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Eltham Palace Road, Eltham, SE9 - Image 1
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Eltham Palace Road, Eltham, SE9

London

£425,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
754 sqft

Description

This terraced property on Eltham Palace Road presents a significant opportunity for transformation, particularly appealing to first-time buyers and investors. The home features two spacious double bedrooms and a large reception room that can be reconfigured to enhance flow and functionality. The fitted kitchen, while serviceable, could benefit from modern updates, and the family bathroom along with a convenient downstairs w/c offers potential for refurbishment to elevate the overall living experience. The sizable rear garden comes with an outbuilding, which could be converted into a useful workspace or studio, adding further value. Additionally, there is ample on-street parking and the possibility of extending the property at the back (subject to planning permissions), allowing future owners to capitalize on this space. Located within walking distance of Eltham High Street's shops and amenities, along with excellent public transport options at nearby Mottingham and Eltham stations, this property stands in an advantageous position for both residential comfort and long-term investment growth. Families will also appreciate being within reach of reputable schools and nurseries in the area.

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Investment analysis

(SE9 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£564/sq ft
Area Average
£493/sq ft
Avg Rent (weekly)
£469
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£408,480
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SE9)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +3.6%
5 year growth: +11.3%
Investment Disclaimer: Analysis based on SE9 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

Eltham Palace Road, Eltham, SE9
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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
£1,606
Based on a loan of £318,750 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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