presents a valuable investment opportunity, ideally located just a short stroll from Ladywell Train Station. The property features a double bedroom and a single bedroom, alongside a separate living room and kitchen, as well as a bathroom with WC. With its proximity to local amenities and easy access to the Lewisham shopping centre, it is well-placed for both convenience and lifestyle. Notably, this flat includes an allocated off-street parking space and access to communal garden areas. The interior is functional but requires modernisation throughout, making it an ideal candidate for refurbishment. Furthermore, the lease has a limited duration of 60 years, suggesting potential buyers may want to consider lease extension options as part of their renovation plans.

Investment Analysis

(SE13 area)
Area Average
£591/sq ft
Avg Rent (weekly)
£411
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
9%
Properties sold annually

Local Market Trend (SE13)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +2.1%
5 year growth: +3.4%
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

London, SE13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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