For Sale - Hobday Street, London, E14 - £365,000

PURPOSE BUILT (NON CONVERTED) 2 BED FLAT - SEPARATE KITCHEN
Located within the development area of Chrisp Street Market, a purpose built (not converted) 2 bedroom property is on offer for property investors and people looking to grab an opportune investment for their future. This area has plans in place by Poplar HARCA and Telford Homes that will boast buzzing upmarket shops, restaurants, cinemas, open market area, recreational facilities and other local amenities that will enhance the property's value in the years to come. Being located conveniently next to Canary Wharf will provide travel convenience to those invested in working in London's financial district.

An NHS doctor surgery (Chrisp Street Health Centre) and Chrisp Street Market are minutes away from the property. For families, there is a good selection of primary and secondary schools in the area, with an excellent and free creative youth club named Spotlight designed to inspired young people.

This property currently receives a rental income of £1550 per calendar month, offering an above average rental yield of 5.1%. Typically, 4.5% is an average rental yield in London. As the development in the area reaches completion, and is at its peak, increase in the rental income follows. This can allow for this property to achieve a rental income of £1900 per calendar month.

TRANSPORTAION
Langdon Park DLR Station is minutes away from the property, and a 10 minutes walk away is All Saints DLR Station providing easy access to Canary Wharf DLR Station which is 3 stops away.
The 108 bus route is also a few minutes walk from the property on Chrisp Street. If you walk a bit further down towards East India Dock Road, the following bus routes are available: (15, 108, 115, D6, N15 and N551).

This spacious 2 bed property on the 9th floor has a living room and separate bathroom and WC. The kitchen is a generous size, and measurements of all rooms are provided below.

MEASUREMENTS - (floor plan coming soon)
Living Room - 4.582m(l) x 3.407m(w)
Kitchen - 3.657m(l) x 2.272m(w)
Toilet - 1.220m(l) x 0.749m(w)
Bathroom 1.806m(l) x 1.386m(w)
Bedroom 1 - 4.260m(l) x 2.631m(w)
Bedroom 2 - 3.932m(l) x 2.687m(w)
Right entrance cupboard - 1.052m(l) x 0.810m(w)
Left entrance cupboard - 1.393m(l) x 0.489m(w)

Property photo
  • Salisbury House
  • Proposed Chrisp Street Development
  • Living Room
  • Bedroom 1
  • Bedroom 2
  • Living Room
  • Kitchen
  • Park Outside Property
  • Model of Chrisp Street Regeneration
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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