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See how verdicts work2-bedroom flat · SE18 3HB
For saleListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £350,000 to £375,000 ** A well presented and much improved two bedroom ground floor conversion flat with private garden.
Set in one of Plumstead Common's premier roads, convenient for access into Woolwich with the Elizabeth Line. Exterior Rear Garden Aproximately 32ft.
Mainly laid to lawn, with paved patio area, gravel side path, decking area, shed ghate to rear *Access is subject to legal verification*.
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.
Communal Entrance Storm Porch to front. own entrance door. Entrance Hall Solid wood flooring.
Living Room 4.62m into bay x 3.89m - Feature period style fireplace with surround and tiled hearth, solid wood flooring, custom fitted blinds, shelving.
Kitchen/Breakfast Room 12' 1" x 10' 8" (3.68m x 3.25m) Fitted with a range of wall and base units with wooden complementary work surfaces, integrated oven and hob with filter hood, integrated washing machine and dishwasher, wine rack, tiled flooring, part tiled walls.
Bedroom 1 13' 1" x 9' 11" (4m x 3.02m) Double glazed window to rear, solid wood flooring, built in wardrobes.
Bedroom 2 10' 0" x 9' 9" (3.05m x 2.97m) Laminate wood flooring, access to garden, radiator.
Bathroom Fitted with a white three piece suite com[prising of a low level WC, panelled bath with rainfall shower and shower attachment, vanity wash hand basin, heated chrome towel rail, wall mounted boiler, tiled walls and tiled flooring.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About Vernham Road, Plumstead Common, SE18
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