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Chancelot Road, Abbey Wood

London

£180,000

Listed on 11/06/2026

Property Details

Bedrooms
1
Type
Apartment
Area
623 sqft

Description

This spacious top-floor one-bedroom flat, set in a charming period conversion, presents an excellent opportunity for savvy investors or buyers looking to personalize their living space. With over 620 sq ft of well-configured accommodation, the property features a bright and airy reception room, a generously sized double bedroom, a separate kitchen, and a bathroom. While the interior is in need of modern upgrades, it serves as an ideal blank canvas for those eager to add value and make it their own. The flat's location enhances its appeal significantly; it is just a short walk from Abbey Wood Station, offering swift access to the Elizabeth Line and connecting you effortlessly to key destinations across London such as Canary Wharf and Heathrow Airport. Following the Crossrail project, Abbey Wood has gained popularity among commuters and investors due to its improved transport links. In addition to transport convenience, residents can enjoy nearby amenities including supermarkets, eclectic cafes, restaurants, and leisure facilities within Abbey Wood, Plumstead, Woolwich, and Bexleyheath. The area boasts beautiful green spaces like Lesnes Abbey Woods for outdoor enthusiasts while ongoing regeneration efforts promise continued growth in demand. The property is chain-free with vacant possession available for immediate viewing. However, due to the reduced lease length — 58 years remaining on a 99-year lease — it's better suited for cash buyers or those with specialist financing options.

Investment Analysis

(SE2 area)

Below Market Value

This property is priced -40.0% below area average per sq ft

-40.0%
Potential saving
This Property
£289/sq ft
Area Average
£482/sq ft
Avg Rent (weekly)
£457
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£330,006
10% above area average per sq ft
Potential ROI
+57.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SE2)

Area prices are rising by +6.8% over the last 12 months
3 year growth: +13.6%
5 year growth: +24.3%
Investment Disclaimer: Analysis based on SE2 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

Chancelot Road, Abbey Wood
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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
£680
Based on a loan of £135,000 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.

Stamp Duty Calculator

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