£510,000 - A Lovely Two Bedroom Conversion Flat With Exposed BrickworkRoyal Arsenal, SE18 6RU
The old and the new
You may know that work is well under way on the Crossrail station that will complete the area's already excellent commuter links, but did you know that when the Royal Arsenal Riverside was a working Arsenal it had it's own railway line?
Whilst today there are very few visible signs of the tracks on the Royal Arsenal Riverside you will find the manicured open space of Wellington Park, the ease of a short walk to the River Thames.
Building 47 has a unique communal entrance hall which greats you once you are through the secure glass doors with a circular tiled '47' to the centre of the carpeted floor.
Located on the second floor the flat has huge arched windows which makes the flat naturally light and bright.
A good sized entrance hall greets you upon entering the flat with the spiral stairs to the upper floor and doors to a downstairs bathroom and the living/kitchen room.
The living room has some double height with lots of exposed brickwork and as mentioned earlier two large windows which let in a lot of light.
To the rear of the living room is the fitted kitchen with lots of work surface space and cherry wood fronted units. The built in appliances include gas hob, electric oven, extractor hood and dishwasher.
The bedrooms are on the upper level and has an ensuite shower, is a generous double, with ample space for wardrobes, and other furniture as required. The second bedroom is a generous double too.
The property is great for first time buyers or investment purposes.
Lease Term - Approx. 985 years
Ground Rent – Approx £200 per annum
Service Charge - Approx £2400per annum
Living/Dining/Kitchen: 23ft 7" x 22ft 6" (7.19m x 6.86m)
Bedroom: 15ft 11" x 10ft 11" (4.85m x 3.3m)
Bedroom 2: 15ft 0" x 11ft 3" (4.57m x 3.43m)
Total Sq M/Ft = 990sqft - 92sqm
All measurements are approximate.
The Royal Arsenal Riverside maybe a little known riverside development to some, to others it is 'home'. Possibly drawn to live here for its unique mix of Listed Buildings and newly built townhouses or flats with modern contemporary interiors or simply due to the easy access to all the Capital city has to offer.
For the commuters amongst you the Royal Arsenal puts you minutes away from the enviable commuter links of the area, with Canary Wharf 19 minutes away on the DLR, the 02 accessible in 8 minutes by the Thames Clipper and London Bridge can be reached in 23 minutes by South East trains. All this means that you are spoilt for choice when it comes to access to culture, cuisine and shopping! This will be further enhanced with a Cross Rail station opening on site in the coming years, slashing journey times by as much as 50%.
This will be further enhanced with a CrossRail station opening on site in 2020 slashing journey times by as much as 50%.
Property Hot Spot
The Woolwich Royal Arsenal is one of the most exciting redevelopment and rejuvenation projects in London. The Royal Arsenal has already established a village community that is set to grow and improve beyond recognition. It was a former military barracks, parade ground and munitions storage and factory site dating from 1761 and is built on wide open spaces that have been beautifully landscaped on the banks of the Thames. It already has an established village community with significant commercial/social infrastructure that is set to grow and improve beyond recognition over the next few years once Crossrail is up and running.
This is your chance to be part of the next London property hot spot at entry-level prices, allowing you to benefit from great value for money and exciting potential capital gains.
The Royal Arsenal is a beautiful, private riverside gated development with:
- 24-House Concierge, Parcel Reception and Security.
- Onsite Parks and Riverwalks
- Boulangerie Jade - Bakery and Cafe
- Dry Cleaning Services
- Massage Salon
- Young's Brewery Gastro Pubs - The Dial Arch and The Guardhouse
- Farmers' Market
- Car Hire and Electric Vehicle Charging Points
- Tesco Express, Marks and Spencer's Food and Sainsbury's Local
- Con Gusto Italian Restaurant
- Medical Centre with GP's Surgery and Pharmacy
- Private Dentist
- Children's Nursery and Daycare
- Children's Activity Centre
- The Taproom Craft Brewery and Pub and Restaurant
- 7R Gym and Crossfit
- Royal Arsenal Boot Camps
- Stephen James Car Showroom
Travel and Shopping
5 to 10 minutes' walk from Woolwich's high street, cafes and market. Royal Arsenal is the perfect place for anyone waiting to trade crowded Central London for space and style while keeping within easy commuting distance.
Crossrail Station - Projected opening date 2020. The station is on the development and will take circa 10 minutes to Canary Wharf, 15 minutes to Liverpool Street and 25 minutes to Bond Street. It will be direct to Heathrow. When finished it will connect all the way to Reading.
Train - 5 minute walk to Woolwich Arsenal Station and 20 to 30 minutes into the city centre - London Bridge, Cannon Street and Charing Cross Stations
DLR - 5 minute walk to Woolwich Arsenal DLR station and around 25 minutes into London’s Bank Station. Trains run approximately every 4 minutes. Destinations include City Airport 5 minutes, Canary Wharf 19 minutes and Stratford 23 minutes.
Tube - North Greenwich station - Jubilee Line is easily accessible by bus and boat, or Canning Town on the DLR
Boat - Thames Clippers - The river boat takes you to Canary Wharf in approximately 23 minutes and many stops through to Central London and Waterloo Visit for information and timetable.
It's perfect for the 02, Canary Wharf, City and West End. London City Airport is only two stops away by DLR - its close enough for convenience but Royal Arsenal does not have any overhead flights.
Future plans for the Royal Arsenal
Huge investment is being made on the Royal Arsenal development, including onsite restaurants and wine bars, new retail space, a new hotel, Elizabeth Line Cross Rail Station coming soon and the newly announced Dash Arts Cultural Centre, a theatre and arts arena coming in 2019/2020.
Regeneration of Woolwich
A new Civic Centre on Wellington Street provides a new library, post office and cafe/bar. Behind the centre a brand-new Tesco superstore has recently opened alongside a town centre car park and 1000 new homes. The Tesco store is an eco-store powered by solar panels and wind turbines, and has a farmers' market selling local produce, and two children's playgrounds.
At the western end of Powis Street, there is a designated development are known as the Woolwich Triangle - construction will soon commence for a new shopping centre with a major retailer taking centre stage. The Triangle development will include a leisure space, cafes and restaurants. The whole area covers an area of 300,000sqft and will revitalise the whole western end of the Town Centre as a car-free zone. Woolwich gets its own 'West End'. In fact British Land recently spent £100M acquiring land and buildings in Woolwich.
The High Street will also benefit from the restoration of the existing Grade II listed buildings to give extra character and focus. The old Co-op building has now been refurbished with more buildings to be done. Once refurbished these historic buildings will accommodate new retail brands and major high street names, the whole area will become more vibrant during the day and in to the evening with new coffee bars and restaurants.
£6.6million was recently spent on the redesign of General Gordon Square and Beresford Square near to the Woolwich Arsenal DLR and Train stations. This is now complete, and features include new landscape planting, seating areas, a large digital media display for sporting and public events and a new water feature.
Please note: Care is taken in preparing the property details, dimensions and photos, however the accuracy of all the above is in no way guaranteed nor do these details form part of any contract. Prospective purchasers are advised to check all details via their solicitors.