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Burrage Road, London SE18

London

£575,000
Listed on 30/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1472 sqft

Description

Seize the opportunity to invest in this spacious Victorian terraced house, presenting a promising project for those looking to enhance and modernise its character. Located centrally in Woolwich, this period property spans two floors and offers ample living space, making it an ideal candidate for renovation. The ground floor features two sizable lounge areas that can be transformed into contemporary living spaces, alongside a separate kitchen ripe for reimagining to suit personal tastes. A generous utility room at the rear provides additional flexibility for storage or laundry purposes. Upstairs, you will find three well-proportioned bedrooms—two doubles and one single—accompanied by a family bathroom that could benefit from updating. Woolwich is an area rich in historical significance, particularly known for its military heritage linked to the Royal Arsenal. The ongoing regeneration of the neighborhood has introduced new amenities, including shops, cafes, and riverside walks, enhancing its appeal as a residential destination. Transport connections are excellent, with Woolwich Arsenal station offering National Rail and DLR services that facilitate quick access to central London. The recent addition of the Elizabeth Line has further improved connectivity, making commutes to Canary Wharf and beyond more convenient. This property presents not only a chance to create a unique home but also the potential to capitalize on Woolwich's revitalization and growing popularity as an attractive place to live.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£391/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£465
Avg Yield
5.7%

Renovation Potential

Est. Renovation Cost
£57,500 - £143,750
10-25% of property value
Target Value
£841,984
10% above area average per sq ft
Potential ROI
+17.1%
After renovation
Monthly Sales
41
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.8%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on SE18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Burrage Road, London SE18
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