Studio for sale
Key information
Property description & features
- Tenure: Leasehold
- 334sq ft 3rd floor studio apartment with balcony.
- Exceptional location within 300m of the Canary Wharf estate.
- Located close to Heron Quays & South Quay DLR stations.
- Located within 750m of Canary Wharf Jubilee Line & within 1km of the Elizabeth Line station.
- A3-rated EWS1 form / cash buyers strongly preferred.
- Offered chain-free.
The Canary South development was completed in 2004, & is situated in close proximity to Heron Quays & South Quay DLR stations, Canary Wharf Jubilee & Elizabeth Line stations, as well as Canary Wharf's business district, shopping centre & all amenities.
Please note that the block currently has an A3-rated EWS1 form & that remedial works are required. A Building Safety Fund application is in the process of being submitted. As such this property will be most suitable for cash buyers. Any mortgage-backed buyers should enquire of an expert mortgage broker as to their / this property's suitability for lending purposes.
Investors should note the projected rental income of c. £1,650pcm, which equates to a 7.6% gross yield at asking price.
The property is offered chain-free.
Property information from this agent
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Property reference DOK230171. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Chestertons - Canary Wharf.
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Broadband availability and predicted speed: obtained from Ofcom on January 18, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 18, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 17, 2019 from 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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