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Flat 5, Block 7, Chantry Close, Abbey Wood, London SE2 9PF - Image 1

Flat 5, Block 7, Chantry Close, Abbey Wood, London SE2 9PF

London

£190,000
Listed on 09/03/2026

Property Details

Bedrooms
2
Type
Flat

Description

This second-floor two-bedroom flat presents a valuable opportunity for investors and developers keen on revitalizing a property within the desirable Abbey Wood area. Built between 2002 and 2004, the apartment is in need of modernisation, making it an ideal candidate for refurbishment tailored to current market preferences. Conveniently located near the new Elizabeth Line station, this property benefits from excellent transport links and is within walking distance of local amenities. Currently occupied under an Assured Shorthold Tenancy with an annual income of £6,240, this flat offers not only potential aesthetic upgrades but also a steady return during the renovation process. The accommodation includes a living room, kitchen, two bedrooms, and a bathroom/WC, all ripe for transformation to maximise value.

Investment Analysis

(SE2 area)
Area Average
£477/sq ft
Avg Rent (weekly)
£409
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Flat 5, Block 7, Chantry Close, Abbey Wood, London SE2 9PF
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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
£685
Based on a loan of £142,500 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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