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St. Margarets Terrace, Plumstead, London, SE18

London

£425,000
Listed on 14/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
883 sqft

Description

This three-bedroom residence, situated near the tranquil Plumstead Common, is an excellent find for buyers looking to undertake a renovation project. The property showcases ample living space and, while it currently requires comprehensive updating, it offers substantial potential for customization to suit personal tastes or to maximize rental yield. With a traditional layout that features well-proportioned rooms, there are opportunities for reconfiguration and possibly even extensions, pending necessary permissions. Nestled on a peaceful residential street, this home is conveniently close to Woolwich rail services—including the DLR and Thameslink—ensuring smooth access to Central London and beyond. Furthermore, essential amenities, recreational parks, and reputable schools are all within close proximity. The lush green areas of Plumstead Common also provide an appealing backdrop for outdoor leisure. Given its location in the SE18 postcode and the spacious interiors ripe for transformation, this property stands as an appealing refurbishment opportunity in a sought-after area.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£481/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£447
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£506,484
10% above area average per sq ft
Potential ROI
+6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.8%
5 year growth: 12.7%
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

St. Margarets Terrace, Plumstead, London, 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
£1,557
Based on a loan of £318,750 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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