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Plum Lane, London

London

£175,000
Listed on 24/04/2026

Property Details

Bedrooms
1
Type
Ground Flat

Description

This long leasehold garden flat presents a prime investment opportunity, requiring a thoughtful renovation to unlock its full potential. Benefiting from a share of the freehold and offering full vacant possession, this property is ready for a new owner to infuse modern updates and create a comfortable living space. The accommodation includes an entrance hall, one bedroom, reception room, kitchen, and bathroom/WC, all spanning approximately 47m² (510 sq ft). The private rear garden adds further appeal for those looking to enhance outdoor living. Conveniently located near local shopping amenities and with excellent transport links via Woolwich and Falconwood Stations, this flat is well-positioned for access to both Greenwich and Central London. With some effort and investment, this property could be transformed into a desirable urban retreat.

Investment Analysis

(SE18 area)
Area Average
£519/sq ft
Avg Rent (weekly)
£471
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Plum Lane, London
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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
£620
Based on a loan of £131,250 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.

Stamp Duty Calculator

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