Building 45, Royal Arsenal, Woolwich SE18

Key features

• Furnished one bedroom apartment
• 3rd floor
• 24hr Concierge and Security
• Historic riverside development
• Available chain free
• Great investment with 6.5% gross rental yield

Full property description

This 500 square foot, one-bedroom apartment by the Thames in Royal Arsenal is offered chain-free.

The Apartment
The property entrance is housed in an old converted tower within the Royal Arsenal development. The apartment itself was built in 2003 and is located on the 3rd floor with lift access and a secure entry phone system.  The rooms are neutrally decorated and the property contains plenty of fitted storage. 

The Area
Royal Arsenal is a historic and characterful riverside development in London SE18 with local gastro pubs, independent cafes and shops.  The Woolwich Works development provides a local multi-disciplinary cultural venue with a raft of entertainment and creative opportunities. The site has onsite landscaped gardens, art installations and a riverside walk, providing plenty of local green space. There is a helpful 24-hour concierge with post room and full security service.

Travel information
Royal Arsenal is conveniently located with multiple public transport options. The Elizabeth lines provide speedy access to Canary Wharf (8 min) and the City in (17 min) and the DLR means London City Airport is just 5 minutes away.  The mainline rail station increases connectivity with regular trains to central London and out across Kent. The Uber river boat service has a nearby stop providing a pleasant way to travel with direct boat access to Greenwich and the city beyond.

Additional information
This property is ideal for first-time buyers or investors. The property is currently rented out, generating a monthly income of £1650. Based on a purchase price of £305,000 this would translate to a gross rental yield of approximately 6.5%.