Compact first-time buy or high-yield investment with concierge and pool..
505 sqft one-bedroom with open-plan living and private balcony
A compact, well-presented one-bedroom apartment in Washington Building, ideal for first-time buyers or buy-to-let investors seeking immediate income. The 505 sqft apartment features an open-plan living area with near floor-to-ceiling glazing and a private balcony that extends the living space. The fitted, integrated kitchen and built-in bedroom storage make the layout efficient and low-maintenance.
Residents benefit from building amenities including 24-hour concierge, a swimming pool, gym and secure bike storage — facilities that support rental appeal and everyday convenience. Transport links are strong: Deptford Bridge DLR and nearby mainline stations offer quick journeys to Canary Wharf, Bank and central London, which supports both commuter and investor demand.
Material facts to note: the property is leasehold with c.102 years remaining, a service charge of £2,468 pa and ground rent of £350 pa. Heating is electric (room heaters) rather than gas; buyers should consider ongoing energy costs and potential limitations around retrofit works in a managed building. The apartment is compact, so it suits singles, couples or investors rather than families needing larger space.
Overall, this apartment offers a straightforward, move-in-ready option with strong amenity provision and a reported yield above 6%, balanced by leasehold costs and electric heating considerations. It’s a practical choice for first-time buyers wanting central transport links or investors targeting reliable rental demand.
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