Crescent Road, London, SE18
London
£425,000
Listed on 25/09/2026
Listed on 25/09/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1082 sqftFeatures
- Garden
Description
This three-bedroom Victorian terraced house has a front reception room, a separate dining room and a kitchen at the rear, with a family bathroom on the ground floor. Upstairs are two double bedrooms and a large single bedroom. The layout provides scope for updating and, if desired, considering changes to the arrangement of the ground-floor rooms.
A large rear garden provides outdoor space, with any extension subject to the necessary permissions. The property is in reach of shops, supermarkets, cafés and restaurants, and Woolwich Arsenal offers Elizabeth Line, DLR, National Rail and Thames Clipper connections, alongside local bus routes and road links. The house is described as requiring modernisation throughout. An AML identity-check fee is payable after an offer is accepted.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
68out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £425,000, this three-bedroom Victorian terrace is priced about 23% below the local average per square foot, making the asking price a clear acquisition advantage. Separate reception and dining rooms, three bedrooms and a large rear garden give the project a useful starting layout, while the worn finishes, older galley kitchen and bathroom, and overgrown garden offer plenty of scope to reshape and improve the house.
The works are substantial rather than cosmetic: the renovation range is £42,000–£75,000, and visible ceiling discolouration in some rooms is worth investigating. The score’s economics are strong, but the £483,500 purchase-plus-midpoint-works figure is only a comparison with the implied local average value, not a GDV or a guaranteed margin.
Key opportunities
- Rework the separate reception and dining spaces to suit modern living while retaining the house’s Victorian character.
- Replace the dated galley kitchen and tired bathroom finishes as part of a coordinated interior upgrade.
- Clear and improve the large rear garden, creating a more usable outdoor space.
Key risks
- The £42,000–£75,000 works range and worn finishes across several rooms point to a substantial budget and programme, not a cosmetic refresh.
- Ceiling discolouration in some rooms should be investigated to establish its cause and any required remedial work.
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Transport
Nearest stations
Woolwich Arsenal Rail Station
0.2 miles
Train · Woolwich
Woolwich Arsenal DLR Station
0.2 miles
Metro · Woolwich
Woolwich Dockyard Rail Station
0.7 miles
Train · Woolwich
Plumstead Rail Station
0.7 miles
Train · Plumstead
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,737
Based on a loan of £318,750 over 30 years at 5.13% 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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Indicative tax based on the asking price and the options you select.
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