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Sheringham Road, London, SE20

London

£550,000

Listed on 28/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
915 sqft

Description

This three-bedroom mid-terrace house offers substantial potential for renovation and expansion, located near a highly regarded primary school. The property features a good-sized rear garden and presents clear opportunities to extend, both loft-wise and to the back of the house, pending necessary permissions, especially given that a neighboring property has already realized such enhancements. The ground floor layout is functional, comprising a front reception room that boasts ample light through its wide window, soft neutral décor, fitted carpets, and a charming fireplace serving as a focal point. This space is practical for daily family life. At the rear lies the kitchen/dining room—ideal for family gatherings—with enough room for a sizeable dining table and sliding doors that connect directly with the garden. The kitchen is designed in a U-shape with white cabinetry and grey tiled splashbacks; it’s tidy and usable as is while allowing ample scope for future remodeling. Upstairs comprises three bedrooms along with a family bathroom. The two larger bedrooms provide excellent natural light, with one featuring fitted wardrobes and another with lovely garden views alongside its own fireplace. The single bedroom can be adapted to suit various needs such as a nursery or home office. The modern bathroom showcases stylish grey tiles and incorporates contemporary amenities like a heated towel rail and glass shower screen above the bath. The outdoor space includes an inviting decked terrace leading onto lawned areas enriched by mature planting—a private oasis perfect for summer enjoyment. Given its west-facing aspect, this garden benefits from sunlight throughout much of the day. While currently functioning well as a family home, there’s undeniable value in extending both upwards into the loft or outwards at the rear to enhance living space even further. Local amenities are plentiful with good transport links via Birkbeck Station nearby, ensuring connectivity to central London. A strong appeal remains due to excellent education options within walking distance which will likely maintain property values here.

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Investment analysis

(SE20 area)

Above Market Value

This property is priced +10.0% above area average per sq ft

+10.0%
This Property
£601/sq ft
Area Average
£546/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£549,952
10% above area average per sq ft
Potential ROI
-9.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SE20)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +5.0%
5 year growth: +3.4%
Investment Disclaimer: Analysis based on SE20 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

Sheringham Road, London, SE20
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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
£2,078
Based on a loan of £412,500 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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