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Lancaster Road, London SE25

London

£650,000
Listed on 19/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1184 sqft

Description

This three-bedroom residence offers a unique opportunity for those looking to invest in a property with significant renovation potential. Situated on a generous corner plot directly across from the serene South Norwood Lakes, the home provides an appealing backdrop while presenting possibilities for expansion and personalization. With potential to extend in various directions, including upwards into the loft (subject to necessary planning approval), this property can be transformed into a customized living space tailored to your needs. The layout features off-street parking and a private entrance that leads to a garage area at the rear of the house. The substantial garden includes a large workshop, ideal for DIY projects or hobbies, along with ample outdoor space for relaxation or entertaining guests. While this home may require some modernization, its advantageous position overlooking the park ensures a peaceful environment complemented by lovely views. The proximity to green spaces makes it easy to enjoy leisurely walks or casual picnics right outside your door. Inside, the bedrooms are bright and spacious, equipped with adequate storage options to suit contemporary lifestyles. The charming bay windows add warmth and character to the living areas. On the upper level, you’ll find both a bathroom and separate WC that provide functional space waiting for updates from an incoming owner. The reception and dining area offer ample room for family gatherings or social events. Conveniently located near Norwood Junction station, commuting into central London is straightforward and efficient. This location is also ideal for families, given its close proximity to reputable schools such as James Dixon Primary School and Harris Academy South Norwood. Overall, this property not only presents an inviting living space but also serves as a canvas for creating your ideal home while benefiting from its prime location.

Investment Analysis

(N4 area)

Below Market Value

This property is priced -31.4% below area average per sq ft

-31.4%
Potential saving
This Property
£549/sq ft
Area Average
£800/sq ft
Avg Rent (weekly)
£561
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£1,042,441
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
Monthly Sales
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (N4)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 1.9%
5 year growth: 7.3%
Investment Disclaimer: Analysis based on N4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Lancaster Road, London SE25
Map showing location of Lancaster Road, London SE25
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