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Southwood Road, New Eltham SE9 - Image 1
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Southwood Road, New Eltham SE9

London

£650,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1487 sqft

Description

This spacious family residence, encompassing a total of 1644 sq ft including an outbuilding, presents an excellent opportunity for renovation and investment. Situated conveniently near New Eltham station, the property features distinctive period characteristics with high ceilings and generous room sizes. Inside, it offers two reception areas, a large kitchen/breakfast room, three well-sized bedrooms, and two bathrooms – all of which provide a solid foundation for modern enhancements. The expansive garden includes both a patio and lawn area, making it ideal for outdoor gatherings or children's activities. Additionally, the functional summer house at the end of the garden has potential as a home office or gym. There is off-street parking available for at least two vehicles and further extension possibilities (subject to planning permission). This residence is also strategically positioned near amenities including shops, eateries, and highly rated schools, making it suitable for families looking to invest in a property that allows for future growth.

Investment Analysis

(SE9 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£437/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£441
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£808,854
10% above area average per sq ft
Potential ROI
+13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SE9)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 7.3%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on SE9 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

Southwood Road, New Eltham SE9
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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
£2,381
Based on a loan of £487,500 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