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Plum Lane, PLUMSTEAD

London

£165,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
1
Type
Flat

Description

This self-contained flat presents a promising investment opportunity, requiring refurbishment to unlock its full potential. The property is on a long leasehold with the advantage of full vacant possession, allowing for immediate renovation upon acquisition. Spanning approximately 51 m2 (553 sq ft), the layout includes an entrance hall, one bedroom, a reception room, a kitchen/diner, and a bathroom/WC. Strategically located near Plum Lane, it benefits from excellent transport links via Plumstead and Woolwich Arsenal Rail and DLR Stations as well as local bus services. Nearby amenities include shops along Plumstead Common Road and recreational areas such as Winn’s Common and Plumstead Common. This flat offers an excellent canvas for transformation into a desirable living space in a developing area.

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Investment analysis

(SE18 area)
Area Average
£509/sq ft
Avg Rent (weekly)
£483
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE18)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -6.6%
5 year growth: +4.2%
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, PLUMSTEAD
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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
£623
Based on a loan of £123,750 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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