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1a, Edge Hill, Plumstead, SE18  - Image 1
1a, Edge Hill, Plumstead, SE18  - Image 2
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1a, Edge Hill, Plumstead, SE18  - Image 11

1a, Edge Hill, Plumstead, SE18

London

£525,000
Listed on 18/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This Victorian property offers a unique opportunity for renovation and investment, showcasing a versatile three-floor layout that currently accommodates both residential and commercial uses. The ground floor features a spacious retail unit with prominent street visibility, making it an attractive prospect for various business ventures. Above, you will find a generously sized two-bedroom split-level flat with its own private entrance, providing a separate living space that could be further enhanced. The building is in overall good condition, benefiting from modern conveniences such as double glazing and gas central heating. A private yard at the rear adds to the outdoor space available, which could also be transformed into additional functional areas with the right vision. For those interested in development potential, this freehold property presents exciting possibilities. With appropriate planning permissions, there is considerable scope to expand the existing structure—such as adding a double-storey extension—and to convert the ground floor commercial space into residential units. This could potentially create three self-contained units within one property. Situated just a short walk from Woolwich town center, the location is well-connected by public transport options including the Elizabeth Line, DLR, and mainline rail services. The proximity to local amenities on Herbert Road further enhances its appeal for future tenants or buyers and positions it in a high-demand area for investment. In summary, this property combines character and practical utility while presenting excellent potential for developers and investors alike looking to capitalize on its multifaceted opportunities.

Investment Analysis

(SE18 area)
Area Average
£520/sq ft
Avg Rent (weekly)
£465
Avg Yield
5.7%

Renovation Potential

Est. Renovation Cost
£52,500 - £131,250
10-25% of property value
Monthly Sales
41
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.8%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on SE18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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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