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Rochester Way, Blackheath, London, SE3 - Image 1
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Rochester Way, Blackheath, London, SE3

London

£675,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1174 sqft

Description

This enduring semi-detached home, dating back to the 1930s, presents a significant opportunity for those interested in renovation and investment in the desirable Blackheath area. Featuring three well-proportioned bedrooms and two reception areas, this property currently provides a functional living space but is primed for comprehensive modernisation. The spacious layout and traditional design elements of this house offer an appealing foundation for upgrades and personalisation. With its generous footprint, an attached garage, and an expansive rear garden, there is ample potential for extensions or redevelopment, pending necessary planning approvals. Numerous neighbouring properties have successfully undertaken such projects, showcasing the possibilities that await. Conveniently located near transport links, reputable schools, and local amenities in Blackheath, this property is a compelling prospect for investors or families looking to craft their ideal home within a sought-after SE3 locale.

Investment Analysis

(SE3 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£575/sq ft
Area Average
£636/sq ft
Avg Rent (weekly)
£503
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£820,878
10% above area average per sq ft
Potential ROI
+7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (SE3)

Area prices are rising by +7.7% over the last 12 months
3 year growth: +12.4%
5 year growth: +11.4%
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

Rochester Way, Blackheath, London, SE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,550
Based on a loan of £506,250 over 30 years at 4.45% 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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