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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 occupies the second and third floors of a purpose-built block and presents a significant opportunity for refurbishment. The property includes two private balconies, which could be enhanced to create inviting outdoor spaces. Currently in need of modernisation, this vacant unit is well-situated within the Thamesmead area, offering easy access to local amenities including schools and community facilities. For investors or buyers looking to add value through renovation, this property’s location along the Thames Path provides potential for appealing lifestyle upgrades. Transport links are within reach via nearby bus routes and the Abbey Wood station on the Elizabeth Line, enhancing accessibility to central London and beyond.

Investment Analysis

(SE28 area)
Area Average
£471/sq ft
Avg Rent (weekly)
£421
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SE28)

Area prices are falling by -10.1% over the last 12 months
3 year growth: +5.5%
5 year growth: +9.4%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£586
Based on a loan of £116,250 over 30 years at 4.45% 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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