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Waverley Road, London, SE18

London

£500,000
Listed on 17/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1401 sqft

Description

This four-bedroom period terraced house spans over 1401 square feet and is situated in a mid-terrace position. Having been cherished by the same family for over fifty years, the property presents a fantastic canvas for new owners to remodel it into their dream home. The layout extends across three floors, with the lower ground offering a spacious front reception and family room, a separate dining area, and a wide galley-style kitchen that leads to a stepped rear garden consisting of both patio and lawn areas. The first floor features two sizable double bedrooms (the front one currently utilized as an additional reception), along with a family bathroom and separate W.C., both requiring modernization. The top floor houses another two double bedrooms, including the generously sized primary room that could accommodate ample storage solutions. Additional attributes include double glazing throughout, both internal and external storage options, as well as the potential for extension subject to planning permission (STPP). The property also boasts separate entrances for both the lower ground and ground floors, further enhancing its usability. Located on Waverley Road, this property is nestled in a tranquil residential area just moments from Plumstead Common. It is conveniently close to local amenities on Plumstead High Street and offers easy access to Woolwich and Belvedere. Transport links are efficient, with Plumstead Overground Station just half a mile away providing direct services into central London. Nearby schools have received Outstanding ratings from Ofsted, making this location ideal for families seeking quality education. With nearby green spaces like Plumstead Common and Galleons Reach Park adding to its appeal, this house represents a substantial renovation opportunity.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£357/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£471
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£800,293
10% above area average per sq ft
Potential ROI
+35.6%
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

Waverley Road, London, SE18
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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
£1,771
Based on a loan of £375,000 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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