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Herbert Road, Woolwich

London

£750,000
Listed on 23/03/2026

Property Details

Bedrooms
6
Type
Terraced
Area
2682 sqft

Description

This substantial period property spans 2682 sq.ft and features six bedrooms, three reception rooms, and three bathrooms, presenting a remarkable opportunity for investment and renovation. Currently configured with versatile living spaces, the ground floor comprises a welcoming hallway leading to two generously sized reception rooms, a kitchen equipped with wall and base units, and a convenient shower room. A study positioned at the rear provides access to the expansive 62ft garden. The cellar is well-lit with power, offering additional potential for conversion or storage. On the first floor, you’ll find two spacious double bedrooms alongside a single bedroom, plus a utility area that also leads out to the garden. The second floor features another two double bedrooms and an additional single room, complete with its own kitchen and bathroom facilities—a layout that opens numerous possibilities for reconfiguration or enhancement. The attic space adds another layer of investment potential, currently accessible from the landing. Notably, prior planning permission was granted for both a rear extension and attic conversion (now lapsed), reinforcing the prospect of expanding this home further. Additionally, given its history as a licensed HMO for six persons (license now expired), it stands as an attractive option for rental income should local regulations allow renewal. Externally, besides off-street parking at the front, you have a mature garden that could be transformed into an outdoor retreat or developed further subject to necessary permissions. This property must be viewed to fully appreciate its size and the renovation possibilities that await.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -46.1% below area average per sq ft

-46.1%
Potential saving
This Property
£280/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£458
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,530,564
10% above area average per sq ft
Potential ROI
+75.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -3.4%
5 year growth: +10.2%
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

Herbert Road, Woolwich
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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
£2,705
Based on a loan of £562,500 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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