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Chestnut Rise, Plumstead, London SE18 1RJ - Image 1
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Chestnut Rise, Plumstead, London SE18 1RJ - Image 3
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Chestnut Rise, Plumstead, London SE18 1RJ - Image 11

Chestnut Rise, Plumstead, London SE18 1RJ

London

£700,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1522 sqft

Description

Located on the sought-after Chestnut Rise, this Victorian family residence spans approximately 1533 sq ft and retains much of its original charm while presenting a canvas ripe for renovation. The striking red-brick exterior, complete with bay windows and an elegant entrance, hints at the property's historical significance and aesthetic appeal. Inside, the ground floor opens with a spacious Reception Room that features high ceilings adorned with cornicing and a traditional fireplace, providing a warm setting for gatherings. This invites you into a large Lounge/Diner filled with daylight from expansive windows, ideal for both relaxation and entertaining. At the rear, the Kitchen/Breakfast Room offers a functional layout with existing units and appliances but could benefit from modernisation to enhance usability. An adjacent pantry and Utility Room are practical assets, while an additional Bedroom provides versatile options for use as guest accommodation or a home office. The first floor continues to showcase generous living spaces with a Master Bedroom accompanied by three further double Bedrooms that can be refreshed to suit your needs. A family Bathroom and separate WC add convenience, and the sizeable loft space presents an opportunity for further expansion (subject to obtaining necessary planning permissions). The outdoor area boasts a large rear garden measuring around 110 x 50 ft. This green space is currently lawned and offers considerable potential for landscaping projects or creating an outdoor living area. Situated in Plumstead, SE18—a community-rich area known for its Victorian homes—this property is well-located near local amenities, highly regarded schools, and green spaces. Accessibility to transportation links including Plumstead and Woolwich Arsenal stations ensures direct routes to Central London and Canary Wharf are just minutes away. This Victorian home is not just about maintaining its grandeur; it’s also about unlocking its potential through thoughtful updates—ideal for those looking to invest in a property they can truly make their own.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -11.9% below area average per sq ft

-11.9%
Potential saving
This Property
£460/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£874,184
10% above area average per sq ft
Potential ROI
+10.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.9%
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

Chestnut Rise, Plumstead, London SE18 1RJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE