Flat for sale
£465,000
England, London, United Kingdom Property ID: 22666460
Property features
- Minimum 4% rental returns
- Major regeneration area
- Prices from £465-000
- Only £560 per square foot
- Excellent transport links
Property description
A quality build, the development features Siemens appliances and Philip Starck sanitaryware. Accessing the building via secure videoentry, the classic London yellow stock brick facade sensitively reflects the surrounding townscape, fusing the industrial-chic immortalised in east London architecture with all the comfort of twenty-first century living inside.
A combination of a massive regeneration programme(£3.7billion and one of London’s largest) and the advent of Crossrail, Canning Town is the name on everyone’s lips. Its proximity to the Royal Victoria Dock, Canary Wharf and the legacy of the Queen Elizabeth Olympic Park at Stratford broadens its appeal to young professionals and families alike. The Oratory Apartments, so called because of the neighbouring Catholic Church, sit on the Barking Road. This pocket of E16, much coveted, particularly because of the projected Crossrail uplift and its already great public transport and international connections has the potential to offer significant capital appreciation.
Canning Town is currently undergoing a massive economic and physical transformation to create two new town centres, 10,000 new homes and 5,000 new jobs. A minute’s walk from The Oratory Apartments the Rathbone Market, the last surviving traditional market in the east end has undergone a radical gentrification, becoming a new hipster haunt and weekend attraction.
Two stops away on the DLR, Customs House also forms part of the area’s regeneration – plans to become one of only three central section stations on the proposed Crossrail line linking east and west London and reducing travel times across the city dramatically.