**CASH BUYERS ONLY**
Situated on an upper floor within the highly desirable Vista Building, this modern one bedroom apartment offers contemporary living in the heart of Woolwich. Beautifully presented throughout, the property comprises a spacious open-plan living and dining area, a well-appointed fitted kitchen, a generous double bedroom with ample space for storage, and a stylish family bathroom finished to a high standard. The property also benefits from a private balcony, providing valuable outdoor space and an ideal place to relax.
The apartment enjoys bright and airy interiors, with large windows flooding the living space with natural light and creating a welcoming environment throughout. Further enhancing the property are newly installed windows and a recently fitted fire door, offering added comfort, security and peace of mind.
Being sold with tenants in situ, this property represents an exceptional investment opportunity. The current tenants have resided at the property for approximately 10 years and have maintained it to an excellent standard, as evidenced by the condition shown in the photographs. The property currently generates £1,100 per calendar month (£13,200 per annum), providing an impressive gross yield of approximately 13.2% at the asking price.
Residents of the Vista Building enjoy easy access to an excellent range of local amenities, including supermarkets, cafés, restaurants, bars and retail facilities found throughout Woolwich Town Centre and the nearby Royal Arsenal development. The area also offers a variety of leisure facilities, green open spaces and riverside walks along the Thames.
Transport links are exceptional, with Woolwich Arsenal Station providing National Rail, DLR and Elizabeth Line services, offering fast and convenient connections into Canary Wharf, the City, Central London and beyond. Numerous bus routes also serve the area, making commuting and travel straightforward.
This fantastic apartment presents an excellent opportunity for investors seeking a strong rental return whilst acquiring a modern, well-maintained property in one of South East London's most well-connected locations. Contact us today to arrange a viewing.
Please note than an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Auctioneer Comments:
This property is offered through Modern Method of Auction. Should you view, offer, or bid your data will be shared with the Auctioneer, IAMSold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with IAMSold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.