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

For Sale

Terrace House Requiring Refurbishment, London

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

For Sale

£449,000+

Marketed by:

Barnard Marcus

Barnard Marcus

Sovereign House, 361 King St, London W6 9NA, UK

020 8741 9990

Auction Details : 

Barnard Marcus

Auction Date : 

10/09/26

Lot Number : 

014

Key Features


  • Terrace House

  • Offered with vacant possession

  • Requires refurbishment / updating

  • Freehold

  • EPC rating C

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


Guide Price

£449,000+



Tenure

Freehold



Property Type

Residential, Refurbishment, Vacant



EPC

C



Published Rent

Not stated



Initial Refurbishment Allowance

£45,000–£90,000



Suggested Strategy

Refurbishment & Resale




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: ★★★☆☆

Property Location:

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

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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