Plumstead

Plumstead offers multi-cultural living in an exceptionally well connected location. Set with the River Thames as a backdrop, Plumstead, is a great place for first-time buyers and families looking for value for money, as property prices in this part of London are considerably lower than elsewhere. Plumstead’s heart lies at Plumstead Common, a wide open space in the centre of the town.

Plumstead is a very urban environment but enjoy green open spaces. Plumstead Common has tennis courts, a rugby pitch and a lawn bowls club, while the Plumstead Make Merry and other community festivals are held on the common. Neighbouring Winn’s Common is a more rugged area with a fitness trail.

Plumstead is a densely populated area so there’s no shortage of schools, as well as a large presence from the University of Greenwich. Schools include Woodhill Primary School, Plumstead Manor Secondary School for Girls, Shooters Hill Post-16 Campus, Greenwich Community College, Trinity College of Music and University of Greenwich.

Public transport has improved drastically in recent years. The mainline railway runs through Plumstead and arrives in London Bridge in 20 minutes, then on to Cannon Street or Charing Cross (via Waterloo East). Plumstead is now well served by bus routes, taking passengers either into central London or out into Kent for Bluewater shopping centre.

You get value for money and with all the regeneration happening around, the potential for growth is huge. Here’s a snapshot of average sale and rental prices:

Plumstead Average Rent Average Sale
1 Bed  £800 – £850 £150,000 – £160,000
2 Bed  £920 – £950 £200,000 – £250,000
3 Bed  £1300 – £1400 £270,000 – £350,000
4 Bed  £1500 – £1600 £380,000 – £400,000

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PROPERTYmajor provides a friendly, unique residential lettings & property management for landlords looking to invest in South East London and Kent. If you would like to request some of our guides or fancy a no obligation chat, please call us on 01322 518 020 or visit our website www.propertymajor.com