London, one of the most vibrant cities in the world, is often seen as an expensive place to live. However, with a budget under £1,000,000, there are still many fantastic properties to explore. From Victorian terraces to spacious family homes in prime locations, the market offers a range of choices that combine luxury, practicality, and proximity to key London attractions. Here’s a look at some of the best properties in London under £1,000,000 that might just be your dream home.
1. Detached House in Lee Park, London, SE3
Asking Price: £999,950 (Freehold)
This stunning detached house located just 0.5 miles from Blackheath Village is ideal for those seeking a luxurious yet practical family home. Featuring three spacious double bedrooms and a beautiful private garden, this property offers ample living space for a growing family. The impressive rear extension provides a large kitchen, dining, and family area, making it the perfect space for entertaining guests.
Key Features:
- 3 Double Bedrooms
- Off-Street Parking
- Stunning Private Garden
- Large Rear Extension
- Close to Blackheath Village
- Energy Efficiency Rating: D
This property perfectly blends elegance with practicality, offering a serene lifestyle within a vibrant area of London.
2. End Of Terrace House in The Glebe, London, SE3
Asking Price: £995,000 (Freehold)
Recently refurbished and extended, this end-of-terrace house is a must-see for families looking for properties in London under £1,000,000. With a prime location just five minutes from Blackheath Village, this property boasts a spacious plot with room for further extension, making it an ideal investment for the future. The property is also located within the catchment area of the prestigious John Ball Primary School, perfect for families with young children.
Key Features:
- 3 Bedrooms
- Chain-Free
- Large Plot with Extension Potential
- Quality Kitchen and Bathroom
- John Ball Primary School Catchment
- Energy Efficiency Rating: D
3. End Of Terrace Victorian House on Effingham Road, London, SE12
Guide Price: £975,000 (Freehold)
If period homes are your preference, this Victorian end-of-terrace family home located in the Lee Manor Conservation Area will capture your heart. Boasting three double bedrooms and a 69-foot south-facing garden, this home is filled with charm and character. The kitchen/breakfast room and through lounge provide plenty of space for family living, while the proximity to both Lee and Hither Green train stations ensures excellent connectivity to central London.
Key Features:
- 3 Double Bedrooms
- 69ft South-Facing Garden
- Period Features
- Summerhouse/Office in Garden
- Close to Outstanding Schools
- Energy Efficiency Rating: D
This beautiful Victorian property offers the best of both worlds: classic charm combined with modern-day convenience.
4. Semi-Detached House on Rockbourne Road, London, SE23
Asking Price: £960,000 (Freehold)
Located in the highly desirable area of Forest Hill, this semi-detached Victorian home offers ample space across three storeys. With four bedrooms, off-street parking, and a two-storey garage, the property offers plenty of potential for upgrading or extending, making it a perfect project for those seeking to personalize their space.
Key Features:
- 4 Bedrooms
- No Onward Chain
- Victorian Façade
- Off-Street Parking
- Two-Storey Garage
- Energy Efficiency Rating: E
Set on one of Forest Hill’s most picturesque streets, this property offers an excellent opportunity for those looking to create their perfect family home.
5. Terraced House in Rust Square, London, SE5
Guide Price: £950,000 (Freehold)
Overlooking the beautiful Burgess Park in Camberwell, this four-bedroom Victorian terraced home is perfect for families. With over 1,200 sq ft of living space, this chain-free property offers scope for further extension (STPP) and features a private rear garden, making it ideal for outdoor living. The excellent transport links nearby, including Oval Tube Station and Loughborough Junction, provide easy access to Central London.
Key Features:
- 4 Bedrooms
- 1,238 sq ft of Living Space
- Private Rear Garden
- Scope to Extend
- Chain-Free
- Energy Efficiency Rating: D
This well-appointed family home combines Victorian charm with a fantastic location, making it one of the most sought-after properties in London under £1,000,000.
Why Invest in Properties in London Under £1,000,000?
Despite London’s reputation for expensive real estate, properties under £1,000,000 offer excellent value for money, especially when located in desirable areas like Blackheath, Forest Hill, and Camberwell. These homes not only provide spacious living quarters but are also situated close to schools, parks, and excellent transport links.
Furthermore, with rising property values, investing in these properties could provide strong future returns. Whether you’re looking for a family home or a property with potential for renovation and extension, the London market still has hidden gems waiting to be uncovered.
Conclusion: Find Your Dream Property in London
London’s real estate market offers a wide range of properties for those with a budget under £1,000,000. Whether you’re after a Victorian terrace, a detached family home, or a property with scope for renovation, there are plenty of opportunities to secure your dream home in this iconic city. Explore these options and take the first step toward owning a home in one of London’s most vibrant and well-connected neighborhoods.
Contact us today to arrange viewings and explore the best properties in London under £1,000,000!