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220 Burrage Road, Woolwich, London, SE18 7JU - Image 1
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220 Burrage Road, Woolwich, London, SE18 7JU

London

£450,000

Listed on 22/05/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This freehold terraced property presents a unique investment opportunity in the heart of Woolwich, southeast London. Comprising three distinct flat units—a spacious three-bedroom flat, an adaptable studio flat, and a one-bedroom flat—this building is ripe for modernisation. The property is currently vacant, offering immediate potential for refurbishment and rental yield enhancement. Located conveniently near Woolwich Arsenal and the Elizabeth Line, residents will enjoy easy access to central London and Canary Wharf. Additionally, the vibrant local amenities including supermarkets, cafés, and green spaces like Plumstead Common are all within close proximity. This is an ideal project for those looking to add value through renovations while benefiting from a sought-after location.

Investment Analysis

(SE18 area)
Area Average
£520/sq ft
Avg Rent (weekly)
£480
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.4%
5 year growth: +8.6%
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

220 Burrage Road, Woolwich, London, SE18 7JU
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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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