2 Bed Flat, Single Let, London, SE18 6JH, £165,000

Flat 814 The Vista Building, 30 Calderwood Street, Woolwich, London, SE18 6JH - 22 days ago

Leasehold

Auction

BTL

ROI: 16%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£114K - £700K
Sold Prices/m²	£2.9K/m² - £5.9K/m²

Square Metres	~68.11 m²
Price/m²	£2.4K/m²
Value Estimate	£206,250£206,250
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£41,250£41,250
Stamp Duty & Legal Fees	£10,250£10,250
Total Cash In	£51,500£51,500

Cash Out
Rent Range	£1,200 - £3,900£1,200 - £3,900
Rent Estimate	£1,525
Running Costs/mo	£841£841
Cashflow/mo	£684£684
Cashflow/yr	£8,213£8,213
ROI	16%16%
Gross Yield	11%11%

Local Sold Prices

50 sold prices from £114K to £700K, average is £389K. £2.9K/m² to £5.9K/m², average is £4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£220K	01/21	0.09 mi	Flat 211, Maritime House, Greens End, London, Greater London SE18 6HB	-	-	2	Flat
£265K	02/23	0.2 mi	Flat 4, Fraser House, Kingsman Street, London, Greater London SE18 5RR	-	-	2	Flat
£275K	12/20	0.27 mi	16, St Mary Street, London, Greater London SE18 5AL	£3,667	75	2	Flat
£197K	06/21	0.32 mi	Flat 15, Bingham Point, Wilmount Street, London, Greater London SE18 6RJ	-	-	2	Flat
£365K	06/21	0.32 mi	Flat 9, Artillery House, Connaught Mews, London, Greater London SE18 6SU	-	-	2	Flat
£335K	02/23	0.35 mi	Flat 106, Lower Mast House, Mast Quay, London, Greater London SE18 5NF	-	-	2	Flat
£420K	10/23	0.36 mi	Flat 96, Building 45, Hopton Road, London, Greater London SE18 6TJ	-	-	2	Flat
£450K	02/21	0.37 mi	Flat 364, Building 22, Cadogan Road, London, Greater London SE18 6YR	-	-	2	Flat
£417.5K	03/21	0.37 mi	Flat 306, Building 22, Cadogan Road, London, Greater London SE18 6YR	-	-	2	Flat
£390K	09/21	0.37 mi	Flat 103, Building 22, Cadogan Road, London, Greater London SE18 6YS	-	-	2	Flat
£120K	06/23	0.37 mi	Flat 67, Building 22, Cadogan Road, London, Greater London SE18 6YS	-	-	2	Flat
£430K	07/23	0.37 mi	Flat 120, Building 22, Cadogan Road, London, Greater London SE18 6YL	-	-	2	Flat
£240K	04/21	0.38 mi	6, Lamport Close, London, Greater London SE18 5PY	£3,934	61	2	Flat
£114K	03/23	0.4 mi	Flat 39, Churchill Court, Rush Grove Street, London, Greater London SE18 5DN	-	-	2	Flat
£542.5K	07/23	0.4 mi	Flat 168, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£460K	02/23	0.4 mi	Flat 160, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£487.5K	11/20	0.4 mi	Flat 162, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£485K	02/23	0.4 mi	Flat 143, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£225K	03/23	0.4 mi	45, Belson Road, London, Greater London SE18 5PU	£3,516	64	2	Flat
£575K	06/21	0.4 mi	Flat 2, Building 37, Cadogan Road, London, Greater London SE18 6RB	-	-	2	Flat
£700K	11/20	0.41 mi	Apartment 4, Foundry House, Arsenal Way, London, Greater London SE18 6TE	-	-	2	Flat
