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Garthorne Road, London, SE23

London

£950,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1302 sqft

Description

This delightful Victorian terraced house offers a promising canvas for renovation, featuring three spacious double bedrooms and a west-facing garden that adjoins Garthorne Nature Reserve. Positioned on a peaceful cul-de-sac, the property is ideally located just a short walk from Honor Oak Park station, making it an appealing investment opportunity for those looking to create their dream home. The entrance reveals a charming hallway rich with original character, including amenities like understairs storage. The ground floor comprises a bright double reception room enhanced by high ceilings and period details, which could be beautifully restored to highlight its historical charm. The existing kitchen is functional but requires modernisation and presents the chance for an open-plan redesign that would greatly enhance the living space. A unique feature of the ground floor is the additional reception room that could easily serve various purposes such as a family room or home office, providing flexibility in layout with potential for future reconfiguration. Upstairs hosts three well-sized double bedrooms, each possessing excellent natural light and original features that can be revived with thoughtful renovations. The family bathroom is currently basic yet presents ample opportunity for improvement as well as the possibility of combining it with the adjacent WC to form a larger bathroom. This property not only boasts charming architecture but also significant possibilities for expansion into both the loft space and side return (subject to planning permission). With local amenities and green spaces nearby, this home combines tranquility with urban convenience—making it an excellent option for those looking to invest in a property ripe for transformation.

Investment analysis

(SE23 area)

Above Market Value

This property is priced +18.5% above area average per sq ft

+18.5%
This Property
£730/sq ft
Area Average
£616/sq ft
Avg Rent (weekly)
£459
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£881,591
10% above area average per sq ft
Potential ROI
-15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE23)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +5.6%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on SE23 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

Garthorne Road, London, SE23
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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
£3,589
Based on a loan of £712,500 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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