1-bedroom flat · SE18 6GN
For saleListed 60 days
Opportunity summary
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About
John Payne are delighted to welcome to the SE18 market this spectacular one-bedroom fifth floor modern apartment located within the highly sought after Royal Arsenal Riverside development in the centre of Woolwich.
Offered to the market chain free. The accommodation on offer comprises a well-presented 24ft open plan reception room with floor to ceiling windows and sliding doors onto the balcony.
A high gloss integrated kitchen and ample space for dining and entertaining. There is a double bedroom with carpet as fitted and access to the balcony.
Off the hall there is a three-piece bathroom suite comprising a panelled bath, wash hand basin and low level WC. The property also offers excellent storage space. Externally there is a 20ft balcony.
As well as this impressive living space and balcony you will be able to enjoy river walks or jogs along the Thames path.
Positioned in the heart of Woolwich, which is rapidly emerging as one of London's bright spots and forms part of long stretch of waterfront homes.
The Crossrail station has already added to the fantastic travel options available to the residents of Royal Arsenal Riverside.
Woolwich Arsenal station is within 0.2 miles for the South-eastern, Thameslink and DLR, City Airport is within 7 minutes away, Buses to North Greenwich for Jubilee Line are in abundance as well as the Uber Boat for a more scenic journey into the city.
The Woolwich Ferry South Pier is also under 0.5 miles.
Further amenities include easy access to Greenwich and Blackheath for further bars, pubs and restaurants as well as endless green spaces such as Oxleas Woods, Woolwich and Plumstead Common and both Blackheath and Greenwich Park.
Onsite the development you will find: * Residents Gym * Body Workshop Health & Wellbeing Centre * Gastro pubs and a swanky bar * Salt * Four on site cafés * Health Centre * Chemist * Dentist * Tesco Express * M&S Food Hall * Sainsburys Local * Dry Cleaning service * Zipcar Car Sharing Club * Residents Website * Fortnightly Farmers Market Lease Length – 125 years from and including 19th March 2010 (108 years remaining) Service Charge - Approx £3000 Per Annum Ground Rent - £150 Per Annum The Royal Borough of Greenwich - Council Tax Band - B Energy Efficiency Rating - B
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
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