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Home News Rental market update Attractive price growth and rental yields achieved at Royal Arsenal Riverside

Attractive price growth and rental yields achieved at Royal Arsenal Riverside

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Royal Arsenal Riverside in Woolwich, South East London is one of Europe’s largest regeneration schemes. With the area having recorded over 110% appreciation in property prices and rental yields of up to 4.5%, investors have taken a keen interest in this riverside development.

Royal Arsenal Riverside in Woolwich

With its first phase completed in 2021, which was a big hit among tenants and landlords, the next phase is all set to be completed this year. Quick, on-site connectivity options, including a Crossrail station and Thames Clipper Pier, have contributed significantly to the demand for properties at this development.

With Canary Wharf just eight minutes away and Liverpool Street reachable in 15 minutes, professionals working in these financial districts are drawn to this Berkeley development, where rents are comparatively affordable. For students enrolled in London’s top universities, such as the London School of Economics and Imperial College London, this ease of commute has made this development very popular.

Royal Arsenal Riverside

Lifestyle amenities, including a 20m swimming pool, sauna, gym, cinema room and 24-hour concierge at The Waterside Club, have further pushed rental demand for properties at this development.

Bedroom - Royal Arsenal Riverside

The high demand for quality rentals has kept our on-site team at Royal Arsenal Riverside busier than ever. With each property attracting at least 35 applicants, the sheer volume of enquiries allows landlords to achieve the asking rent on their properties. Here’s a summary of the rents we have been achieving for our landlords:

1 bedrooms up to £1,900 per month
2 bedrooms up to £2,700 per month
3 bedrooms up to £3,250 per month

As the only agent with an on-site office at this development right next to the Crossrail station, get in touch with our branch if you would like to buy, sell or let your property at Royal Arsenal Riverside.


About the Author

Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents.  With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from 21 prominently located branches and 15 international offices.