Block of flats for sale

Woolwich SE18

New build off-plan reassignment | Price Reduced for Sale – Luxury 1-Bed at Royal Arsenal Riverside

Estimated completion: Feb - May 2027

Unprecedented Below-Market Opportunity! Due to an urgent change in the vendor's personal plans, this brand-new, high-floor 1-bedroom apartment in Lantern Wharf (Plot 1007) is now priced for an immediate contract reassignment at an absolute bottom line of £420,000 (originally £485,000). With a projected rental income of about £27,000 per year, this investment delivers a staggering ~6.4% gross yield-an unbeatable financial profile for a premium Berkeley-built asset in today's market.

Elite Facilities & Security
- Secure Gated Living: Positioned within an exclusive, highly secure gated area in South Quay, offering ultimate peace of mind, high privacy, and a discrete sanctuary for residents.

- Five-Star Residents' Club: Enjoy full access to world-class, luxury on-site amenities, including a stunning swimming pool, a private state-of-the-art cinema, a fully equipped professional gym, and a dedicated 24-hour concierge service to handle your daily needs.

Property & View Highlights
- High-floor position boasting a bright, completely unblocked forward view, beautifully paired with pristine lateral views toward the River Thames.
- A generous, high-specification internal layout of 541 sq. Ft. Designed perfectly to attract high-earning corporate tenants.
- Benefit from a secure 999-year leasehold and £0 ground rent. Estimated service charge is highly competitive at ~£2,440/year (£4.51/sq. Ft.).
- Estimated completion Feb - May 2027 – lock in the ideal price before handover.

On-site Elizabeth Line Advantage:
Located right by the on-site Elizabeth Line station, offering lightning-fast transit across the capital: Reach Canary Wharf in just 7 minutes, Liverpool Street (The City) in 14 minutes, and Bond Street (Central and soho) in 21 minutes. 55 minutes to Heathrow Airport. Perfect for city professionals demanding both luxury living and an effortless commute.

Quick Financial Summary
Original Asking Price: £485,000
Flash Sale Net Price: £420,000
Size: 541 sq. Ft
Projected Rent: ~£27,000 / year
Projected Gross Yield: ~6.4%
Leasehold: 999 Years Est.
Service Charge: £4.51 per sq. Ft. / year (~£2,440 / year)