3-bedroom terraced house · SE24 0JB
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on a classic Victorian terrace in Herne Hill, this handsome three bedroom house pairs period character with a beautifully finished rear extension, plus a loft with potential to convert (STPP).
A tiled path leads into a welcoming entrance hallway with elegant wall panelling, understairs storage and a guest WC.
To the front, the double reception has been opened through to create one long, flowing space, with a bay window pouring in light, a fireplace at each end and fitted alcove shelving giving the room a calm, considered feel.
The reception opens directly into the kitchen, the real showpiece of the house.
Light floods in through the glazed roof of the side return, falling across a striking exposed brick wall lined with open shelving.
A generous island with hob and breakfast bar seating sits at its centre, alongside sleek cabinetry, a wine cooler, herringbone flooring and a dining area.
Double doors open onto a low maintenance garden with a paved terrace and lawn. Upstairs, the split landing leads to three bedrooms and the family bathroom.
The principal bedroom sits to the front with a feature fireplace and fitted wardrobes, the second also enjoys a fireplace and built in storage, and the third currently works well as a study.
The bathroom features deep green walls, patterned tiled flooring, a freestanding bath and a separate shower.
With scope to extend into the loft (STPP), this is a home with seamless flow today and room to grow tomorrow.
Milkwood Road sits between Herne Hill and Loughborough Junction, among terraces built in the 1870s as part of the Milkwood Estate.
Herne Hill station offers fast links to Victoria and Blackfriars, with Loughborough Junction and Brixton’s Victoria line also close by.
Herne Hill village brings independent cafés, restaurants and boutiques plus its popular Sunday market.
Brockwell Park and its Lido are a short stroll away, Milkwood Community Park is closer still, and Jessop Primary School, rated Outstanding, is just around the corner.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Milkwood Road, London
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