# 5 bedroom detached house for sale (SE18 3PE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 89 NITHDALE ROAD, LONDON, GREATER LONDON SE18 3PE |
| Price | £490,000 |
| Last sold | £483,000 Aug 2017 |

## Description

*** GUIDE PRICE £490,000 - £510,000 ***

A well presented five bedroom detached family home offering versatile accommodation. Located on the popular Shooters Hill slopes, convenient for local schools, bus routes and local amenities.

*TWO SEPARATE RECEPTION ROOMS* *14FT MODERN FITTED KITCHEN* *MODERN WHITE THREE PIECE BATHROOM SUITE* *EN-SUITE SHOWER ROOM* *TIERED REAR GARDEN* *VERSATILE ACCOMMODATION*

**Key Terms**

Plumstead and Woolwich are part of South East London’s big reinvention, with Woolwich town centre unrecognisable compared to 20 years ago. Already home to an excellent mainline rail service and the DLR, Woolwich’s Crossrail station is well underway. Together with the redevelopment of the Royal Arsenal, Woolwich is emerging as a new urban centre. 

Plumstead offers an altogether greener setting, with the vast commons and Oxleas Wood provide a perfect backdrop to some stunning period properties.

## Property Photos

- ![External](/listings/photos/62917244/230501) - External
- ![Kitchen](/listings/photos/62917244/230506) - Kitchen
- ![Reception Room 2](/listings/photos/62917244/230510) - Reception Room 2
- ![Bathroom](/listings/photos/62917244/230518) - Bathroom
- ![Kitchen/Diner](/listings/photos/62917244/230521) - Kitchen/Diner
- ![Bedroom](/listings/photos/62917244/230527) - Bedroom
- ![Lounge](/listings/photos/62917244/230529) - Lounge
- ![Garden](/listings/photos/62917244/230533) - Garden
- ![Bedroom](/listings/photos/62917244/230540) - Bedroom
- ![Garden](/listings/photos/62917244/230544) - Garden
- ![Garden](/listings/photos/62917244/230548) - Garden
- ![Wc](/listings/photos/62917244/230556) - Wc
- ![Picture No. 16](/listings/photos/62917244/230561) - Picture No. 16

## Floorplans

- ![Floorplan](/listings/photos/62917244/230568) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/62917244/230573) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #13285707
- **Address:** 89 Nithdale Road, LONDON, SE18 3PE
- **Certificate Issued:** 11/12/2018
- **Work Completed:** 12/11/2018
- **Items:** 1 window(s), 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 89 NITHDALE ROAD, LONDON, GREENWICH, GREATER LONDON, SE18 3PE | £483,000 | 11/08/2017 | Terraced |
| 89 NITHDALE ROAD, LONDON, GREENWICH, GREATER LONDON, SE18 3PE | £16,500 | 12/02/1999 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 79 NITHDALE ROAD, LONDON, GREENWICH, GREATER LONDON, SE18 3PE | £555,000 | 21/08/2023 | Terraced |
| [Same street] 51 NITHDALE ROAD, LONDON, GREENWICH, GREATER LONDON, SE18 3PE | £525,000 | 28/04/2023 | Terraced |
| [Same street] 41A NITHDALE ROAD, LONDON, GREENWICH, GREATER LONDON, SE18 3PE | £352,000 | 01/04/2022 | Flat |
| [Same street] 41B NITHDALE ROAD, LONDON, GREENWICH, GREATER LONDON, SE18 3PE | £260,000 | 27/07/2021 | Flat |

**Street average:** £423,000 (4 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £1,776,205 (3 Detached, SE18, 2024–2026)
- **Deviation:** -72.4%

## Rental Range

*ONS Price Index of Private Rents (Greenwich). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,754/mo
- **Realistic:** £1,949/mo
- **Optimistic:** £2,144/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Outer South East London (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Herbert Road, SE18 | £2,000/mo | 3 | 0.26 miles | OpenRent |

**Average rent: £2,000/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.41% (weak for cashflow)
- **Max investor price (0.8%):** £250,000
- **Target investor price (1%):** £200,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,000/mo).*

- **Gross yield:** 4.9%
- **Cost-to-rent:** 20.4×
- **Monthly cashflow:** £-155/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -1.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 137.2%
- **10y growth:** 11.3%

## House Price Index (HM Land Registry)

*Official index for Greenwich; Detached series; as of March 2026.*

- **1y growth (index):** 3.5%
- **5y growth (index):** 11.7%
- **10y growth (index):** 29.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)