3-bedroom terraced house · SE18 2DL
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom family home located on the Plumstead/Welling borders, boasting off street parking and convenient for local schools and amenities.
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.
Porch: A storm porch covered entrance door leads to: Entrance Hall: Understairs cupboard, vinyl flooring, stairs to first floor.
Through Living/Dining Room: 27' 10" x 11' 1" (8.48m x 3.38m) Vinyl flooring, double glazed bay window, double glazed doors to garden. Feature fireplace.
Kitchen: 7' 7" x 7' 2" (2.3m x 2.18m) Fitted with a range of wall and base units, built in electric oven and gas hob with filter hood over, door to;- Rear Porch/Lean To Landing: Access to loft.
Bedroom 1: 14' 0" x 9' 11" (4.27m x 3.02m) Carpet as laid, double glazed window. Bedroom 2: 13' 9" x 10' 2" (4.2m x 3.1m) Carpet as laid, double glazed window.
Bedroom 3: 7' 6" x 6' 10" (2.29m x 2.08m) Carpet as laid, double glazed window. Bathroom: Fitted with a panelled bath, pedestal wash hand basin and low level WC.
Frosted double glazed window, tiled flooring, chorme towel rail, Rear Garden: Patio and lawn areas. Driveway: Block paved driveway providing off street parking to the front.
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
Agent & docs
FAQ
About Highmead, Plumstead, SE18
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