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Mayall Road, London, SE24

London

£900,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1525 sqft

Description

This substantial freehold house, spanning approximately 1,524 square feet, is located on a desirable residential street in London. Currently utilized as a rental property, it provides an ideal foundation for modernization and investment potential. The existing layout boasts a large separate kitchen, a spacious double reception-dining room, and a family bathroom complemented by an additional separate WC, making it suitable for larger families or groups. A standout feature is the generous private rear garden, offering outdoor space that is not commonly found in this area. With the appropriate planning permissions, there is ample opportunity to extend and reconfigure the living areas to create a more expansive family home while enhancing its market value. The location offers excellent transport links with Brixton and Stockwell Underground Stations nearby, allowing for swift commutes to Central London. The vibrant amenities of Brixton are within reach, featuring various shops, cafes, restaurants, and cultural hotspots that contribute to the area's appeal for residents and tenants alike. Investors will appreciate the potential for attractive rental income—currently estimated at around £3,500 per month—which presents both immediate returns and opportunities for future appreciation. This property represents a rare chance to secure a large freehold home in a well-connected South West London locale with significant scope for improvement and customization.

Investment Analysis

(SE24 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£590/sq ft
Area Average
£793/sq ft
Avg Rent (weekly)
£489
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,330,174
10% above area average per sq ft
Potential ROI
+34.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE24)

Area prices are rising by +12.1% over the last 12 months
3 year growth: +4.0%
5 year growth: +19.8%
Investment Disclaimer: Analysis based on SE24 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

Mayall Road, London, SE24
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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
£3,400
Based on a loan of £675,000 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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