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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 18/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1938 sqft

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)

Below Market Value

This property is priced -48.1% below area average per sq ft

-48.1%
Potential saving
This Property
£271/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£1,113,119
10% above area average per sq ft
Potential ROI
+102.4%
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

1a, Edge Hill, Plumstead, SE18
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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
£1,923
Based on a loan of £393,750 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