Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

This modern one-bedroom apartment in Fero House, Lombard Square, offers a stylish and functional living space ideal for first-time buyers or investors. The open-plan living, kitchen, and dining area is bright and spacious, complemented by a private balcony that enjoys morning sunlight. The well-proportioned bedroom includes a built-in wardrobe, while the bathroom features contemporary fittings. Situated on the fourth floor, this property benefits from excellent views and a quiet setting within a vibrant community.

Located in the SE28 postcode, this apartment provides convenient access to Woolwich Arsenal station, enabling swift travel into central London. The surrounding area is undergoing significant regeneration, promising enhanced amenities and infrastructure in the near future. Residents will appreciate proximity to green spaces, shops, and a variety of dining options, making this an attractive home or rental investment.

Property Features

The apartment boasts a thoughtfully designed open-plan living and kitchen area that maximizes space and light. The inclusion of a home office nook caters to remote working needs, while the balcony provides outdoor space perfect for relaxation. Storage solutions such as a utility cupboard and built-in wardrobe enhance functionality. Positioned on the fourth floor, the property benefits from elevated views and reduced street noise.

BalconyOpen-plan LivingBuilt-in WardrobeUtility CupboardHome Office SpaceFourth Floor+1

Local Amenities

The property is well-served by Woolwich Arsenal station, offering excellent rail and DLR connections to central London and Canary Wharf. Nearby, the Royal Arsenal Riverside development provides shopping, leisure, and dining options. Woolwich Market and local supermarkets cater to daily needs, while Plumstead Common offers green space for outdoor activities. Several reputable schools in the vicinity make this location suitable for families as well as professionals.

Woolwich Arsenal StationRoyal Arsenal RiversideWoolwich MarketPlumstead CommonWoolwich LibraryLocal Schools+2
Woolwich Arsenal Train Station (0.5 miles, 3 mins drive) • 30 mins to Central London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£400,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£167/mo
Estimated Ground Rent£13/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£400,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£167/mo
Estimated Ground Rent£13/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good transport links to central London
Ongoing regeneration boosts future value
Limited immediate local amenities compared to central areas

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£400,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£167/mo
Estimated Ground Rent£13/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.3%
Based on £2,100/mo rent
Area Price Growth
+0.6%
Average annual increase
5-Year Value Forecast
£412,965
+£12,965 projected gain
5-Year Rent Forecast
£2,330/mo
Based on 2.1% annual growth
Price per Sq Ft£729
Annual Rent Income£25,200
10-Year ROI252%
Break-Even Point22 yrs

Property Value Projection

Based on 0.6% annual growth
£412,965
5yr
£426,350
10yr
£440,169
15yr
£454,436
20yr
£469,165
25yr
Current: £400,000

Monthly Rental Income

Based on 2.1% annual growth
£2,330
5yr
£2,585
10yr
£2,868
15yr
£3,182
20yr
£3,531
25yr
Current: £2,100/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Cannon Street
30 mins
50 mins
London Heathrow Airport
1h 20m
1h 10m

Sun Path & Natural LightAI generated - Estimated

NESW
East-Facing Morning Sun
5h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Bedroom
Morning Good
Afternoon Low
Evening Low

Location Scores

65
Walk Score
Somewhat Walkable
70
Transit Score
Excellent Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use Residential and Commercial+Positive Impact
Woolwich Town Centre Regeneration
0.3 milesEst. 2025
Transport Infrastructure+Positive Impact
Crossrail Extension Plans
1.0 milesEst. 2028
* Information based on local planning applications and may be subject to change

Loading location insights...

£400,000
AvailableNB0000026694
View Location Analytics

Property 8.1-04-01, Fero House

Lombard Square, Plumstead SE28 0FA
Lombard Square
1
Bedrooms
1
Bathrooms
549
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 8.1-04-01
1 plot(s) available
Ownershipleasehold

Request Information

£400,000Property 8.1-04-01, Fero House

Enquire About This Property

Property 8.1-04-01, Fero House
Property 8.1-04-01, Fero HouseLombard Square£400,000

Property Assistant

Ask me anything