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62B Griffin Road, London, SE18 7QF - Image 1
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62B Griffin Road, London, SE18 7QF

London

£150,000
Listed on 11/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
463 sqft

Description

This first-floor one-bedroom flat presents a prime opportunity for those looking to invest in a property that requires complete modernization. Situated conveniently close to Plumstead Rail Station, the flat features an entrance hall, a spacious reception room, a bedroom, a kitchen, and a shower room/WC. With its structural integrity intact but in need of substantial updates, this property is ideal for buyers seeking to create a bespoke living space or capitalize on rental potential after renovation.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -37.6% below area average per sq ft

-37.6%
Potential saving
This Property
£324/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£471
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£264,479
10% above area average per sq ft
Potential ROI
+39.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -4.6%
5 year growth: +8.7%
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

62B Griffin Road, London, SE18 7QF
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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
£531
Based on a loan of £112,500 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.

Stamp Duty Calculator

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