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Sark Tower, Erebus Drive, London
For saleNewReduced 4 Nov 2026
£200,000

Sark Tower, Erebus Drive, London, SE28 0GG

1bedroom
1bathroom
Flattype
581sq ft
Leaseholdtenure

Listed 4 days ago · price reduced 4 Nov 2026 · Greenwich

How the price compares

This home£200,000£344 per sq ft
Median 1 bed in SE28£250k9 homes listed · £474 per sq ft
Difference-20%below the area median

Key features

  • Approximate 8% gross rental yield
  • Day Porter
  • Excellent transport links including Elizabeth Line & DLR
  • First Floor Apartment
  • Ideal first time buy, investment or downsize property
  • Secure underground parking

About this home

Guide price £200,000.

A well-presented One bedroom apartment on the first floor, offered with the rare benefit of a secure underground parking space. Positioned in a popular riverside pocket of West Thamesmead with easy access to Woolwich, Abbey Wood and the Elizabeth line, this is a strong opportunity for a first-time buyer, downsizer or investor.

Key features:

-First floor with lift access -Secure underground parking space included -Bright reception room with balcony -Fitted kitchen and modern bathroom -Double bedroom -Well-maintained communal grounds -Elizabeth line at Woolwich within easy reach -Ideal first purchase or buy-to-let investment (7% Yield)

The apartment is entered via a secure communal entrance, with the property occupying a first floor position. Internally, the accommodation opens to a private hallway with storage, leading through to a bright reception room offering ample space for both living and dining furniture. The kitchen is fitted with a range of wall and base units with space for appliances.

The double bedroom sits to the front of the property and benefits from good natural light.

Externally, the block sits along the Riverside and the property comes with its own space in the secure underground car park - a genuine advantage in this location and one that adds meaningfully to both resale appeal and rental demand.

Erebus Drive sits in Thamesmead West, a short distance from the Thames Path and the open green space and lakes the area is known for. Plumstead mainline station is nearby, while Abbey Wood and Woolwich both offer the Elizabeth line, putting Canary Wharf, Liverpool Street and the West End within a straightforward commute. Woolwich also provides DLR services and an extensive choice of shops, supermarkets, restaurants and leisure facilities, with further everyday amenities and schooling closer to hand. Several bus routes serve the immediate area.

Tenure and material information:

Tenure: Leasehold - 900 years remaining Service charge: £4,500 per annum Ground rent: £200.00 per annum Council tax band: C - Royal Borough of Greenwich EPC rating: C Parking: Allocated space, secure underground car park

Council Tax Band: C Tenure: Leasehold (900 years) Ground Rent: £200 per year Service Charge: £4,500 per year

Property details

Property type
Flat
Size
581 sq ft / 54 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
900 years left
Ground rent
£200 per year (Ask agent about the review period)
Service charge
£4,500 per year
Parking
Underground

Floorplan

Floorplan 1

Location

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1 on this map

  • Woolwich Station0.5 mi
  • Plumstead Station0.5 mi
  • Woolwich Arsenal Station0.7 mi

What nearby homes sold for

Median sold prices in SE28 over the last 12 months: terraced £375k · flat £267k · semi-detached £375k · detached £485k.

AddressTypeSoldPrice
39 Sark Tower, Erebus Drive
London SE28 0GG
Flat
Leasehold
2 Mar 2026£290,000
28 Sark Tower, Erebus Drive
London SE28 0GG
Flat
Leasehold
23 Jan 2026£315,500
14 Sark Tower, Erebus Drive
London SE28 0GG
Flat
Leasehold
21 Mar 2025£225,000
25 Sark Tower, Erebus Drive
London SE28 0GG
Flat
Leasehold
27 Sept 2024£345,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SE28

Buying costs

Monthly repayment£1,000£20,000 deposit · £180,000 loan
Stamp Duty£1,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Eldridge Estates, London on Rightmove (original listing). First listed 4 Nov 2026; details checked 7 Nov 2026. Latest change: reduced on 04/11/2026.

Agent disclaimer

Disclaimer - Property reference RS0147. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Eldridge Estates, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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