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See how verdicts work3-bedroom house · SE2 0YB
Listing removedListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £350,000 - £375,000** A three bedroom 1930's style house located in Abbey Wood, Plumstead, Welling borders offered to the market chain free.
Key terms **Please note that the sale of the property is subject to the current tenancy ending.
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 (8mins), Bond Street (21mins) and Heathrow (47mins).
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.
Storm Porch: Covered storm porch entrance. Entrance Hall: Carpet as fitted and stairs to first floor, radiator.
Lounge: (11' 1" x 10' 11" (3.38m x 3.33m)) Double glazed bay window to front and wood laminate flooring, radiator.
Dining Room: (9' 9" x 9' 11" (2.97m x 3.02m)) Double glazed door to rear and wood laminate flooring, radiator.
Kitchen: (7' 11" x 7' 0" (2.41m x 2.13m)) Fitted with a range of wall and base units with complimentary work surfaces. Stainless steel oven, hob and filter hood.
Local wall tiling, double glazed window and door to rear. Landing Bedroom 1: (11' 8" x 10' 0" (3.56m x 3.05m)) Double glazed window to front and wood laminate flooring, radiator.
Bedroom 2: (10' 11" x 10' 1" (3.33m x 3.07m)) Double glazed window to rear and wood laminate flooring, radiator.
Bedroom 3: (6' 11" x 6' 6" (2.1m x 1.98m)) Double glazed window to front and wood laminate flooring, radiator.
Bathroom: Fitted with a three piece suite comprising of pedestal wash hand basin, low level wc, bath and double glazed window to rear. Front Garden: Mainly laid to lawn with steps to road.
Rear Garden: A generous rear garden mainly laid to lawn.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 221, Wickham Lane, London
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