Flat 405 The Vista Building, 30 Calderwood Street, Woolwich, London, SE18 6JG

Description

A Vacant Fourth Floor One Bedroom Flat. The property comprises a fourth floor one bedroom flat situated within a purpose built block arranged over ground and ten upper floors.

Accommodation

Fourth Floor: Reception Room with Open-Plan Kitchen, Bedroom, Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of St. Mary's Gardens are within easy reach. Transport links are provided by Woolwich underground station (Elizabeth line) and rail station.

Tenure / Property Information

Investment Analysis

Same-building completed sales range from £110,000 to £190,000. The latest supplied sale was £150,000 on 23 March 2026. With no floor area, exact comparable unit details or condition evidence, £150,000 is used as the base GDV; £110,000 and £190,000 are used as evidence-supported low and high scenarios. The range demonstrates material valuation uncertainty.

Investment Snapshot

Strategy Recommendation

Potentially suitable for cautious BTL consideration at or below the guide, subject to inspection, achieved-rent validation and full leasehold/legal-pack checks. Do not bid on the supplied evidence alone at a price materially above the guide.

Works Required

No condition defects or refurbishment requirements are supplied, so specific works and a refurbishment budget cannot be supported. Obtain a viewing, lease review and legal-pack review before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £150,000 base GDV, 75% refinance is £112,500. However, refurbishment costs, service charges, legal costs, finance costs and other acquisition costs are not supplied, so cash required and cash left in cannot be calculated. The strategy depends on confirming value, rent and all leasehold charges.

Buy-to-Let Analysis

The supplied rental evidence is one advertised asking rent of £550 pcm, equivalent to £6,600 annually. This produces a 6.0% gross yield against the £110,000 guide, before service charge, ground rent, management, voids, maintenance, finance and acquisition costs. Achieved rent and recurring property charges are unverified, so net yield cannot be established.

Flip Analysis

The base GDV is £150,000, but refurbishment costs, purchase costs beyond the known £1,800 administration charge, selling costs and property condition are not sufficiently evidenced. A reliable flip surplus and maximum bid cannot therefore be calculated.

Investor Risks & Due Diligence

• Same-building completed sales vary materially from £110,000 to £190,000.

• The supplied rent is a single advertised asking rent, not an achieved or passing rent.

• Condition and any required refurbishment works are unknown.

• Service charge, ground rent, council tax, parking and heating details are not supplied.

• The £1,800 administration charge is known, but buyer premium and any legal-pack disbursements are not quantified.

• Leasehold title has approximately 128 years unexpired, but other lease terms and charges are not supplied.

Recommendation

Potentially suitable for cautious BTL consideration at or below the guide, subject to inspection, achieved-rent validation and full leasehold/legal-pack checks. Do not bid on the supplied evidence alone at a price materially above the guide.

Strategy Rating

Analysis Confidence

There are five completed sales in the same building, including a recent £150,000 sale, but unit details, floor areas, condition, leasehold charges, achieved rent and full acquisition costs are unavailable.