£320,000 Unique 1 Bedroom Flat Great For 1st Time Buyers Or InvestmentRoyal Arsenal, SE18 6YS
To get you on the right property track or line up a cute investment is this one bedroom raised ground floor starter/investment property. Investors will see a regular return of around £1100 per month, whilst First time buyers will be buying on a prime Riverside Development.
Located in Building 22 which is the former Central/Head Office for the Royal Arsenal you are positioned in the heart of the development.
Positioned on the raised ground floor of building 22, east facing which faces towards the 24 hour concierge. The property is immaculately presented and is uniquely laid out!
The living area has a unique shape which adds to the character of the property with 3 big windows to let in lots of natural light and the spiral staircase to the bedroom.
To the left of the living room is the modern kitchen. The built in appliances include ceramic hob, oven, extractor and space for a fridge/freezer. Opposite you still have enough room to fit a full size dining table.
The Bathroom which is also located on the ground floor Is modern and has tiled floors and part tiled walls.
The bedroom, which has been newly painted, is a good size to fit a double bed, wardrobes and chest of drawers. The bedroom as a low level window south facing and an internal window overlooking the living room.
The Bathroom Is modern and has tiled floors and part tiled walls.
Lease Term - 114 Years Remaining
Service Charge & Ground Rent – Approx £1446 per annum
Living/Dining/Kitchen: 31ft 8" x 12ft 4" (9.65m x 3.76m)
Bedroom 1: 15ft 1" x 13ft 8" (4.60m x 4.17m)
Total Sq M/Ft = 589sqft - 54.7sqm
All measurements are approximate.
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 even further 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-Hours Concierge, Parcel Reception and Security.
- Onsite Parks and Riverwalk’s
- Boulangerie Jade - Bakery and Cafe
- Dry Cleaning Services
- Massage Salon
- Young's Brewery Gastro Pubs - The Dial Arch and The Guardhouse
- Farmers' Market
- Care 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 - December 2018. 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. By December 2019 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 O2, 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 opening 2018 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 solicitor.