About This Property

Discover what makes this home special

This modern one-bedroom apartment in Myro House, Lombard Square, Plumstead, offers a stylish and comfortable urban living experience. Featuring a spacious open-plan living, kitchen, and dining area that opens onto a private balcony, the property benefits from natural light and a well-thought-out layout. The bedroom is generously sized with an integrated wardrobe, complemented by a contemporary bathroom and useful utility and storage cupboards. Situated on the third floor, this apartment is ideal for first-time buyers or investors seeking a well-connected London property.

Property Features

The apartment boasts a bright and airy open-plan living space that maximizes the use of its 546 sq.ft. The balcony provides an outdoor retreat with a south-east aspect, perfect for morning sun. Practical features include built-in storage cupboards and a utility space, enhancing convenience and functionality. The third-floor location ensures privacy and quieter surroundings within this secure development.

BalconyOpen-plan LivingIntegrated WardrobeUtility CupboardThird FloorModern Bathroom+1

Local Amenities

Lombard Square benefits from proximity to Woolwich Arsenal station, providing excellent transport links into central London. Local amenities include Plumstead Common for outdoor recreation, a variety of shops and supermarkets nearby, and several well-regarded schools such as Plumstead Manor School and St. Joseph's Catholic Primary School. The area is supported by frequent bus routes, enhancing connectivity for residents.

Woolwich Arsenal StationPlumstead CommonRoyal Arsenal RiversideLocal ShopsSchoolsParks+1
Woolwich Arsenal Train Station (0.6 miles, 3 mins drive) • 30 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£362,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£151/mo
Estimated Ground Rent£12/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£362,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£151/mo
Estimated Ground Rent£12/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
68/100
ChallengingModerateGoodExcellent
Strong rental demand in SE London
Close proximity to Woolwich Arsenal station
Ongoing local regeneration projects
Limited outdoor space (balcony only)

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£362,500
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£151/mo
Estimated Ground Rent£12/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 £1,903/mo rent
Area Price Growth
+0.6%
Average annual increase
5-Year Value Forecast
£374,249
+£11,749 projected gain
5-Year Rent Forecast
£2,111/mo
Based on 2.1% annual growth
Price per Sq Ft£664
Annual Rent Income£22,836
10-Year ROI252%
Break-Even Point22 yrs

Property Value Projection

Based on 0.6% annual growth
£374,249
5yr
£386,380
10yr
£398,903
15yr
£411,832
20yr
£425,181
25yr
Current: £362,500

Monthly Rental Income

Based on 2.1% annual growth
£2,111
5yr
£2,343
10yr
£2,599
15yr
£2,884
20yr
£3,200
25yr
Current: £1,903/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
30 mins
50 mins
London Heathrow Airport
1h 20m
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living/Kitchen/Dining
Morning Excellent
Afternoon Moderate
Evening Low
Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

65
Walk Score
Somewhat Walkable
70
Transit Score
Excellent Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use Residential and Commercial+Positive Impact
Royal Arsenal Riverside Regeneration
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£362,500
AvailableNB0000049096
View Location Analytics

Property 7.3-03-06, Myro House

Lombard Square, London SE28 0FA
Lombard Square
1
Bedrooms
1
Bathrooms
546
Est. Sq ft
apartment
Type
Ownershipleasehold

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£362,500Property 7.3-03-06, Myro House

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Property 7.3-03-06, Myro House
Property 7.3-03-06, Myro HouseLombard Square£362,500

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