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Elverson Road, London, SE8

London

£550,000

Listed on 29/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
758 sqft

Description

Nestled behind a classic Victorian exterior, this two-bedroom house presents a unique opportunity for an ambitious renovation. With its blank canvas layout, this property allows you to design a living space that mirrors your personal style and preferences. Imagine transforming the kitchen into a bright and airy hub that flows seamlessly into the garden, or envisioning a spacious principal suite via a loft conversion. The home is ripe for modernisation, offering ample opportunity for potential expansions such as side return and two-storey rear extensions, all contingent upon necessary planning permissions. A comprehensive overhaul is needed throughout, making this property perfect for someone eager to imprint their vision on every corner. Located in the desirable Deptford area and available without a chain, this home is an excellent investment for those willing to undertake the project of crafting a beautiful residence tailored to contemporary living. Additionally, with convenient transport links just moments away and serene parks nearby, it embodies both potential and lifestyle benefits.

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Investment analysis

(SE8 area)

Above Market Value

This property is priced +16.4% above area average per sq ft

+16.4%
This Property
£726/sq ft
Area Average
£623/sq ft
Avg Rent (weekly)
£492
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£519,582
10% above area average per sq ft
Potential ROI
-20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SE8)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -4.2%
5 year growth: -4.5%
Investment Disclaimer: Analysis based on SE8 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

Elverson Road, London, SE8
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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

Next Steps

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