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See how verdicts work2-bedroom flat · SE18 6LR
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lixing is delighted to present this generously proportioned two-bedroom, two-bathroom apartment in Wick Tower.
The apartment comes with an allocated parking space , situated on the second floor with approximately 850 sq ft (78 sq m) of internal space.
Rarely found in new apartments, 3m floor to ceiling heights give an exceptional sense of volume (2.4m is typical in residential dwellings), floor to ceiling glazing in each room provides abundant natural light and accentuate this sense of space.
Both bedrooms and the open plan living area face the private terrace which extends the full length of the apartment offering genuinely usable outdoor space.
The property opens into a spacious hallway before leading into an impressive open-plan kitchen and reception room The contemporary kitchen is neatly integrated into the living space, leaving generous room for separate dining and lounge areas.
Full-height glazing draws in excellent natural light, while direct access leads onto the substantial 28-foot-wide balcony , providing plenty of room for outdoor seating, dining and entertaining.
Both bedrooms are particularly well proportioned and enjoy views over the balcony.
The principal bedroom extends to approximately 24'10" and benefits from its own en-suite shower room, while the second bedroom measures approximately 18'2" x 9'8" A separate family bathroom serves the rest of the apartment.
A particularly useful feature is the separate utility/office room , offering valuable additional space that can be used for laundry and storage or adapted as a dedicated home-working area-an increasingly desirable feature for modern city living.
This stunning art deco building Was built as a department store In 1938 by the royal arsenal Co-operative society to serve the nearby community of royal Woolwich arsenal workers.
The building has retained many fine original features such as the grand staircase, period railings, mouldings and ceilings up to 3 metres high, which have been preserved and incorporated in this exciting new phase of rejuvenation.
Wick Tower is conveniently positioned in Woolwich , placing residents within easy reach of the area's extensive shops, restaurants and everyday amenities.
The wider neighbourhood has undergone significant regeneration, with the Thames riverside and green open spaces providing a welcome contrast to the area's excellent urban connectivity.
Transport is a particular advantage, with Woolwich Elizabeth Line station, Woolwich Arsenal DLR and National Rail services providing excellent connections towards Canary Wharf, the City, Central London and beyond.
The Elizabeth Line has transformed accessibility from Woolwich, making the area increasingly attractive to both owner-occupiers and investors.
Combining 850 sq ft of internal space, an exceptional 194 sq ft balcony, two generous bedrooms, two bathrooms and a separate office/utility room , this is a highly practical and spacious home in one of South East London's best-connected regeneration areas.
Get in touch with Lixing to arrange a private viewing - we’d be delighted to show you around and help you see whether this could be your next home.
Full Specification: Kitchen Nolte German white gloss kitchens with quartz worktops Tiled splashback Bosch appliances including integrated oven, hob, hood, fridge-freezer and dishwasher One bowl stainless steel sink with tap Lighting to underside of wall units Stainless steel electrical accessories above worktop Porcelain floor tiles Bathrooms Villeroy & Boch sanitaryware Hansgrohe Brassware Mirror cabinets with integrated shaver socket Full height ceramic wall tiles with contrasting floor tiles Electric underfloor heating with towel rails Living area Porcelain floor tiles Painted walls and ceilings Bedrooms Neutral carpets with underlay Painted walls and ceilings Communal Otis lift serving all floors Basement parking area Dedicated cycle storage Dedicated refuse areas Secure post boxes Electrical LED down lights to living, hall, kitchen and bedrooms All bathrooms have thermostatically controlled underfloor heating General Walls/ceilings finished in white matt emulsion with painted architrave and skirting boards Internal doors finished in real wood veneer with knurled stainless steel ironmongery Double glazed external doors and windows Concrete pavers with gravel border & fully glazed balustrades to terraces Heating and hot water provided by CHP Washing machine/dryer in utility room Energy metering system with display devices within apartment to monitor consumption and costs.
Wet underfloor heating system throughout living, bedroom & hallway.
Smart metering system for utilities with display devices within each flat Security Video door entry system Fob operated communal entrance doors, refuse, cycle storage and car park Mains operated smoke and heat detector CCTV Security to communal entrance EPC Rating: C Parking - Allocated Parking Disclaimer These particulars are provided as a general guide only and do not constitute, or form part of, any offer or contract.
All information, measurements and floor areas are approximate and should be independently verified.
Lixing has not tested any services, appliances or equipment and gives no warranty as to their condition or operation. Photographs, floor plans and illustrations are for guidance only.
Agency Registration Number NA062432
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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