
London
£250,000
Listed on 06/11/2026
Listed on 06/11/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
The £250,000 asking price is 9.9% below the local average on a £/sqf basis, making this a comparatively cheap way to acquire a two-bedroom ground-floor flat in the distinctive Progress Estate. The rear garden, separate kitchen and character fireplace give the project some individuality, while the brand-new 999-year lease and chain-free sale are useful practical positives.
There is scope for a medium-scale update: worn floors and tired wall finishes are visible in the living room and both bedrooms, with dated fittings in the kitchen and wet room and a garden that needs clearing. The exterior appears generally intact in the supplied views. For a project buyer, the main caution is that purchase plus works looks tight against local benchmarks, so the below-average entry price does not by itself make the overall economics compelling.
None recorded.
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Transport
Eltham Rail Station
0.3 miles
Train · Eltham
Kidbrooke Rail Station
1.1 miles
Train · Kidbrooke
Falconwood Rail Station
1.2 miles
Train · Falconwood
Mottingham Rail Station
1.4 miles
Train · Mottingham
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
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
Indicative tax based on the asking price and the options you select.
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