Worst House on the Street Logo
Lennard Road, Penge, London SE20 - Image 1
Lennard Road, Penge, London SE20 - Image 2
Lennard Road, Penge, London SE20 - Image 3

Lennard Road, Penge, London SE20

London

£760,000
Listed on 25/02/2026

Property Details

Bedrooms
6
Type
Semi-detached house
Area
2444 sqft

Description

This six-bedroom Victorian property, offered with no onward chain, presents a rare chance for comprehensive refurbishment. With its spacious layout and period features, there's ample opportunity to enhance and modernize the home, making it an ideal investment for those looking to restore a classic property in a desirable location. Situated near Penge East station and Cator Park, this home not only promises significant potential for value increase but also convenient transport links. The purchase process involves a Modern Method of Auction, allowing completion within a defined timeframe while ensuring clarity through the Buyer Information Pack. Prospective buyers should consider engaging with mortgage lenders prior to bidding and be aware of associated costs like the reservation fee.

Investment Analysis

(SE20 area)

Below Market Value

This property is priced -42.4% below area average per sq ft

-42.4%
Potential saving
This Property
£311/sq ft
Area Average
£540/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,452,543
10% above area average per sq ft
Potential ROI
+65.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SE20)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +9.0%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on SE20 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

Lennard Road, Penge, London SE20
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,741
Based on a loan of £570,000 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.