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Sark Tower, Erebus Drive, London

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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

Key features

  • Excellent transport links (Woolwich Arsenal DLR & Elizabeth Line)
  • First Floor Apartment
  • Ideal first time buy, investment or downsize property
  • Rental Yield 7%
  • Secure underground parking
  • Day Porter

Description

Guide price £230,000.

A well-presented One bedroom apartment on the first floor, offered with the rare benefit of a secure underground parking space. Positioned in a popular riverside pocket of West Thamesmead with easy access to Woolwich, Abbey Wood and the Elizabeth line, this is a strong opportunity for a first-time buyer, downsizer or investor.

Key features:

-First floor with lift access
-Secure underground parking space included
-Bright reception room with balcony
-Fitted kitchen and modern bathroom
-Double bedroom
-Well-maintained communal grounds
-Elizabeth line at Woolwich within easy reach
-Ideal first purchase or buy-to-let investment (7% Yield)

The apartment is entered via a secure communal entrance, with the property occupying a first floor position. Internally, the accommodation opens to a private hallway with storage, leading through to a bright reception room offering ample space for both living and dining furniture. The kitchen is fitted with a range of wall and base units with space for appliances.

The double bedroom sits to the front of the property and benefits from good natural light.

Externally, the block sits along the Riverside and the property comes with its own space in the secure underground car park - a genuine advantage in this location and one that adds meaningfully to both resale appeal and rental demand.

Erebus Drive sits in Thamesmead West, a short distance from the Thames Path and the open green space and lakes the area is known for. Plumstead mainline station is nearby, while Abbey Wood and Woolwich both offer the Elizabeth line, putting Canary Wharf, Liverpool Street and the West End within a straightforward commute. Woolwich also provides DLR services and an extensive choice of shops, supermarkets, restaurants and leisure facilities, with further everyday amenities and schooling closer to hand. Several bus routes serve the immediate area.

Tenure and material information:

Tenure: Leasehold - 900 years remaining
Service charge: £4,500 per annum
Ground rent: £200.00 per annum
Council tax band: C - Royal Borough of Greenwich
EPC rating: C
Parking: Allocated space, secure underground car park


Council Tax Band: C
Tenure: Leasehold (900 years)
Ground Rent: £200 per year
Service Charge: £4,500 per year

Brochures

Brochure
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.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Underground
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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Sark Tower, Erebus Drive, London

Approximate location

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Affordability

Monthly repayments£1,110
Property: £ 230,000
Deposit: £ 23,000
Interest rate: 4.99%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Eldridge Estates, London

30 Plumstead High Street, London, SE18 1SL
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A Modern, Independent, Family Business Who Pride Ourselves On Great Service & Results

We are an estate agency with extensive knowledge of Plumstead, Woolwich, Thamesmead and the whole of the South East London area.

We offer an extensive range of services to help sell or let your property all across London and Kent.

With years of experience in providing our exceptional services, we have built a wealth of knowledge in residential sales, lettings, property management and investment. Eldridge Estates provides a wide-ranging property portfolio management service through lettings and management.

The Eldridge Estate's team of dedicated, experienced specialists handle all areas of a property sale, lettings and management.

Our highly talented professional team will assist and advise you on your purchase with lettings and administration, to ensure that your investments are proactively managed throughout the entire process.

PRS & CMP registered company

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Disclaimer - Property reference RS0143. 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 Eldridge Estates, London. 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.

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