Wrottesley Road, WOOLWICH
London
£195,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
2Type
FlatDescription
Offered at auction, this vacant first-floor flat is being sold with a new 990-year lease and peppercorn ground rent. The accommodation comprises an entrance hall, two bedrooms, a reception room, kitchen and bathroom with WC. The property is described as requiring updating and works, offering scope for a purchaser to assess and carry out refurbishment to suit their plans.
Wrottesley Road is served by Woolwich Arsenal rail station and local bus routes, with road connections to the A206 and South Circular Road. Shops and other amenities are available in Plumstead and Woolwich, while Plumstead Common and Shrewsbury Park provide nearby open spaces. The property has an EPC rating of C and is in Council Tax Band D. Buyers should review the auction legal documentation and confirm the condition and services independently.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: LOW
This is a medium-scale project with a clear value-add canvas: the observed living and bedroom spaces need fresh decoration and flooring, while the dated kitchen and bathroom offer scope for a more substantial update. Vacant possession and a traditional brick frontage are useful positives, and the new 990-year lease at a peppercorn ground rent is worth noting. The £35,000–£60,000 renovation range gives an indication of the work involved; the floor area is missing, so value versus local £/sqf cannot yet be judged. As this is an auction lot, bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Refresh the worn flooring and marked decoration in the observed living and bedroom spaces.
- Update the dated kitchen and bathroom to give the flat a more contemporary finish.
- Vacant possession and a new 990-year lease at peppercorn ground rent provide a straightforward starting point for the project.
Key risks
None recorded.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£737
Based on a loan of £146,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
