2-bedroom flat · SE18 7TN
For saleReduced £15k (−5%) on 27 AugListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £300,000 to £325,000** A lovely two bedroom ground floor maisonette with its own rear landscaped garden within close proximity of Plumstead Station, convenient for the Elizabeth Line at Woolwich.
Exterior Rear Garden. A landscaped private garden with decking and artificial lawn.
Key terms Plumstead and Woolwich are part of South East London’s significant reinvention, with dramatic changes to Woolwich Town Centre and surrounds.
Already home to excellent mainline rail services and DLR, Woolwich’s Elizabeth Line is now open. This connects Woolwich to Canary Wharf (8 mins), Bond Street (21 mins) and Heathrow (47 mins).
Together with the redevelopment of the Royal Arsenal along the south bank of the River Thames, Woolwich has fast become a sought after urban centre.
Plumstead offers a greener setting, with coffee shops, restaurants, local supermarkets, and the vast commons providing a perfect backdrop to some stunning period properties.
Entrance Steps to own covered entrance door.
Entrance Hall Living Room/Kitchen (16' 3" x 11' 0" (4.95m x 3.35m)) Double glazed window to front, laminate flooring, range of modern wall and base units with complementary work surfaces over, built in oven and hob, local tling, space for appliances, breakfast bar, built in cupboards.
Bedroom 1 (10' 4" x 8' 2" (3.15m x 2.5m)) Double glazed window to rear, wood laminate flooring, double glazed window to side, radiator.
Bedroom 2 (10' 2" x 8' 0" (3.1m x 2.44m)) Double glazed window to rear, wood laminate flooring, double radiator.
Bathroom Opaque double glazed window to side, low level WC, wash hand basin, low level WC, radiator, local wall tiling.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 58A,, Waverley Road, Plumstead
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