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Portmeadow Walk, London, SE2

London

£250,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1174 sqft

Description

This end-of-terrace freehold property, which comes vacant and with no onward chain, represents a substantial renovation project for buyers eager to transform a space into a modern family home. In need of extensive refurbishment throughout, the property offers a rare opportunity to add significant value through creative redesign. **GROUND FLOOR** Upon entry, the ground floor features a welcoming lounge area that flows into an additional spacious area at the rear. This layout provides ample flexibility for reconfiguration, allowing you to shape the space according to your vision for contemporary living. **FIRST FLOOR** The first floor presents a large open area with potential for a new kitchen installation alongside a double bedroom. Notably, there is also room for a bathroom upgrade, as it currently just contains a toilet—ideal for complete redevelopment. **SECOND FLOOR** On the uppermost level, you'll find a generously proportioned master bedroom accompanied by two sizable single rooms. After renovation, this floor will provide plenty of accommodation options suitable for family needs. **OUTSIDE** As an end-of-terrace unit, this home benefits from added privacy and picturesque views overlooking South Mere Lake, enhancing its appeal in this tranquil setting. Although significant work is required across the board, the flexible layout and spacious dimensions offer excellent prospects for those willing to invest time and resources into modernisation. This property is well-positioned in Abbey Wood close to local shops and amenities and is conveniently near Abbey Wood Station with easy access to London via the Elizabeth Line. Overall, this property embodies potential—a blank canvas ready for imaginative restoration.

Investment Analysis

(SE2 area)

Below Market Value

This property is priced -55.4% below area average per sq ft

-55.4%
Potential saving
This Property
£213/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£409
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£615,933
10% above area average per sq ft
Potential ROI
+81.2%
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
26%
Properties sold annually

Local Market Trend (SE2)

Area prices are rising by +7.4% over the last 12 months
3 year growth: +11.7%
5 year growth: +24.6%
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

Portmeadow Walk, London, SE2
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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
£902
Based on a loan of £187,500 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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