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Rochester Way, Blackheath SE3 - Image 1
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Rochester Way, Blackheath SE3

London

£800,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1233 sqft

Description

This three-bedroom semi-detached house presents a noteworthy opportunity for buyers interested in renovation and investment potential. Located in the desirable area of Blackheath, Greater London, the property offers a solid structure that can be transformed into an ideal family home or rental investment. The interior includes an entrance hallway, lounge, dining room, and kitchen on the ground floor, while the upper level features three bedrooms along with a family bathroom. The property benefits from a driveway and front garden, alongside a garage conveniently positioned to the side. A spacious rear garden provides ample outdoor space that could be landscaped or developed further. Situated within a well-connected residential neighborhood, residents enjoy easy access to local amenities including shops, schools, restaurants, and cafes. Kidbrooke Train Station is just a short distance away, enhancing transport links to Central London, London City Airport, and the M25 Motorway—making this location particularly attractive for commuters. As a chain-free sale with potential for extension (subject to planning permission), this property is especially well-suited for first-time buyers looking to add value through renovations. Investors may recognize the growth prospects inherent in this area as housing demand continues to rise. This property stands as a canvas ready for personalization and development in one of Greater London’s thriving locales.

Investment Analysis

(SE3 area)

Above Market Value

This property is priced +1.7% above area average per sq ft

+1.7%
This Property
£649/sq ft
Area Average
£638/sq ft
Avg Rent (weekly)
£515
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£80,000 - £200,000
10-25% of property value
Target Value
£865,523
10% above area average per sq ft
Potential ROI
-13.4%
After renovation
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SE3)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -6.0%
5 year growth: 0.9%
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

Rochester Way, Blackheath SE3
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