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Parkdale Road, Plumstead, London, SE18 - Image 1
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Parkdale Road, Plumstead, London, SE18

London

£420,000

Listed on 23/03/2026

Property details

Bedrooms
3
Type
Town House
Area
1055 sqft

Description

This three-bedroom terraced townhouse in the sought-after area of Plumstead presents a significant renovation opportunity for discerning buyers looking to invest. The property is currently in need of modernisation, making it an ideal blank canvas for those wanting to imprint their personal style or enhance its rental appeal. Located within the Royal Borough of Greenwich, it offers convenient access to local amenities, schools, and transport links, ensuring practicality for future occupants. With spacious rooms and a private garden featuring both hard standing and gravelled areas, this home has the potential to be transformed into a desirable residence in a well-connected part of South East London.

Investment analysis

(SE18 area)

Below Market Value

This property is priced -21.8% below area average per sq ft

-21.8%
Potential saving
This Property
£398/sq ft
Area Average
£509/sq ft
Avg Rent (weekly)
£483
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£590,985
10% above area average per sq ft
Potential ROI
+29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE18)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -6.6%
5 year growth: +4.2%
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

Parkdale Road, Plumstead, London, SE18
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,587
Based on a loan of £315,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-6.7% since listed
£420,000£5,000(-1.2%)
09/07/2026
Current price
£425,000£25,000(-5.6%)
11/06/2026
£450,000Initial listing
23/03/2026

Next Steps

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