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Lyndhurst Way, Peckham, London, SE15 - Image 1
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Lyndhurst Way, Peckham, London, SE15

London

£850,000

Listed on 06/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1153 sqft

Description

This three-bedroom period house on Lyndhurst Way presents a substantial refurbishment opportunity, ideal for those looking to create a spacious and characterful home. Retaining attractive period features such as sash windows, fireplaces, high ceilings, decorative cornicing, and original-style doors, the property offers a solid foundation for reconfiguration and modernisation. The ground floor features a generous front reception room, characterized by dark grey walls and a feature fireplace with a tiled surround. Large sash windows flood the space with natural light, enhancing the original architectural details that provide an excellent starting point for refurbishment. At the rear, a separate kitchen is fitted with light wood-effect units and integrated appliances, offering potential for a new layout and finish as part of the renovation process. The upper floors accommodate three bedrooms, two of which are well-proportioned with large sash windows, retaining feature fireplaces and exposed timber shelving. The principal bedroom boasts a particularly spacious feel, while the back bedroom offers flexibility for children, guests, or home working. The bathroom, currently equipped with a bath, WC, and wash hand basin, features white wall tiling with a contrasting decorative border, and like the rest of the house, it would benefit from updating. The property includes a good-sized garden with mature trees and established planting, providing a useful degree of privacy. There is considerable scope to landscape and redesign this outdoor space to create a more functional garden. This property requires comprehensive refurbishment, with visible cracking internally that will necessitate further investigation and appropriate remedial works. It is best suited to buyers seeking a genuine project. However, the combination of period features, spacious proportions, three-bedroom layout, and rear garden offers ample potential to create a substantial home.

WHOTS analysis

Our WHOTS verdict

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

42out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom period terraced house on Lyndhurst Way presents a significant refurbishment opportunity, boasting attractive period features like sash windows, fireplaces, and high ceilings. The layout provides a solid foundation for reconfiguration, allowing for a modern twist on a traditional home. While the property is currently dated, with visible wear in the living areas and bedrooms, it retains character that can be enhanced through thoughtful renovation.

However, the asking price of £850,000 translates to £737/sqf, which is above the local average of £685/sqf, suggesting limited value at this level. The overall renovation budget of £150,000 to £200,000 adds to the costs, making the total investment potentially exceed local benchmarks for the area. As such, the economics appear stretched, presenting a challenge for those looking to realise a profitable return on investment. Buyers should be prepared for a comprehensive overhaul, as visible cracking and dated finishes throughout indicate the need for significant work.

Key opportunities

  • Retain and enhance period features such as high ceilings and fireplaces, creating a blend of modern comfort and historic charm.
  • Reconfigure the existing layout to open up spaces and improve functionality, particularly in the kitchen and living areas.
  • Transform the overgrown garden into a landscaped outdoor space, adding significant appeal to the home.

Key risks

  • Stripped interiors and a £150,000–£200,000 works budget make this a full-gut programme, requiring substantial investment and time.
  • Budget around £1,000,000 before you finish, with refurbishment in the region of £150,000 — roughly 21% above what comparable floor area achieves locally in current condition; post-works value sits outside our data.

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Map

Location

Lyndhurst Way, Peckham, London, SE15
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Finance

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

£
£
£
%
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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.

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