Worst House on the Street Logo
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 1
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 2
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 3
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 4
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 5
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 6
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 7
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 8
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 9
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 10
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 11
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 12
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 13
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 14
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 15
56 Thamesbank Place, Thamesmead, London, SE28 8PS - Image 16

56 Thamesbank Place, Thamesmead, London, SE28 8PS

London

£195,000
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terrace house offers a promising opportunity for investors and home renovators alike. Comprising two bedrooms, the property features both a balcony and a rear garden, enhancing its appeal for outdoor living. However, it does require modernisation throughout, allowing for personal touches and upgrades to increase its value. The home is currently vacant, making it an ideal canvas for refurbishment without the constraints of existing tenants. Located in Thamesmead within the London Borough of Bexley, this property is well-positioned near the Thamespath, providing easy access to local amenities including shops and schools. Recreational areas such as Southmere Park and Lesnes Abbey Woods are nearby, ensuring a blend of convenience and leisure. Transport connections are also readily available via bus services to Abbey Wood station and other key locations, while being only 4.5 miles from London City Airport adds to its attractiveness for commuters.

Investment Analysis

(SE28 area)
Area Average
£483/sq ft
Avg Rent (weekly)
£420
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SE28)

Area prices are falling by -11.0% over the last 12 months
3 year growth: +5.7%
5 year growth: +8.4%
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

56 Thamesbank Place, Thamesmead, London, SE28 8PS
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£691
Based on a loan of £146,250 over 30 years at 3.91% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development