About This Property

Discover what makes this home special

This modern one-bedroom apartment in Fero House, Lombard Square, offers a stylish and comfortable living space ideal for young professionals or couples. Situated on the fourth floor, the property features an open-plan living, kitchen, and dining area that flows seamlessly onto a private balcony, providing a bright and airy environment. The bedroom is generously sized with built-in storage, and the bathroom is conveniently located off the hallway. The apartment benefits from a utility cupboard and a designated home office space, enhancing functionality within its 549 sq.ft of internal area.

Located in the SE28 postcode area, this property enjoys excellent connectivity to central London via Woolwich Arsenal station, just a short walk away. The surrounding area is undergoing significant regeneration, promising future growth and increased local amenities. Residents can enjoy nearby parks, shopping facilities, and a variety of dining options, making it a well-rounded urban living experience.

Property Features

The apartment boasts a thoughtfully designed open-plan living and kitchen area that maximizes space and natural light. The private balcony extends the living space outdoors, perfect for relaxation or entertaining. Additional features include a home office nook ideal for remote work, a utility cupboard for storage, and a well-appointed bathroom. The built-in wardrobe in the bedroom adds practical storage solutions, enhancing the overall functionality of the home.

Open-plan livingPrivate balconyUtility cupboardHome office spaceBuilt-in wardrobeModern bathroom+1

Local Amenities

The property benefits from proximity to Woolwich Arsenal station, providing swift access to central London and beyond. Residents have easy access to green spaces such as the Royal Arsenal Riverside Park and Thames Barrier Park, offering recreational opportunities. Woolwich Market and Tesco Superstore cater to everyday shopping needs, while local cafes and restaurants provide diverse dining options. Educational facilities and libraries in the area support family living and community engagement.

Woolwich Arsenal StationRoyal Arsenal Riverside ParkWoolwich MarketTesco SuperstorePlumstead CommonThames Barrier Park+2
Woolwich Arsenal Train Station (0.4 miles, 3 mins drive) • 25 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£405,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£169/mo
Estimated Ground Rent£14/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£405,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£169/mo
Estimated Ground Rent£14/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Upcoming Crossrail extension improves connectivity
Moderate rental demand in Woolwich area
Lower walk score compared to central London

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£405,000
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£169/mo
Estimated Ground Rent£14/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 £2,126/mo rent
Area Price Growth
+0.6%
Average annual increase
5-Year Value Forecast
£418,127
+£13,127 projected gain
5-Year Rent Forecast
£2,359/mo
Based on 2.1% annual growth
Price per Sq Ft£738
Annual Rent Income£25,512
10-Year ROI252%
Break-Even Point22 yrs

Property Value Projection

Based on 0.6% annual growth
£418,127
5yr
£431,679
10yr
£445,671
15yr
£460,116
20yr
£475,030
25yr
Current: £405,000

Monthly Rental Income

Based on 2.1% annual growth
£2,359
5yr
£2,617
10yr
£2,904
15yr
£3,222
20yr
£3,574
25yr
Current: £2,126/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
22 mins
40 mins
London Heathrow Airport
1h 15m
55 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-West-Facing Moderate
4h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

62
Walk Score
Somewhat Walkable
58
Transit Score
Good Transit
54
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use (Residential and Commercial)+Positive Impact
Woolwich Arsenal Regeneration Project
0.3 milesEst. 2027
TransportVery Positive Impact
Crossrail Extension (Elizabeth Line)
0.4 milesEst. 2024
* Information based on local planning applications and may be subject to change

Loading location insights...

£405,000
AvailableNB0000026695
View Location Analytics

Property 8.1-04-06, Fero House

Lombard Square, Plumstead SE28 0FA
Lombard Square
1
Bedrooms
1
Bathrooms
549
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 8.1-04-06
1 plot(s) available
Ownershipleasehold

Request Information

£405,000Property 8.1-04-06, Fero House

Enquire About This Property

Property 8.1-04-06, Fero House
Property 8.1-04-06, Fero HouseLombard Square£405,000

Property Assistant

Ask me anything