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Chancelot Road, Abbey Wood SE2

London

£180,000

Listed on 12/06/2026

Property Details

Bedrooms
1
Type
Flat
Area
623 sqft

Description

This top-floor flat, situated within an appealing period conversion, offers a spacious one-bedroom layout that exceeds the typical dimensions found in modern apartments. Spanning over 620 sq ft, this property comprises a bright reception area, a sizable double bedroom, and separate kitchen and bathroom facilities, presenting an opportunity for prospective buyers to infuse their personal style and vision into the space. The current condition suggests that a comprehensive update would enhance its appeal significantly, making it an ideal project for those looking to invest and increase value. The location further amplifies its investment potential. Positioned within walking distance to Abbey Wood Station, this property is well connected via the Elizabeth Line, facilitating quick access to key destinations including Canary Wharf and Heathrow Airport—perfect for commuters and investors alike. The ongoing regeneration of Abbey Wood adds long-term desirability to the area, particularly following the enhancements brought by Crossrail. Additionally, residents can enjoy proximity to Lesnes Abbey Woods which provide scenic outdoor spaces for relaxation and leisure activities. Everyday amenities are easily accessible in nearby areas such as Plumstead and Woolwich, ensuring a balanced lifestyle with both vibrant town centre offerings and tranquil green spaces at hand. This chain-free offering with vacant possession allows immediate viewings, making it an attractive proposition for cash buyers or those able to secure specialist financing due to the remaining lease term of 58 years.

Investment Analysis

(SE2 area)

Below Market Value

This property is priced -40.0% below area average per sq ft

-40.0%
Potential saving
This Property
£289/sq ft
Area Average
£482/sq ft
Avg Rent (weekly)
£457
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£330,006
10% above area average per sq ft
Potential ROI
+61.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SE2)

Area prices are rising by +6.8% over the last 12 months
3 year growth: +13.6%
5 year growth: +24.3%
Investment Disclaimer: Analysis based on SE2 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

Chancelot Road, Abbey Wood SE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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.

Stamp Duty Calculator

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