2-bedroom flat · SE18 5SS
For saleReduced £25k (−8.3%) on 4 SepListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two double bedroom ground floor flat located on this sought after riverside development, convenient for Woolwich Dockyard Station, Thames Clipper and Woolwich Mainline Station, Elizabeth Line and DLR.
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 Hall Built in Cupboard. Living/Dining Room (19' 0" x 12' 1" (5.8m x 3.68m)) Double glazed window, double glazed bay window.
Kitchen (7' 9" x 7' 4" (2.36m x 2.24m)) Range of matching wall and base units with complementary work surfaces over, space for appliances, double glazed window.
Bedroom 1 (12' 6" x 10' 5" (3.8m x 3.18m)) Double glazed window. En Suite Tiled shower cubicle, wash hand basin, low level WC with enclosed cistern.
Bedroom 2 (11' 3" x 8' 4" (3.43m x 2.54m)) Double glazed window Bathroom Panelled bath, wash hand basin, low level WC.
Value & comps
No previous sales on record.
Returns
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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 61, Riverhope Mansions, Harlinger Street
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