2 bed flat for sale

Pier Way, Thamesmead, Greenwich SE28

Pier Way, Thamesmead, Greenwich, Se28 0Gq

A well presented two bedroom apartment offering contemporary living in a sought after riverside development. The property comprises two generously sized bedrooms, one modern family bathroom and a bright reception room that provides an ideal space for both relaxing and entertaining. The fitted kitchen offers ample storage and workspace, while large windows throughout the apartment allow an abundance of natural light. This home is perfectly suited to first time buyers, professionals or investors seeking a well connected London property.

Situated in the heart of Thamesmead, 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, while Southmere Lake and surrounding green open spaces offer excellent opportunities for outdoor recreation. Abbey Wood station is within easy reach, providing Elizabeth line services with fast connections to Canary Wharf, the City and Heathrow Airport, together with regular bus services and convenient access to Woolwich and Greenwich.

This property presents an excellent investment opportunity within an area benefiting from substantial regeneration and ongoing infrastructure improvements. The introduction of the Elizabeth line has significantly enhanced connectivity and increased demand from both purchasers and tenants. With strong rental demand, continued investment in the local area and excellent potential for future capital growth, this apartment represents 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