Lease term remaining: 104 Years
Service charge: £1400 twice yearly to include buildings insurance
Ground rent: £200 per annum.
It is our opinion that this property should achieve a rent somewhere in the region of £1200 - £1250pcm. Providing an approximate gross annual yield of 5.05% - 5.26%.
Royal Borough of Greenwich - Band C.
Woolwich Arsenal Station, DLR Station & Crossrail Links - 1.2 Miles - accessible via Thames Path which is an approx 20 minute walk or by Bus numbers 244 & 380 from Warepoint Drive.
The property is located conveniently for the Royal Arsenal development which provides a Tesco express and the ever popular Royal Arsenal Riverside Farmers Market (details can be found on their Facebook page) as well as various businesses and a cafe.
Woolwich high street is approximately 20-25 minutes walk from the property and provides an array of local shops, businesses and restaurants as well as the site for the future Woolwich Crossrail.
Further information on the Crossrail can be found here:
Please Note: All measurements are approximate and are taken at the widest points. They should not be used for the purchase of furnishings or floor coverings. Please also note that The Property Cloud have not seen any paperwork relating to any building works that may have been carried out within this property, nor have we tried or tested any appliances or services. These particulars do not form part of any contract, floor plans & photographs, whether enhanced or not, are for general guidance only. We would strongly recommend that the information which we provide about the property, including distances or guidance on rental value, is verified by yourselves upon inspection and also by your solicitor before legal commitment to the purchase.