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Algernon Road, Lewisham, London SE13 - Image 1
Algernon Road, Lewisham, London SE13 - Image 2
Algernon Road, Lewisham, London SE13 - Image 3

Algernon Road, Lewisham, London SE13

London

£1,000,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
2110 sqft

Description

This three-storey period residence, nestled within the desirable Ladywell Conservation area, presents an opportunity for those looking to invest in a property with substantial potential. Spanning approximately 2110 sqft, this home features a lower ground level that was excavated over three decades ago, creating a spacious open-plan living area ideal for entertaining, complete with a well-equipped kitchen featuring a large range cooker and ample worktop space. The bi-folding doors at the rear of the property lead to a landscaped garden, further enhancing usable outdoor space. The ground floor provides a traditional reception room that could easily function as an extra bedroom along with two additional double bedrooms and a family bathroom. Ascending to the first floor reveals three more double bedrooms and another bathroom suite, alongside a utility room currently utilized for rental income but could easily be transformed into a modern home office. While the home retains some original features like cast iron fireplaces, it offers opportunities for modernization in line with personal tastes. Featuring essentials such as double glazing and gas central heating, as well as updated electrics and residents parking, this property also has potential for extension (subject to planning permission). Located near Ladywell Village with its array of cafes and shops, close proximity to Hilly Fields park and convenient transport links to central London make this residence not just a home but an investment in future growth.

Investment Analysis

(SE13 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£474/sq ft
Area Average
£589/sq ft
Avg Rent (weekly)
£409
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,366,257
10% above area average per sq ft
Potential ROI
+26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE13)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 2.0%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on SE13 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

Algernon Road, Lewisham, London SE13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £750,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE