Perfectly situated just a stone’s throw from the City and Canary Wharf, this modern and spacious, top floor, one bedroom apartment is located in a highly desirable area, so the perfect property investment.
Reaching both the City and Canary Wharf in just 5 minutes by DLR, the flat is able to offer fantastic travel links. Located under a 7 minute walk from DLR, Overground & NR stations, the flat also offers excellent day and night bus connections. The property also has the benefit of being situated directly on Cycle Superhighway 3, which links central London to the City, Canary Wharf and beyond.
Offering a highly desirable riverside setting and large amounts of green space, Wapping boasts a good variety of restaurants, famous riverside pubs, markets and stunning river walks. The area is conveniently within walking distance of the Royal London Hospital, as well as the vibrant neighbourhoods of Shoreditch, Whitechapel and St Katherine’s Dock, all of which offer an extensive list of amenities, bars and restaurants.
The flat itself is bright and spacious, being over 600 sqft/ 55sqm, with a spacious, open plan living area and large hallway that can double as a study, library, storage area, or more. It is ideal for today's hybrid working and offers flexible space.
With a rich maritime history, Wapping’s cobbled streets, renovated warehouses and riverside living has proved to be an extremely popular area amongst young professionals and families alike. Wapping’s stunning riverside location and unique access to the City and Canary Wharf has meant that property prices have seen a 5% increase year on year over the last 10 years.
Purchase cost (2014): £312,000
Refurbishment cost (estimate): £5,000
Total cost: £317,000
2021 value: £385,000
Rental yield: 6.8%