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Milford Close, Abbey Wood ***3D FLOORPLAN & VIDEO AVAILABLE ***

London

£175,000
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
581 sqft

Description

This ground floor maisonette, featuring two bedrooms, presents a valuable opportunity for cash buyers looking to invest in a property with renovation potential. With a manageable layout that includes an entrance hall, a bathroom, and a lounge/diner that opens to a private rear garden, this space can be transformed into a comfortable home. The kitchen offers direct access to the garden, providing an opportunity for outdoor enhancements. Located in a quiet cul-de-sac in Upper Abbey Wood, it is close to local amenities and transport links including the Elizabeth line at Abbey Wood Station, making it attractive for both personal use and rental purposes. Key features include double glazing, gas central heating (untested), and an en bloc garage. However, prospective buyers should be mindful of the existing lease of approximately 40 years and the associated ground rent. This property is perfect for those ready to undertake updates while benefiting from its strategic location near excellent transport connections.

Investment Analysis

(SE2 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£301/sq ft
Area Average
£474/sq ft
Avg Rent (weekly)
£427
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£303,221
10% above area average per sq ft
Potential ROI
+44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (SE2)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +11.2%
5 year growth: +24.0%
Investment Disclaimer: Analysis based on SE2 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

Milford Close, Abbey Wood ***3D FLOORPLAN & VIDEO AVAILABLE ***
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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
£631
Based on a loan of £131,250 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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