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1a, Edge Hill, Plumstead, SE18 - Image 1
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1a, Edge Hill, Plumstead, SE18

London

£525,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1938 sqft

Description

This versatile Victorian property spans three levels and offers a unique investment opportunity, featuring both residential and commercial spaces. The ground floor is occupied by a generously sized retail unit with prominent street visibility, while the upper floors comprise a spacious two-bedroom split-level flat, which has its own separate entrance. Although the property is currently in good condition, it holds considerable potential for enhancement. With the advantage of double glazing and gas central heating, it is well-equipped for modern living. Notably, there is scope to expand the living space at the rear through a double-storey extension (subject to planning permission), as well as the possibility of converting the ground floor commercial space into additional residential units. This could transform the building into three self-contained homes. Located just moments from Woolwich town centre and easily accessible via multiple transport links including Elizabeth Line, DLR, and mainline services, this property combines character with promising long-term investment potential in a highly sought-after area.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -47.8% below area average per sq ft

-47.8%
Potential saving
This Property
£271/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£455
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£1,105,338
10% above area average per sq ft
Potential ROI
+88.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -2.7%
5 year growth: +12.8%
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

1a, Edge Hill, Plumstead, SE18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,893
Based on a loan of £393,750 over 30 years at 4.06% 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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