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7 Pitfield Crescent, Thamesmead, London, SE28 8RG

London

£250,000

Listed on 15/05/2026

Property Details

Bedrooms

Type

End Of Terrace

Description

This three-bedroom end-of-terrace house presents a significant opportunity for renovation and investment. With off-road parking and a sizable rear garden, it offers a promising canvas for those looking to create their ideal home or enhance its rental potential. The property is currently in need of modernization, making it perfect for buyers who wish to put their personal touch on the space. Additionally, there is potential for extension, subject to obtaining the necessary consents, allowing for further enhancement of the living area. Situated conveniently near the amenities of Thamesmead and within easy reach of the Thames Path, this location combines comfort with accessibility. The house is vacant and ready for immediate transformation into a contemporary dwelling that meets today’s lifestyle demands.

Investment Analysis

(SE28 area)

Area Average

£471/sq ft

Avg Rent (weekly)

£421

Avg Yield

6.1%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£30,000 - £50,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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

7 Pitfield Crescent, Thamesmead, London, SE28 8RG

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£944

Based on a loan of £187,500 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.