53, Gorman Road, WOOLWICH, London, SE18 5SN

Description

Freehold two floor end terrace house requiring updating Full vacant possession 3D Tour: Click Here Location: Situated on Gorman Road which is well positioned for the amenities of Woolwich High Street, Woolwich Dockyard and Woolwich Riverside. Transport options include local bus routes, the Woolwich Ferry, London City Airport, rail connections via Woolwich Arsenal or Dockyard stations or road links via the A206 to Greenwich and Dartford. Accommodation (approx. 111m2 / 1,195 sq ft): First floor: Four bedrooms, bathroom/WC Ground floor: Entrance hall, reception room, kitchen/diner, cloakroom/WC, former lift access area Outside: Front, side and rear gardens and car port EPC rating: C Council Tax Band: D Tenure: Freehold (some estate service charges may apply – please refer to legal pack) To view: 27/8, 29/8, 2/9, 5/9 at 12pm No booking required – Please arrive at the time stated

Location

Situated on Gorman Road which is well positioned for the amenities of Woolwich High Street, Woolwich Dockyard and Woolwich Riverside. Transport options include local bus routes, the Woolwich Ferry, London City Airport, rail connections via Woolwich Arsenal or Dockyard stations or road links via the A206 to Greenwich and Dartford. Accommodation (approx. 111m2 / 1,195 sq ft): First floor: Four bedrooms, bathroom/WC Ground floor: Entrance hall, reception room, kitchen/diner, cloakroom/WC, former lift access area Outside: Front, side and rear gardens and car port

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £45,000–£90,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