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Micheldever Road, Lee, London SE12 - Image 1
Micheldever Road, Lee, London SE12 - Image 2
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Micheldever Road, Lee, London SE12

London

£1,500,000
Listed on 11/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1706 sqft

Description

This charming four-bedroom Victorian home, spanning approximately 1,706 sq.ft, is situated on a prime road in the Lee Conservation Area. The property features an impressive array of original architectural details, such as intricate cornicing and stained glass, lending it a substantial character that modern estates often lack. Upon entering, the spacious hallway leads to a bay-fronted reception room with a classic fireplace and an expansive family room that extends across the back of the house. This second reception is perfect for entertaining, with full-height French doors connecting to a raised deck—ideal for summer gatherings. The kitchen adjoins a breakfast area, providing practicality for daily living, while the additional cloakroom and cellar enhance functionality. Upstairs are four well-sized bedrooms served by a family bathroom with both a bath and separate walk-in shower. The property holds significant renovation potential; there is ample opportunity to convert the large loft space (subject to appropriate permissions) and extend the ground floor further into the garden, potentially expanding the kitchen area to meet contemporary family needs. Outside, enjoy driveway parking behind wooden gates and a rear garden that offers privacy and green space for relaxation or children's play. Located within walking distance of local amenities including shops and restaurants in Hither Green as well as access to excellent schools, this home provides not just a comfortable residence but also an investment opportunity ripe for enhancement.

Investment Analysis

(SE12 area)

Above Market Value

This property is priced +67.8% above area average per sq ft

+67.8%
This Property
£879/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£409
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£983,526
10% above area average per sq ft
Potential ROI
-38.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE12)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +4.5%
5 year growth: +11.5%
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

Micheldever Road, Lee, London SE12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£5,313
Based on a loan of £1,125,000 over 30 years at 3.91% 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

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