£165K	11/21	0.42 mi	Flat 46, Sovereign House, Europe Road, London, Greater London SE18 5QN	-	-	2	Flat
£560K	11/21	0.45 mi	Flat 57, Building 36, Marlborough Road, London, Greater London SE18 6XD	-	-	2	Flat
£368K	07/23	0.48 mi	50a, Frederick Place, Plumstead, London, Greater London SE18 7BH	-	-	2	Flat
£440K	05/21	0.5 mi	Flat 31, Building 49, Argyll Road, London, Greater London SE18 6XB	-	-	2	Flat
£450K	03/21	0.5 mi	Flat 29, Building 49, Argyll Road, London, Greater London SE18 6XB	-	-	2	Flat
£450K	09/23	0.5 mi	Flat 22, Building 49, Argyll Road, London, Greater London SE18 6XB	-	-	2	Flat
£567.5K	06/23	0.5 mi	Flat 4, Building 49, Argyll Road, London, Greater London SE18 6XB	-	-	2	Flat
£580K	02/23	0.51 mi	Flat 33, Building 49, Argyll Road, London, Greater London SE18 6XB	-	-	2	Flat
£440K	05/21	0.52 mi	Apartment 194, Building 50, Argyll Road, London, Greater London SE18 6PL	-	-	2	Flat
£405K	09/21	0.52 mi	Apartment 296, Building 50, Argyll Road, London, Greater London SE18 6PP	-	-	2	Flat
£455K	07/23	0.52 mi	Apartment 27, Building 50, Argyll Road, London, Greater London SE18 6PG	-	-	2	Flat
£467.5K	11/21	0.52 mi	Apartment 209, Building 50, Argyll Road, London, Greater London SE18 6PL	-	-	2	Flat
£485K	04/21	0.52 mi	Apartment 126, Building 50, Argyll Road, London, Greater London SE18 6PJ	-	-	2	Flat
£450K	03/23	0.52 mi	Apartment 69, Building 50, Argyll Road, London, Greater London SE18 6PG	-	-	2	Flat
£470K	10/21	0.56 mi	Apartment 193, Building 50, Argyll Road, London, Greater London SE18 6PL	-	-	2	Flat
£465K	04/23	0.56 mi	Apartment 223, Building 50, Argyll Road, London, Greater London SE18 6PL	-	-	2	Flat
£244K	01/21	0.56 mi	86, Antelope Road, London, Greater London SE18 5QG	£4,000	61	2	Flat
£250K	03/21	0.56 mi	32, Antelope Road, London, Greater London SE18 5QG	£4,098	61	2	Flat
£388K	03/21	0.57 mi	Flat 1, St James Heights, Burrage Road, London, Greater London SE18 7HH	-	-	2	Flat
£355K	06/21	0.57 mi	Flat 39, Schoolhouse Yard, Bloomfield Road, London, Greater London SE18 7JD	-	-	2	Flat
£300K	12/20	0.58 mi	13, Invermore Place, London, Greater London SE18 7DJ	£4,000	75	2	Flat
£340K	12/22	0.58 mi	119, Erebus Drive, London, Greater London SE28 0GB	£5,667	60	2	Flat
£307.5K	04/21	0.6 mi	Flat 5, Paddle Steamer House, Pettacre Close, London, Greater London SE28 0PD	-	-	2	Flat
£308K	01/23	0.6 mi	Flat 8, Paddle Steamer House, Pettacre Close, London, Greater London SE28 0PD	-	-	2	Flat
£313K	01/23	0.6 mi	Flat 12, Paddle Steamer House, Pettacre Close, London, Greater London SE28 0PD	£4,639	67	2	Flat
£330K	06/23	0.61 mi	75, Pettacre Close, London, Greater London SE28 0BX	£5,893	56	2	Flat
£330K	11/22	0.62 mi	52, Pettacre Close, London, Greater London SE28 0GX	£5,238	63	2	Flat
£225K	04/21	0.63 mi	157, Nightingale Place, London, Greater London SE18 4HW	£2,922	77	2	Flat
£114K	05/21	0.64 mi	Flat 13, Wilson Court, Allenby Road, London, Greater London SE28 0AL	-	-	2	Flat

