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Pier Way, Thamesmead, Greenwich, SE28 0GQ

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Tenanted Investment Opportunity
  • Top (first) Floor Apartment
  • Private Balcony
  • Bright And Spacious
  • Excellent Transport Links Via Elizabeth Line
  • Close To Local Shops And Amenities
  • Allocated Parking Space
  • Enquire For Walkthrough Video

Description

A well-presented first-floor (top-floor) two-bedroom apartment offering bright, contemporary living in a popular West Thamesmead development. Benefiting from its top-floor position, the property enjoys added privacy together with the valuable advantage of a private balcony, providing an attractive outdoor space with wonderful, peaceful views over well-maintained mature trees, creating a tranquil setting to relax and unwind.

The accommodation comprises two generously sized bedrooms, a modern family bathroom, a bright reception room with access to the balcony, and a fitted kitchen offering ample storage and workspace. Large windows throughout allow an abundance of natural light, creating a bright and welcoming living environment.


Situated in West Thamesmead nearby the stunning Woolwich Arsenal development, the property benefits from a wide range of local amenities including supermarkets, cafés, restaurants and leisure facilities. The nearby Thames Path provides scenic riverside walks. Woolwich town centre is within easy reach, with its excellent facilities and multiple direct transport connections across London. Elizabeth line services run direct to Canary Wharf, the City, West End, and Heathrow Airport. There are also national rail services to London Bridge and Cannon Street, and, via the DLR network, to many East London destinations.


This property presents an excellent investment opportunity in an area benefiting from ongoing regeneration and infrastructure improvements. Strong rental demand, excellent transport connections and significant long-term growth potential make this an attractive addition to any investment portfolio.

Financial Breakdown

Gross Rent: £17,400.00
Net income: £15,020.00
Gross yield: 6.96%
Net yield: 6.01%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08583
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Pier Way, Thamesmead, Greenwich, SE28 0GQ

Approximate location

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Affordability

Monthly repayments£1,254
Property: £ 250,000
Deposit: £ 25,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-08583. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.