Auction

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Auction

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3 bed house for sale Penrose Street, London, SE17

Guide Price

£650,000

Added on 18/10/2026

For sale by auction

Type: Semi-detached
Bedrooms: 3
Bathrooms: 1
Size: £585 per sq ft
Tenure: Freehold

Key features

Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Own Driveway
No Onward Chain
Requires Complete Renovation
Semi Detached Period House
Three Double Bedrooms

About this property

A rare opportunity to acquire this three double bedroom semi detached period freehold house, in need complete renovation and with the potential for extension, subject to the usual consents. Available for sale with no onward chain, the property represents a fantastic opportunity for someone to put their own mark on their home and also benefits from its own driveway providing off street parking.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,312
Band B

£1,530
Band C

£1,749
Band D

£1,967
Band E

£2,404
Band F

£2,842
Band G

£3,279
Band H

£3,935

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Southwark, 2026/27 bills run from £1,312 a year in band A to £3,935 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southwark, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home (approx.)

£585 / sq ft

Area average (sold)

£703 / sq ft

Price per area, sold homes nearby

£489 / sq ft

£585 / sq ft

£909 / sq ft

Lowest

This home

Highest

About £585 per sq ft, below the middle of recent sales in SE17 (£489–£909, 10th–90th percentile, 402 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 402 homes sold in SE17 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in SE17 →

Location

Penrose Street, London, SE17

Open map Street View

Mortgage and stamp duty

Property price £650,000

£325k £975k

Deposit10% £65,000

£0 £650k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £585,000 mortgage. Most lenders would want a household income of about £130,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
43, Penrose Street Terraced	Terraced	Mar 2025	1,130 sq ft £637/sq ft	1,130 sq ft	£637	£720,000
35, Penrose Street Semi-detached	Semi-detached	Oct 2022	1,044 sq ft £551/sq ft	1,044 sq ft	£551	£575,000
50b, Penrose Street Flat / maisonette	Flat / maisonette	Jan 2012	753 sq ft £358/sq ft	753 sq ft	£358	£270,000
36 - 38, Penrose Street Detached	Detached	Feb 2008	n/a	n/a	n/a	£550,000
33, Penrose Street Terraced	Terraced	Oct 2006	n/a	n/a	n/a	£610,000
50b, Penrose Street Flat / maisonette	Flat / maisonette	Jul 2004	753 sq ft £252/sq ft	753 sq ft	£252	£190,000
43, Penrose Street Terraced	Terraced	Jun 2004	1,130 sq ft £258/sq ft	1,130 sq ft	£258	£292,000
39, Penrose Street Terraced	Terraced	Jul 2003	n/a	n/a	n/a	£285,000