# 1 bedroom apartment for sale (SE10 0YW) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 1005, 8 CUTTER LANE, LONDON, GREATER LONDON SE10 0YW | | Price | £500,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Last sold | £538,000 Nov 2020 | ## Description **Please Quote HM1033 For All Enquiries** Situated within the highly sought-after Upper Riverside development on Greenwich Peninsula, this exceptional apartment offers contemporary design, premium finishes, and access to an unrivalled collection of resident facilities in one of London's most exciting riverside neighbourhoods. Designed with both comfort and style in mind, the apartment offers bright, modern interiors with generous living spaces, creating an ideal home for professionals, first-time buyers or investors alike. Large windows allow natural light to flood the accommodation, while the thoughtfully designed layout provides an excellent balance of functionality and elegance. Residents of Upper Riverside enjoy access to an outstanding range of exclusive amenities, creating a lifestyle rarely found elsewhere in London. These include: 24-hour concierge serviceResidents' swimming poolsFully equipped 2 onsite gyms and fitness studios (in Building 2 and Building 4)Private roof terraces with spectacular London skyline viewsResidents' lounges and co-working spaces (with air conditioning in Building 3)Cinema roomLandscaped communal gardensSecure bicycle storageOne of the property's greatest advantages is its outstanding location. Just a short walk from the iconic The O2 Arena, residents can enjoy an exceptional selection of restaurants, bars, cafés, entertainment venues, cinema, bowling, and the popular Designer Outlet Shopping Centre. Within a 1 minute walk you have access to Tesco, Sainsbury and Kiki&Miumiu (Asian Grocery Shop) and a independent French bakery only a short walk away. For commuters, North Greenwich Underground Station is only a 3 minutes' walk away, providing superb connectivity via the Jubilee line: Approximately 2 minutes to Canary WharfApproximately 8 minutes to London BridgeApproximately 11 minutes to WaterlooApproximately 13 minutes to WestminsterApproximately 17 minutes to Bond StreetThe area is also served by an excellent network of bus routes, the Emirates Air Line cable car, Thames Clippers river services, and convenient road links via the A102 and Blackwall Tunnel.  📍** Local Area & Lifestyle** **Restaurants, Shopping & Entertainment** Living at Upper Riverside places you at the centre of one of London's fastest-growing destinations. Within just a few minutes' walk you'll find: The O2 ArenaOutlet Shopping at The O2Dozens of restaurants, cafés and barsCineworld CinemaHollywood BowlEntertainment venues and live musicRiverside cafés and public spacesFor everyday convenience, there are supermarkets, coffee shops, gyms, health services and independent retailers all within walking distance.Nearby IKEA Greenwich and Charlton Retail Park provide additional shopping options including Marks & Spencer Foodhall, Sainsbury's, Next, Primark and many other major retailers.   **Green Spaces & Attractions** Residents benefit from an excellent balance between city living and open space, with nearby attractions including: Central ParkRiverside Thames Path walksGreenwich Peninsula Ecology ParkGreenwich ParkCutty SarkRoyal Observatory GreenwichNational Maritime Museum  **Transport & Connectivity** Outstanding transport links include:  North Greenwich Station (Jubilee Line) — just a short walk awayApproximately 2 minutes to Canary WharfApproximately 8 minutes to London BridgeApproximately 11 minutes to WaterlooApproximately 13 minutes to WestminsterApproximately 17 minutes to Bond Street Additional transport options include: Thames Clippers River Bus servicesEmirates Air Line cable carExtensive local bus routesEasy access to the A102, Blackwall Tunnel and South Circular  Service charge is approximately £5,326 per annum Ground rent is approximately £560 per annum Length of lease is approximately 228 years remaining   ## Property Photos - ![Photo](/listings/photos/90307398/1587150) - ![Photo](/listings/photos/90307398/1587151) - ![Photo](/listings/photos/90307398/1587152) - ![Photo](/listings/photos/90307398/1587153) - ![Photo](/listings/photos/90307398/1587154) - ![Photo](/listings/photos/90307398/1587155) - ![Photo](/listings/photos/90307398/1587156) - ![Photo](/listings/photos/90307398/1587157) - ![Photo](/listings/photos/90307398/1587158) - ![Photo](/listings/photos/90307398/1587159) - ![Photo](/listings/photos/90307398/1587160) - ![Photo](/listings/photos/90307398/1587161) - ![Photo](/listings/photos/90307398/1587162) - ![Photo](/listings/photos/90307398/1587163) - ![Photo](/listings/photos/90307398/1587164) - ![Photo](/listings/photos/90307398/1587165) - ![Photo](/listings/photos/90307398/1587166) - ![Photo](/listings/photos/90307398/1587167) - ![Photo](/listings/photos/90307398/1587168) - ![Photo](/listings/photos/90307398/1587169) - ![Photo](/listings/photos/90307398/1587170) - ![Photo](/listings/photos/90307398/1587171) - ![Photo](/listings/photos/90307398/1587172) - ![Photo](/listings/photos/90307398/1587173) - ![Photo](/listings/photos/90307398/1587174) - ![Photo](/listings/photos/90307398/1587175) - ![Photo](/listings/photos/90307398/1587176) - ![Photo](/listings/photos/90307398/1587177) - ![Photo](/listings/photos/90307398/1587178) - ![Photo](/listings/photos/90307398/1587179) - ![Photo](/listings/photos/90307398/1587180) - ![Photo](/listings/photos/90307398/1587181) ## Floorplans - ![Floorplan 1](/listings/photos/90307398/1587183) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/90307398/1587186) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 8 FLAT 1005 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YW | £538,000 | 06/11/2020 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 4 FLAT 201 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YY | £403,200 | 04/08/2025 | Flat | | 4 FLAT 907 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0ZS | £570,000 | 25/07/2025 | Flat | | 4 FLAT 1107 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0ZS | £512,625 | 21/03/2025 | Flat | | 10 FLAT 1311 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0XY | £530,000 | 22/11/2023 | Flat | | 18 FLAT 1203 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YD | £600,000 | 21/11/2023 | Flat | | 2 FLAT 2101 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0PB | £819,536 | 09/10/2023 | Flat | | 18 FLAT 1003 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YB | £625,000 | 13/09/2023 | Flat | | 10 FLAT 310 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0XX | £505,250 | 25/07/2023 | Flat | | 8 FLAT 604 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YW | £515,000 | 03/07/2023 | Flat | | 18 FLAT 609 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YB | £609,000 | 22/03/2023 | Flat | | 2 FLAT 706 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0ZT | £735,375 | 10/03/2023 | Flat | | 2 FLAT 1904 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0PB | £880,250 | 25/01/2023 | Flat | | 2 FLAT 1606 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0PB | £867,750 | 20/12/2022 | Flat | | 8 FLAT 505 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YW | £565,000 | 15/12/2022 | Flat | | 2 FLAT 1102 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0PB | £464,100 | 08/12/2022 | Flat | | 2 FLAT 1004 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0ZT | £680,000 | 21/11/2022 | Flat | | 18 FLAT 508 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YB | £437,500 | 18/11/2022 | Flat | | 18 FLAT 1706 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0YD | £580,000 | 19/10/2022 | Flat | | 10 FLAT 207 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0XX | £830,000 | 05/10/2022 | Flat | | 2 FLAT 1305 CUTTER LANE, LONDON, GREENWICH, GREATER LONDON, SE10 0PB | £1,161,750 | 28/09/2022 | Flat | **Area average:** £644,567 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £469,844 (90 Flat, SE10, 2024–2026) - **Deviation:** +6.4% ## Rental Range *ONS Price Index of Private Rents (Greenwich). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,770/mo - **Realistic:** £1,967/mo - **Optimistic:** £2,164/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Outer North East London (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £997/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Flat, Cutter Lane, SE10 | £2,600/mo | 1 | 0.01 miles | OpenRent | | 1 Bed Flat, Cutter Lane, SE10 | £2,600/mo | 1 | 0.06 miles | OpenRent | | 1 Bed Flat, Tidemill Square, SE10 | £2,250/mo | 1 | 0.29 miles | OpenRent | | 1 Bed Flat, Serapis House, E14 | £2,300/mo | 1 | 0.53 miles | OpenRent | | 1 Bed Flat, Douglass Tower, E14 | £2,000/mo | 1 | 0.55 miles | OpenRent | **Average rent: £2,350/mo (5 listings)** ## 1% Rule - **Rent ratio:** 0.46% (weak for cashflow) - **Max investor price (0.8%):** £287,500 - **Target investor price (1%):** £230,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £2,300/mo).* - **Gross yield:** 5.5% - **Cost-to-rent:** 18.1× - **Monthly cashflow:** £76/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 6.5% - **10y growth:** -0.3% ## House Price Index (HM Land Registry) *Official index for Greenwich; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -3.6% - **5y growth (index):** -0.7% - **10y growth (index):** 10.1% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)