Incredible Value | 411 sq ft | Studio | 1st Floor | Luxury Specification | South West Aspect | Heated Outdoor Pool | 999 Year Lease from New | Jacuzzi | Gym | 24 hour Concierge | Sauna & Steam Room | 4 minute walk to Jubilee Line | EWS1 Cladding Certificate Pass
This spacious studio apartment would be make an excellent first home or rental investment attracting an estimated gross yield of 6%.
City Island offers everything a resident will want or need. The ‘Island Grocer’ on site is an artisan, Italian style deli store and restaurant, the Calzone is incredible. The resident’s lake side bar is a tranquil place to relax and if that’s not enough you can slip directly in to the heated outdoor pool, sauna, steam room or Jacuzzi. For the more active amongst us, the fully kitted gym is stylishly designed and caters to all needs. A cultural centre with onsite art gallery already in place and the relocation of the English National Ballet and London Film School to the very centre of the island will be a draw to the area and huge boost for buy to let investors too. London Mayor, Sadiq Khan said of the plans, ‘I have no doubt that the ENB’s relocation to City Island will further cement the city’s status as a global hub for dance and the performing arts’.
City Island Bridge is located just minutes from Canning Town Station, providing fast access to Canary Wharf where Crossrail can picked up and connections to the City, the West End and beyond.
The O2 Arena is the UK’s biggest live event arena and plays host to the world’s biggest music and events artists. This sits just South of the river to City Island. It is easily accessible via the Emirates Cable Car at Royal Victoria Dock or just one stop on the jubilee line, you can get there in just 2 minutes!! Canary Wharf is just one stop on and accessible in 4 minutes, an easy commute to say the least and making the huge number of bars and restaurants set along the various exquisite inlet docks and waterways your own playground.
Leasehold: 999 Years from New
Ground Rent: £400 per year
Service Charge: £2950
Local Authority: Tower Hamlets
Council Tax Band: D
Council Tax Value: £1,519.98 April 22 to March 23
EWS1 Certificate: B1 Pass
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