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Hillreach, London SE18

London

£2,795,000

Listed on 05/07/2026

Property details

Bedrooms
N/A
Type
Land

Description

This development opportunity is strategically located within a short distance of Woolwich Town Centre and conveniently situated near Woolwich Arsenal and Dockyard stations, as well as the Elizabeth line. The site comes with approved planning permission for the construction of 9 one-bedroom apartments, 4 two-bedroom apartments, and 4 three-bedroom apartments. Additionally, there is a sizable commercial space of 125.2 sqm that offers potential for future development, subject to obtaining the necessary planning permissions. This property represents a significant investment opportunity in a growing area.

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Investment analysis

(SE18 area)
Area Average
£509/sq ft
Avg Rent (weekly)
£483
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE18)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -6.6%
5 year growth: +4.2%
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

Hillreach, London SE18
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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
£10,559
Based on a loan of £2,096,250 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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