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Greenhaven Drive, London, SE28

London

£230,000
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground-floor flat situated in Thamesmead presents an appealing project for investors or first-time buyers looking to create a tailored living space. While the property requires significant updating, it offers a well-proportioned layout featuring a separate kitchen, a spacious lounge/dining area ideal for socializing, and two generous double bedrooms. The addition of allocated parking and access to communal gardens enhances its appeal, providing a tranquil environment amidst urban living. Thamesmead itself boasts substantial green spaces and is undergoing regeneration, which underscores its potential for increased value. With convenient public transport links connecting to Woolwich Arsenal for DLR and National Rail services, as well as the nearby Abbey Wood station offering Elizabeth Line access, this flat is not just a dwelling but an opportunity to invest in an area poised for growth. Viewing of this property is highly recommended to explore its full potential.

Investment Analysis

(SE28 area)
Area Average
£475/sq ft
Avg Rent (weekly)
£410
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (SE28)

Area prices are falling by -4.1% over the last 12 months
3 year growth: +11.2%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on SE28 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

Greenhaven Drive, London, SE28
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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
£830
Based on a loan of £172,500 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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