There are some fantastic locations south of the River Thames in London. In the past it was the least popular part of the city, with most people favouring locations on the other side. There have been steady changes in the last few decades though, and now areas like Lewisham have many fans. We want to look at the most lucrative and most affordable streets here today. Then, if you invest and want guaranteed rent in Lewisham, you can come to us.

A great location

Before we look at individual streets though, let’s give the area the praise it deserves. Lewisham has a lot going for it. For starters, it has really good transport connections. There are stations across the borough so you can easily get a train. There is even a DLR stop in Lewisham itself so travelling to Canary Wharf is simple.

Lewisham is also a very green borough with some beautiful award winning parks. If you like spending time outside, it is a fantastic part of London. Highlights include Beckenham Place Park, Deptford Park, and Black Heath.

This is a particularly great area for families. There are good schools across the borough. Plus there is a nice supply of large family size housing, especially as you get further south.

Another noteworthy thing is the area has a really great history. It has a number of historic villages. In the 17th and 18th century there were numerous large mansions. Development in the 19th century brought new suburban housing estates and commercial centres. Horniman Museum is a must visit. It dates back to 1898 and has a focus on natural history, anthropology, and music. There is plenty to see and stunning gardens too.

The streets

Now let’s move on to look at the specific streets. This can give you an idea of where to look to invest. You can then rely on us if you want guaranteed rent in Lewisham.

Overall, Lewisham is an area with good affordability. According to HM Land Registry figures, the average house price in July was £567,684. That is just slightly ahead of the figure for London as a whole (£528,000 in June 2023 according to ONA data).

While overall it has an attractive average price, there is a big difference if you compare most lucrative streets and the most affordable ones. At the top, the average value can be over £1.5m. However, at the other end it can be under £200,000.

According to the figures, the title of most valuable streets goes to Handen Road. It is in Lee Green, close to Manor House Gardens, transport links, and local amenities. As a result, the average cost from six sales in the last five years is £1,532,083.

Not far behind at the top of the table is Pepys Road in Deptford. It is also close to local stations to ensure an easy commute to Central London. There are good schools nearby as well as the amenities of Raynes Park and Wimbledon. The average price with three sales in the past five years is £1,510,238.

If you’re looking for the most affordable spots in Lewisham, there are some where your money can go a long way. The Nara Building has the title of cheapest. The apartment building is in a really good location off Conington Road. With three sales in the last five years, the average is just £129,833.

There are several other options below the £200,000 mark too. This includes the Oregon Building SE13 7RR (£145,000 from three sales), Bentley Court SE13 7US (£191,875 from eight sales), and Blair Court SE6 1LD (£193,350 from four sales).

Do you want to arrange guaranteed rent in Lewisham?

As you can see, there is a big difference in price if you compare the most lucrative and most affordable streets in Lewisham. It gives investors a lot to think about. However, this is a popular borough with high demand for many areas. So, it can be a good place to invest.

If you do commit to buying assets in the area, you can also rely on us. We specialise in rent guarantees. They mean you don’t have any of the concerns of private landlords. Instead, you will get stable income month after month.

You can contact us if you want to learn more about guaranteed rent in Lewisham and other parts of London. We’re here to answer questions and give you any details you need. Then, we can set everything up for you.