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See how verdicts work3-bedroom house · SE18 2AT
For saleReduced £50k (−10%) on 27 OctListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning and spacious three double bedroom family home on the Plumstead/Welling Borders well located for local schools, transport links and Parkland.
Exterior Rear Garden A well stocked and established garden with numerous plants, shrubs and fruit trees, a paved patio, laid to lawn and generously sized shed/store measuriung 16'11 x 6'11.
Off Street Parking Ample off street parking via a bricked driveway Key terms Plumstead, located in the Royal Borough of Greenwich, is a characterful and well-connected district in South East London that’s known for its Victorian and Edwardian housing, green open spaces, and strong sense of community, Plumstead offers a more affordable alternative to nearby Greenwich and Woolwich, without sacrificing convenience.
Excellent transport links including National Rail from Plumstead Station, the nearby DLR and Elizabeth Line at Woolwich, and easy road access via the A2 make commuting into Central London, Canary Wharf, or beyond quick and efficient.
The area is rich in natural beauty, with Shrewsbury Park, Plumstead and Winn’s Common’s, while local shops, growing dining options, and proximity to major retail hubs make Plumstead a hidden gem in London’s evolving property landscape.
Entrance Porch Original font door to entrance hall. Entrance Hall Carpet, stairs to first floor, understairs storage cupboard, built in cupboard.
Ground Floor WC Low level WC, wash hand basin, partly tiled walls Living Room (12' 7" x 10' 9" (3.84m x 3.28m)) Laminate flooring, real flame gas fireplace with coal effect flame basket, hearth and wooden mantle, double glazed windows to front.
Kitchen/Dining Room (17' 2" x 13' 4" (5.23m x 4.06m)) Comprising: Dining Area Laminate flooring, freal flame gas fireplace with coal effect flame basket, hearth and wooden mantle, two double glazed doors to gardejn.
Kitchen Area.
Range of matching wall and base units with complementary work surfaces over, built in electric double oven, gas hob with extractor hood over, cupbhoard housing combi boiler, double glazed window, space for appliances.
Landing Carpet. Bedroom One (15' 2" x 9' 0" (4.62m x 2.74m)) Carpet, double glazed window. Bedroom Two (14' 2" x 9' 0" (4.32m x 2.74m)) Laminate flooring, double glazed window.
Bedroom Three (10' 10" x 7' 9" (3.3m x 2.36m)) Carpet, double glazed window.
Bathroom (10' 4" x 7' 10" (3.15m x 2.4m)) Tiled flooring, low level WC with enclosed cistern, vanity wash hand basin, walk in shower with glass screen, frosted double glazed window.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 22, Grasdene Road, Plumstead
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