Local Rents

47 rents from £1.2K/mo to £3.9K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	08/24	0.01 mi	-	2	House
£2,100	03/25	0.01 mi	-	2	Flat
£2,000	08/24	0.02 mi	Calderwood Street, London, SE18	2	Flat
£2,000	08/24	0.02 mi	-	2	House
£1,800	02/25	0.02 mi	-	2	Flat
£1,733	01/25	0.02 mi	-	2	Flat
£1,900	02/25	0.02 mi	-	2	Flat
£3,900	08/24	0.07 mi	Sopwith Way, London	2	Flat
£1,200	08/24	0.07 mi	Central Woolwich, SE18	2	Flat
£2,195	08/24	0.08 mi	Polytechnic Street, Woolwich, London, SE18	2	Flat
£2,000	12/24	0.08 mi	-	2	Flat
£1,950	04/25	0.09 mi	-	2	Flat
£1,600	10/23	0.09 mi	Market Street, London, SE18	2	Flat
£2,200	08/24	0.09 mi	Maritime House, London	2	Flat
£2,200	08/24	0.1 mi	Greens End, Woolwich, SE18	2	Flat
£1,900	02/25	0.1 mi	-	2	Flat
£1,500	12/24	0.1 mi	-	2	Flat
£1,685	11/24	0.1 mi	-	2	Flat
£1,685	04/25	0.1 mi	-	2	Flat
£1,550	01/25	0.1 mi	-	2	Flat
£1,700	02/25	0.1 mi	-	2	Flat
£2,200	08/24	0.11 mi	Maritime House, Greens End, London, SE18 6HB	2	Flat
£2,450	08/24	0.11 mi	2 Greens End, London, SE18	2	Flat
£1,700	08/24	0.12 mi	Greens End, Woolwich, SE18	2	Flat
£2,200	08/24	0.12 mi	Maritime House,	2	Flat
£1,800	09/24	0.13 mi	-	2	Flat
£2,167	08/24	0.13 mi	Union House, Bunton Street, Woolwich SE18	2	Flat
£2,037	08/24	0.13 mi	Union House, Bunton Street, Woolwich SE18	2	Flat
£2,250	04/25	0.13 mi	-	2	Flat
£1,795	08/24	0.13 mi	Greens End, London	2	Flat
£2,000	08/24	0.14 mi	Union House, Bunton Street, SE18	2	Flat
£2,150	08/24	0.14 mi	Love Lane London SE18	2	Flat
£1,600	08/24	0.14 mi	Powis Street, Woolwich, SE18	2	Flat
£2,400	02/25	0.14 mi	-	2	Flat
£2,250	03/25	0.14 mi	-	2	Flat
£2,200	01/25	0.14 mi	-	2	Flat
£2,500	08/24	0.14 mi	Wick Tower, Woolwich, SE18	2	Flat
£2,200	04/25	0.14 mi	-	2	Flat
£1,895	08/24	0.14 mi	Beresford Street, London, SE18	2	Flat
£1,845	08/24	0.14 mi	Beresford Street, London, SE18	2	Flat
£2,200	08/24	0.14 mi	Wick Tower, Powis Street, London, SE18	2	Flat
£2,800	08/24	0.15 mi	Royal Arsenal, SE18	2	Flat
£2,800	08/24	0.15 mi	Brigadier Walk, Royal Arsenal Riverside, SE18	2	Flat
£2,800	09/24	0.15 mi	Brigadier Walk, Royal Arsenal Riverside, SE18	2	Flat
£2,200	08/24	0.16 mi	Wellington Street London SE18	2	Flat
£1,950	04/25	0.16 mi	-	2	Flat
£2,200	08/24	0.16 mi	Wellington Street, London, SE18	2	Flat

Local Area Statistics

Population in SE18	75,84075,840
Population in London	4,771,9214,771,921
Town centre distance	7.77 miles away7.77 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.15 miles away0.15 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-8%-8%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Listed for £165,000

April 2, 2025

Floor Plans

Description

Guide Price = **£165,000+

For Sale By Public Auction 23rd April 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack

A Vacant Eighth Floor Two Bedroom Flat

**Tenure
Leasehold. The property is held on a 150 year lease from 1st January 2004 (thus approximately 128 years unexpired).

Location
The property is located in Woolwich, South East London, near local shops, amenities, and the open spaces of Barrack Field. Transport links include Woolwich DLR and Woolwich Arsenal rail station, just 0.2 miles away, offering access to the Elizabeth line (25 minutes to Tottenham Court Road and Bond Street & London Heathrow in 60 minutes.

Description
The property comprises an eighth floor two bedroom flat situated within a purpose built block arranged over ground and ten upper floors.

Accommodation
Eighth Floor
Open Plan Reception/Kitchen Room
Two Bedrooms (One with En-Suite)
Bathroom

Exterior
The property benefits from an allocated parking space.

EPC Rating
C

Viewing Appointments to be Confirmed - Video Walkthrough Available

Agent Details

Auction House London, Hampstead

020 3897 6030

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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