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Penmon Road, London, SE2

London

£230,000

Listed on 08/11/2026

The listing

Property details

Bedrooms
2
Type
House

Description

This two-bedroom split-level maisonette is available to cash purchasers only, as the block has a low level of private ownership. It has a reception room, kitchen, bathroom and separate WC. The reception room has a large window, and wood-effect flooring is described as continuing through the bedrooms. Both bedrooms are described as double-sized, with neutral walls. The fitted kitchen is ready for refitting, while the bathroom and separate WC are also identified as requiring modernisation. The block has a central courtyard-style communal area with paved walkways and open aspects. A nearby park provides green space and children's play facilities. Abbey Wood station is around a 15 to 20 minute walk away, with Elizabeth Line services, and local buses connect to Woolwich, Thamesmead and Bexleyheath. Shops, cafés and supermarkets are available on Abbey Wood high street, with schools across the wider SE2 area. The property offers scope for refurbishment, subject to the buyer's assessment of the works and the block's ownership and purchase requirements.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

48out of 100
Grade ELow opportunity

Confidence: LOW

This split-level maisonette offers a clear medium-scale project: the kitchen is ready for a full refit, the bathroom and separate WC need modernising, and dated finishes and wall marks leave scope to refresh the reception and both bedrooms. The usable wood-effect flooring and double-proportion bedrooms provide a practical starting point, while nearby Abbey Wood station, local amenities and parkland add appeal.

At £230,000, value versus local £/sqf cannot be judged yet because the floor area is missing. The 48/100 grade reflects that uncertainty alongside the limited condition score; it is also restricted to cash purchasers, so buyers should check the block and purchase requirements carefully.

Key opportunities

  • Refit the dated kitchen to suit a buyer’s own specification.
  • Modernise the bathroom and separate WC, which have straightforward configurations.
  • Refresh the dated reception and bedrooms while retaining the broadly serviceable wood-effect flooring.

Key risks

  • Available only to cash purchasers; confirm the block’s ownership and purchase requirements before proceeding.

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Map

Location

Penmon Road, London, SE2
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Transport

Nearest stations

  • Abbey Wood (London) Rail Station

    0.6 miles

    Train · Abbey Wood

  • Plumstead Rail Station

    1.1 miles

    Train · Plumstead

  • Woolwich Arsenal Rail Station

    1.7 miles

    Train · Woolwich

  • Woolwich Arsenal DLR Station

    1.7 miles

    Metro · Woolwich

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
£940
Based on a loan of £172,500 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.

Tax

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