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See how verdicts work2-bedroom flat · SE18 6YU
No longer listedReduced £14.9k (−4%) on 5 AugListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quirky, loft style apartment, with underground parking, in a popular period conversion in the heart of this established landmark development, situated adjacent to the river, east of Greenwich and only a short stroll from the Elizabeth Line.
Crying out for a "bit of love" the property benefits from a reception with extended height windows overlooking courtyard below, double height ceiling, semi open plan kitchen with range of appliances and two double bedrooms (master with en suite).
Quirky, loft style apartment, with underground parking, in a popular period conversion in the heart of this established landmark development, situated adjacent to the river, east of Greenwich and only a short stroll from the Elizabeth Line.
Crying out for a "bit of love" the property benefits from a reception with extended height windows overlooking courtyard below, double height ceiling, semi open plan kitchen with range of appliances and two double bedrooms (master with en suite).
Area The Royal Arsenal is a former munitions factory & storage facility with a history dating back to 1671, that is being tastefully transformed to provide a blend of converted & new build residential properties, together with a central open space, bars, restaurants and an hotel.
Beautifully landscaped, the builder has taken great care to create a development that is a pleasure to live in, rather than yet another sterile 'stack of boxes'.
It retains a real sense of community yet retains a high degree of peace and tranquility, away from the 'big smoke'.
The development currently offers * 24 Concierge & Security * Residents Gym * 7R CrossFit Gym * PureGym * Two Youngs "gastro pubs" The Dial Arch & The Guardhouse * Salt Craft Beer & Pizzeria * Sushi Bar * Five on site cafés * Two theatres * Health Centre * Chemist * Dentist * Tesco Express * M&S Food Hall * Sainsburys * Dry Cleaning service * Zipcar Car Sharing Club * Fortnightly Farmers Market Situated east of Greenwich, adjacent to Woolwich Town Centre (offering an array of main street shopping and a vibrant street market) the development is easily reached by road & rail.
The Elizabeth Line station is no more than a short stroll away, which offers a direct route to Canary Wharf in as little as 8 minutes, Liverpool Street in less than 15 minutes and London Bridge / Cannon Street) in approx.
25 minutes, via the Main Line. London City Airport can also be reached in as little as 5 minutes via the DLR, with Stratford also accessible in approx. 20 minutes.
As far as nearby leisure is concerned, a short cab ride will take you to nearby Blackheath, Greenwich or, the O2 - where you will be spoilt for choice in terms of food, drink and nightlife.
As an alternative to the train or car, the Thames Clipper river bus service also docks immediately adjacent to the development and provides additional links with The O2, Greenwich, Canary Wharf, Tower Bridge, Blackfriars, The Southbank (Tate Modern) and beyond.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
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FAQ
About 129, Building 22, Cadogan Road
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