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1A, Edge Hill, Plumstead SE18 - Image 1
1A, Edge Hill, Plumstead SE18 - Image 2
1A, Edge Hill, Plumstead SE18 - Image 3

1A, Edge Hill, Plumstead SE18

London

£525,000
Listed on 02/11/2025

Property Details

Bedrooms
2
Type
Flat
Area
1939 sqft

Description

This expansive Victorian property spans three levels and holds a blend of residential and commercial spaces, making it an intriguing investment opportunity with considerable potential for redevelopment (subject to planning permission). The ground floor features a well-sized retail unit that benefits from prominent street exposure, while the upper floors accommodate a spacious two-bedroom split-level flat with its own separate entrance. The property is generally in good condition, outfitted with double glazing and gas central heating, alongside a private courtyard at the rear. With the right permissions, this freehold property could see enhancements such as a double-storey extension at the rear, alongside the conversion of the ground floor commercial area into a residential unit. This transformation could facilitate the establishment of up to three self-contained units, appealing to both residential tenants and investors. Located just moments from Woolwich town centre and close to Elizabeth Line, DLR, and other rail services, this property combines historical charm with modern convenience in an area experiencing high demand. Additionally, it is within walking distance of local amenities on Herbert Road. This offers an excellent foundation for investors looking to maximize their property's value through renovations or modifications.

Investment Analysis

(SE18 area)

Below Market Value

This property is priced -48.1% below area average per sq ft

-48.1%
Potential saving
This Property
£271/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£447
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,112,201
10% above area average per sq ft
Potential ROI
+78.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.8%
5 year growth: 12.7%
Investment Disclaimer: Analysis based on SE18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

1A, Edge Hill, Plumstead SE18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 over 30 years at 4.19% 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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