1-bedroom flat · SE18 4BY
For saleReduced £10k (−3.8%) on 7 OctListed 143 days
Opportunity summary
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About
A heritage conversion apartment within The Royal Academy development in Woolwich, offering contemporary living within historically significant surroundings.
Ideally positioned for Elizabeth line connectivity and Woolwich Common, this first floor home presents an excellent opportunity for first-time buyers.
Situated within the prestigious Royal Academy development in Woolwich, this one-bedroom apartment offers a rare opportunity to own a piece of London's military heritage.
The Royal Academy played a pivotal role in the British Empire, training generations of military leaders and mapping engineers, and today these heritage-listed buildings have been thoughtfully converted into modern residential homes while retaining their architectural significance and character.
This first floor apartment provides contemporary living spaces with modern specifications throughout.
The development setting offers residents the unique distinction of living within buildings steeped in history, creating a sense of place that few modern developments can match.
The conversion has been carefully executed to blend period features with the conveniences expected of modern London living.
Woolwich has undergone significant regeneration in recent years, establishing itself as a vibrant and well-connected neighbourhood.
The area retains a strong sense of community while offering excellent amenities, with the Royal Arsenal development providing shops, restaurants, and cultural venues.
Woolwich Common provides welcome green space for recreation and relaxation, while the Thames Path offers riverside walks and connections to Greenwich and beyond.
Transport links are exceptional, with Woolwich Arsenal station providing Elizabeth line services for swift connections to Canary Wharf, the City, and the West End, alongside DLR services.
Woolwich Dockyard station and the Thames Clipper river service offer alternative routes into central London.
The area's connectivity makes it particularly appealing for professionals working across London's business districts.
This apartment represents an accessible entry point into London property ownership, offering the perfect combination of heritage character, modern convenience, and excellent connectivity.
With a long lease and reasonable service costs, it presents a sound investment in one of Southeast London's most improved neighbourhoods. Tenure: Leasehold. Years remaining on lease: 232.
Service charge: £3,428pa. Ground rent: £300pa. Council tax band: B To check broadband and mobile phone coverage please visit Ofcom here
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.
Area
Agent & docs
FAQ
About 34, Ashmore Road, London
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