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Chestnut Rise, Plumstead, London, SE18 - Image 11

Chestnut Rise, Plumstead, London, SE18

London

£675,000
Listed on 20/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1533 sqft

Description

This substantial Victorian family home in Plumstead offers a unique opportunity for renovation enthusiasts and investors alike. Spanning over 1,533 sq ft, the property features five spacious bedrooms and showcases traditional architectural details such as a striking red brick exterior, classic bay windows, and elegant period elements throughout. The layout includes a generously sized reception room with high ceilings and original fireplace, flowing into an expansive lounge/dining area that invites natural light. The kitchen/breakfast room at the rear is functional but could benefit from modernisation to better serve family dining needs. Additional practical spaces include a pantry, utility room with WC, and a versatile extra room ideal for conversion into an office or guest suite. Upstairs, the four double bedrooms are complemented by a large family bathroom and separate WC. Notably, the substantial loft space presents an excellent opportunity for future extension or conversion, providing potential for significant value increase subject to planning permissions. The expansive rear garden of approximately 110 x 50 ft is predominantly lawned and offers ample scope for landscaping or outdoor entertaining enhancements. Situated in the vibrant community of Plumstead within the Royal Borough of Greenwich, this home is surrounded by reputable schools and green spaces such as Plumstead Common and Winn's Common. With excellent transport links to Central London via nearby railway stations, this property represents a rare chance to create a tailored family residence in one of London's more sought-after locales.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£440/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£455
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£874,347
10% above area average per sq ft
Potential ROI
+14.3%
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

Chestnut Rise, Plumstead, London, 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
£2,434
Based on a loan of £506,250 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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