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2 bed flat for sale

£660,000

3rd Floor, Faraday Building, City Island, Orchard Place, London E14

2
Interested in this property? Call 020 3544 5378 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • 2 Bed 2 Bath Apartment - 885 sq ft
  • 3rd Floor with Private Balcony
  • West Aspect - Courtyard Views
  • Concierge, Gym, Spa, Pool & Sauna
  • Moments from Canning Town Station
  • 999 Year Leasehold
  • Completion: Aug / Sept 2016
  • Minimum 25% Deposit Required

Property description

New Build Sales presents this contemporary 2 bed 2 bath apartment on the 3rd floor to the prestigious City Island development. Located within minutes from Canning Town station, this luxury apartment is designed with a warehouse aesthetic offering generous open-plan living spaces and loft style features.

The property features a private balcony offering views over the beautiful courtyard and comprises a beautifully designed kitchen equipped with integrated appliances and composite stone worktops, fitted wardrobe to en-suited master bedroom, and fully tiled bathroom suites with bespoke cabinetry and chrome finished fittings.

Inspired by some of the world's most extraordinary waterside cityscapes, this unique development is London's very own micro-manhattan with a network of spectacular amenities for residents to enjoy, from the beautifully landscaped gardens, roof top sports pitches, to the onsite grocer's store doubling as a top-end deli by day and café/bar by night. A concierge is on hand to help, along with a residents' gym, indoor swimming pool and spa facilities for the ultimate convenience.

*Resale Unit*
**Internal photos are for illustrative purposes only. Please refer to the marketing brochure**

Located in Orchard Place with the River Thames and River Lea surrounding this 12-acre development, a new island bridge will be built connecting residents to Canning Town station in minutes. In just a few minutes walk for the DLR and Jubilee Line services, residents can reach:
- North Greenwich in 2 mins
- Canary Wharf in 4 mins
- Stratford in 6 mins
- London Bridge in 11 mins
- Waterloo and Bank in 15 mins
- Bond Street in 20 mins

The best destinations to shop, work and play are all within easy reach. Within close proximity is the vibrant nightlife and shopping of Shoreditch and Dalston, home to several cinemas and countless galleries. There's also Stratford with the Olympic Park and Westfield shopping centre, offering over 300 shops and eateries plus a 17-screen cinema and casino. If that's not enough entertainment, the iconic O2 Arena is just around the corner with its range of restaurants, bars and world-class concerts!


Property info

Floorplan 1 View original

Market activity
Average price paid £498,405 Sales 844 Current average value £536,275 (Zoopla Zed-Index) Value change £10,508 ▲ 2.00%

Property value data/graphs for E14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £616,791 £583 3.6 £435,000
Semi-detached £587,082 £621 3.2 £686,714
Terraced £611,410 £629 3.2 £702,364
Flats £526,149 £773 1.9 £483,263

Current asking prices in E14

Average: £662,475
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £446,119
(25)
£674,322
(31)
£816,747
(36)
£860,182
(34)
£1,529,000
(5)
Flats £506,177
(578)
£698,516
(758)
£1,009,815
(178)
£2,619,545
(11)
£475,000
(1)
All £503,687
(603)
£697,566
(789)
£977,336
(214)
£1,290,249
(45)
£1,353,333
(6)

Current asking rents in E14

Average: £1,993 pcm
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,110 pcm
(54)
£2,237 pcm
(42)
£2,656 pcm
(43)
£2,895 pcm
(40)
£3,496 pcm
(37)
Flats £1,469 pcm
(1,147)
£2,375 pcm
(1,033)
£2,813 pcm
(219)
£2,773 pcm
(35)
£684 pcm
(5)
All £1,453 pcm
(1,201)
£2,369 pcm
(1,075)
£2,787 pcm
(262)
£2,838 pcm
(75)
£3,161 pcm
(42)

Fun facts for E14

Highest value in E14
Highest value streets Zed-Index
Narrow Street £2,217,830
Ropemakers Fields £1,252,759
Westferry Circus £1,225,249
Hertsmere Road £1,000,767
Brightlingsea Place £989,003
Highest turnover in E14
Highest turnover streets Turnover
Jonzen Walk 110.5%
Hickin Street 50.0%
Limeharbour 44.0%
Northey Street 40.9%
Mariners Mews 38.9%

What Zoopla users think of E14

Overall rating:

  • currently 3.5 stars
Good - 74% (479 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Canning Town (0.3 miles)
  • East India (0.4 miles)
  • Royal Victoria (0.5 miles)
  • London City Airport (2.2 miles)
  • London Heathrow Airport (20.2 miles)
  • London Gatwick Airport (26.4 miles)
  • East India Pier (0.4 miles)
  • North Greenwich Pier (0.5 miles)
  • Canary Wharf Pier (1.5 miles)

Nearby schools

View all schools in Tower Hamlets
  • Faraday School (0.1 miles)
  • St Luke's Primary School (0.5 miles)
  • Hallsville Primary School (0.6 miles)
  • New City College (1.0 mile)
  • City Gateway 14-19 Provision (1.4 miles)
  • Newham Sixth Form College (1.4 miles)
  • Rokeby School (0.8 miles)
  • Langdon Park Community School (0.9 miles)
  • Eastlea Community School (0.9 miles)
Note: Distances are straight line measurements

Local info for Tower Hamlets

About the neighbours in E14

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For more information about this property, please contact
New Build Sales, E14 on 020 3544 5378 * (local rate)

Monthly running costs Beta

£2,379 Monthly total
Mortgage
Purchase price
Deposit (10%) 66,000
Repayment term 25
Interest rate 0.5
Your payment £2,106 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £15/mo (£183/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £29 Electricity £33 Estimated energy cost £62/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band F Council tax cost £170 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £13 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by New Build Sales, and do not constitute property particulars. Please contact New Build Sales for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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