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Milborough Crescent, Lee SE12

London

£575,000
Listed on 02/05/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
968 sqft

Description

This three-bedroom end of terrace home, dating back to the 1930s, presents a solid investment opportunity in a sought-after location, just half a mile from Lee and Hither Green train stations. The property features an entrance hall leading into a spacious through lounge, a fitted kitchen, three bedrooms, a bathroom alongside a separate WC. Additional amenities include a side garage and a south-westerly facing rear garden that offers potential for outdoor enhancements. With easy access to regular train services towards central London and close proximity to Blackheath Village and Lewisham Town Centre, this home is well-placed for commuters. The neighbourhood boasts various shops, cafés, and highly-rated schools as ranked by Ofsted, along with ample green spaces in nearby parks like Manor House Gardens. This property represents an ideal canvas for renovation or expansion to suit modern living needs.

Investment Analysis

(SE12 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£594/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£426
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£553,802
10% above area average per sq ft
Potential ROI
-11.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE12)

Area prices are rising by +7.3% over the last 12 months
3 year growth: +3.0%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on SE12 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

Milborough Crescent, Lee SE12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,051
Based on a loan of £431,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-7.3% since listed
£575,000£24,950(-4.2%)
17/04/2026
Current price
£599,950£20,050(-3.2%)
08/01/2026
£620,000Initial listing
14/12/2025

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