4-bedroom house · SE2 9UL
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** cash buyers only ** Offering exceptional potential, this substantial four-bedroom end of terrace town house, arranged over three floors, presents an exciting opportunity for investors, developers or experienced renovators looking to create a spacious family home in a highly sought-after location.
Although requiring complete modernisation throughout, the property offers generous and versatile accommodation comprising two reception rooms, a kitchen, and a ground floor WC.
The upper floors provide four well-proportioned bedrooms together with family bathroom facilities, offering ample space for a growing family once refurbished.
Externally, the property benefits from a private rear garden, in a convenient location overlooking Southmere Lake.
Ideally situated just a short walk from Abbey Wood Station, the property enjoys access to the Elizabeth Line, offering fast and convenient connections to Canary Wharf, the City and Central London.
Local shops, schools, parks and the ongoing regeneration of the Abbey Wood and Thamesmead area further enhance the property's long-term appeal.
A rare opportunity to acquire a generously sized home with enormous scope for improvement in a prime location. Early viewing is highly recommended.
Key terms Abbey Wood, named after the ancient woodlands that surround the remains of the Lesnes Abbey founded in 1178 has an abundance of open space with Bostall Heath and Lesnes Abbey being the most popular along with miles of Green Chain Walks.
The Crossrail project has resulted in a dramatic increase in demand for properties in this area.
Entrance Room (13' 1" x 13' 0" (4m x 3.96m)) UPVC door to front, double glazed window to front, tiled floor Entrance Hall Wooden door to front, radiator, three storage cupboards one housing boiler Ground Floor WC Window to front, wash hand basin, low level WC, plumbing for washing machine Bedroom 4 (Ground Floor) (13' 0" x 7' 6" (3.96m x 2.29m)) Two windows to rear, double doors to rear Landing Skylight, storage cupboard, carpet Lounge (First Floor) (15' 5" x 13' 2" (4.7m x 4.01m)) Double glazed window to rear, radiator, storage cupboard, carpet Kitchen (First Floor) (13' 2" x 9' 5" (4.01m x 2.87m)) Window to front, door to balcony - kitchen has been removed Bedroom 1 (Second Floor) (13' 2" x 11' 9" (4.01m x 3.58m)) Two double glazed windows to front, radiator, carpet Bedroom 2 (Second Floor) (12' 3" x 6' 7" (3.73m x 2m)) Double glazed window to rear, radiator, storage cupboard, carpet Bedroom 3 (Second Floor) (12' 3" x 6' 2" (3.73m x 1.88m)) Double glazed window to rear, radiator, carpet Bathroom (Second Floor) Skylight window, WC - bathroom has been removed Garden Shed
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1, Portmeadow Walk, London
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