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See how verdicts work1-bedroom flat · SE18 6FR
For saleReduced £20k (−4.8%) on 14 AugListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New build off-plan reassignment | Price Reduced for Sale – Luxury 1-Bed at Royal Arsenal Riverside Estimated completion: Feb - May 2027 Unprecedented Below-Market Opportunity!
Due to an urgent change in the vendor's personal plans, this brand-new, high-floor 1-bedroom apartment in Lantern Wharf (Plot 1007) is now priced for an immediate contract reassignment at an absolute bottom line of £420,000 (originally £485,000).
With a projected rental income of about £27,000 per year, this investment delivers a staggering ~6.4% gross yield-an unbeatable financial profile for a premium Berkeley-built asset in today's market.
Elite Facilities & Security - Secure Gated Living: Positioned within an exclusive, highly secure gated area in South Quay, offering ultimate peace of mind, high privacy, and a discrete sanctuary for residents.
- Five-Star Residents' Club: Enjoy full access to world-class, luxury on-site amenities, including a stunning swimming pool, a private state-of-the-art cinema, a fully equipped professional gym, and a dedicated 24-hour concierge service to handle your daily needs.
Property & View Highlights - High-floor position boasting a bright, completely unblocked forward view, beautifully paired with pristine lateral views toward the River Thames.
- A generous, high-specification internal layout of 541 sq. Ft. Designed perfectly to attract high-earning corporate tenants. - Benefit from a secure 999-year leasehold and £0 ground rent.
Estimated service charge is highly competitive at ~£2,440/year (£4.51/sq. Ft.). - Estimated completion Feb - May 2027 – lock in the ideal price before handover.
On-site Elizabeth Line Advantage: Located right by the on-site Elizabeth Line station, offering lightning-fast transit across the capital: Reach Canary Wharf in just 7 minutes, Liverpool Street (The City) in 14 minutes, and Bond Street (Central and soho) in 21 minutes.
55 minutes to Heathrow Airport. Perfect for city professionals demanding both luxury living and an effortless commute.
Quick Financial Summary Original Asking Price: £485,000 Flash Sale Net Price: £420,000 Size: 541 sq. Ft Projected Rent: ~£27,000 / year Projected Gross Yield: ~6.4% Leasehold: 999 Years Est.
Service Charge: £4.51 per sq. Ft. / year (~£2,440 / year)
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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
About Royal Arsenal Riverside, Lantern Wharf, Woolwich
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