Worst House on the Street Logo
Melling Street, Plumstead Common, SE18 - Image 1
Melling Street, Plumstead Common, SE18 - Image 2
Melling Street, Plumstead Common, SE18 - Image 3
Melling Street, Plumstead Common, SE18 - Image 4
Melling Street, Plumstead Common, SE18 - Image 5
Melling Street, Plumstead Common, SE18 - Image 6
Melling Street, Plumstead Common, SE18 - Image 7
Melling Street, Plumstead Common, SE18 - Image 8
Melling Street, Plumstead Common, SE18 - Image 9
Melling Street, Plumstead Common, SE18 - Image 10
Melling Street, Plumstead Common, SE18 - Image 11
Melling Street, Plumstead Common, SE18 - Image 12
Melling Street, Plumstead Common, SE18 - Image 13
Melling Street, Plumstead Common, SE18 - Image 14
Melling Street, Plumstead Common, SE18 - Image 15
Melling Street, Plumstead Common, SE18 - Image 16
Melling Street, Plumstead Common, SE18 - Image 17
Melling Street, Plumstead Common, SE18 - Image 18

Melling Street, Plumstead Common, SE18

London

£380,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
963 sqft

Description

This charming two-bedroom Victorian mid-terrace presents a unique opportunity for renovation and investment in a sought-after London location near Plumstead Common. The property retains its character with original features, while also offering scope for modernization to suit contemporary living needs. The open-plan layout on the ground floor provides a spacious living and dining area that could greatly benefit from cosmetic updates, making it ideal for first-time buyers or families looking to make their own mark. The separate kitchen, which accesses a private garden, invites potential enhancements that could transform it into a stylish culinary space. Upstairs, the two double bedrooms are comfortable but may require updating to meet modern expectations, while the family bathroom offers considerable potential for improvement. Furthermore, the loft space presents an exciting opportunity for conversion into an office or additional living space—subject to planning permissions. With an excellent location close to amenities and transport links, this property is ripe for refurbishment and future growth in value.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£395/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£480
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£550,624
10% above area average per sq ft
Potential ROI
+31.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.4%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on SE18 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

Melling Street, Plumstead Common, SE18
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,356
Based on a loan of £285,000 over 30 years at 3.97% 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

Price History

-5.0% since listed
£380,000£20,000(-5.0%)
11/05/2026
Current price
£400,000Initial listing
01/04/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.