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Spencer Gardens, Eltham, London, SE9 - Image 1
Spencer Gardens, Eltham, London, SE9 - Image 2
Spencer Gardens, Eltham, London, SE9 - Image 3

Spencer Gardens, Eltham, London, SE9

London

£850,000

Listed on 21/09/2026

The listing

Property details

Bedrooms
4
Type
Semi Detached
Area
1684 sqft

Description

This substantial Edwardian Page house exudes charm and character, presenting an excellent opportunity for those looking to create a remarkable family home. With a generous footprint, the property features four spacious bedrooms on the first floor, complemented by two large reception rooms, a separate breakfast room, and a kitchen. The high ceilings and original period features throughout add to the property's unique character. The potential for transformation is significant, with possibilities for both a loft conversion and rear extension, subject to the necessary consents. This would allow for an increase in living space, catering perfectly to modern family life. The semi-detached layout enhances the feeling of space and privacy, while the distinctive Edwardian architecture contributes to the property's appeal. Conveniently located, Eltham Station is just a short walk away, making this home ideal for commuters. Eltham High Street, with its array of shops, cafés, and restaurants, is also within easy reach. This property offers a rare chance to secure a substantial period home with fantastic bones, well presented yet brimming with potential in one of Eltham's most desirable locations.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

43out of 100
Grade ELow opportunity

Confidence: MEDIUM

This Edwardian semi-detached house presents an exciting renovation opportunity in a highly convenient location. While the asking price of £850,000 is slightly above the local average at £505/sqf compared to £493/sqf, it still offers substantial potential for value creation. The property is spacious, with four bedrooms and appealing period features, and shows well overall, although some cosmetic updates will be necessary.

The medium-scale project allows for personalisation and enhancements, including the possibility of a loft conversion and rear extension, which could significantly increase living space. However, the all-in costs, combining purchase and renovation, appear tight against local benchmarks, suggesting a careful approach to budgeting is essential. With the right vision, this home could be transformed into an outstanding family residence, capturing both charm and modern functionality.

Key opportunities

  • Spacious layout with four bedrooms and generous reception areas.
  • Potential for significant improvements through a loft conversion and rear extension.
  • Retain and enhance original period features to increase charm and value.

Key risks

  • Overall renovation costs may exceed local benchmarks, requiring careful budgeting.
  • Potential damp issues or cosmetic wear in several areas need addressing.

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Map

Location

Spencer Gardens, Eltham, London, SE9
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,211
Based on a loan of £637,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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