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Kidbrooke Park Road, Blackheath, London SE3 - Image 8
Kidbrooke Park Road, Blackheath, London SE3 - Image 9
Kidbrooke Park Road, Blackheath, London SE3 - Image 10
Kidbrooke Park Road, Blackheath, London SE3 - Image 11

Kidbrooke Park Road, Blackheath, London SE3

London

£450,000
Listed on 14/09/2025

Property Details

Bedrooms
2
Type
Flat
Area
835 sqft

Description

This top-floor period conversion presents an appealing opportunity for those looking to invest in a property with significant renovation potential. With a share of freehold, this flat is being offered chain-free and includes off-street parking as well as access to a beautiful west-facing communal garden. Occupying the entire upper level of a striking Victorian building, the flat covers over 835 sq. ft. and currently functions as a one-and-a-half-bedroom residence. The main bedroom is spacious, complemented by an adjoining room that could serve various purposes—ranging from a dressing area to a study, or even be transformed into a second bedroom. There’s ample scope to reconfigure the layout into a more traditional two-bedroom setup, and opportunities exist to explore the addition of a second bathroom, pending necessary approvals. The reception area stands out for its generous proportions and abundant natural light, thanks to large windows. It offers plenty of space for creating both stylish living and dining zones, while bespoke built-in storage adds functionality. The kitchen and bathroom are in need of updates, making this an ideal blank canvas for those eager to personalize the space and enhance its value. Located on Kidbrooke Park Road, this property benefits from proximity to various amenities and transport options. Just 515 meters from the expansive heathland, it is also conveniently situated near the recently rebuilt Kidbrooke Mainline station—a mere 14 minutes away from London Bridge—and within 0.75 miles of Blackheath Village's boutique shops, restaurants, and bars. Local bus routes provide easy access to North Greenwich for Jubilee line services, as well as connections to the DLR and riverboat services. Beyond transportation links, the neighborhood is only minutes from Canary Wharf and Central London, making it increasingly attractive to young professionals and commuters alike. Nearby attractions include the O2 arena and Royal Greenwich Park (approximately 0.58 miles away), along with historic sites such as the National Maritime Museum and Cutty Sark in Greenwich town center. With 950 years remaining on the lease and reasonable service charges, this property not only holds immediate charm but also long-term investment potential in a sought-after location.

Investment Analysis

(SE3 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£539/sq ft
Area Average
£639/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£586,784
10% above area average per sq ft
Potential ROI
+4.3%
After renovation
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SE3)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -4.7%
5 year growth: 1.3%
Investment Disclaimer: Analysis based on SE3 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

Kidbrooke Park Road, Blackheath, London SE3
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