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Guide price £255,000 leasehold

Apartment - Polytechnic Street, SE18

A vacant, well-presented vacant second floor, dual-aspect two-bedroom, two-bathroom apartment ideally positioned in the heart of Woolwich, offering an excellent opportunity for both owner-occupiers and investors.

The property features a generous open plan living area with a fully fitted kitchen and direct access to a south-east facing balcony, a larger-than-average principal bedroom also benefitting from balcony access, a second double bedroom, modern family bathroom, and ample storage. Further benefits include lift access, secure bike storage and intercom entry.

Located in a highly convenient location, the apartment is within easy reach of Woolwich town centre and the vibrant Royal Arsenal development, offering a wide range of shops, restaurants, bars and leisure facilities. Excellent transport connections are available via Woolwich Arsenal station (DLR, Southeastern and Thameslink) and Woolwich station Plumstead Road (Elizabeth Line) and Thames Clipper, ensuring fast access into Central London.

With an estimated rental value of £2,000 per calendar month, the property offers an attractive gross yield of approximately 9.4% based on the guide price, making it a compelling investment opportunity.

Talk to William Chidley from John Payne (Estate agents in Woolwich)

 

Use our calculator to work out potential mortgage repayments and stamp duty costs. Please note, these calculators are for general interest only and must not be relied on. Speak to our Mortgage Scout team for further information and advice. 

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