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23 Booth Close, Thamesmead, London, SE28 8BW - Image 1
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23 Booth Close, Thamesmead, London, SE28 8BW

London

£155,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Flat

Description

This three-bedroom maisonette, occupying the second and third floors of a purpose-built block, presents a solid investment opportunity for those looking to make their mark. With two private balconies offering outdoor space, the property is currently vacant and ready for transformation. It requires modernisation throughout, allowing prospective buyers to tailor it to their tastes and needs. Located in Thamesmead within the Royal Borough of Greenwich, residents will benefit from nearby amenities including schools and various community facilities, as well as easy access to green spaces and riverside walks. Convenient transport options are available via local bus services and nearby train stations Abbey Wood and Plumstead, enhancing its appeal for both families and investors alike.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

23 Booth Close, Thamesmead, London, SE28 8BW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£549
Based on a loan of £116,250 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.

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