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1 bed flat for sale

£470,000

Orchard Wharf, Leamouth Road, London E14

1
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Property features

  • 1 Bedroom Apartment - 540 sq ft
  • 3rd Floor with Private Balcony
  • East Aspect - River Views
  • Concierge & Landscaped Roof Gardens
  • Optional Luxury Furniture Pack
  • 5 minute walk from East India DLR
  • 175 Year Leasehold
  • Completion: Q1 2021

Property description

New Build Sales presents this off plan luxury 1 bedroom apartment with river views, situated on the 3rd floor in the brand new Orchard Wharf development.

The apartment comprises a large open-plan kitchen/living area leading onto a private balcony, two tone designer kitchen units equipped with integrated Smeg appliances, fitted wardrobe and carpeting to bedroom and a contemporary bathroom finished with large format floor and wall tiling and underfloor heating. The property further benefits from an optional luxury furniture pack (separate negotiation).

Set within a striking 23-storey tower, Orchard Wharf will comprise of two main buildings, with stepped blocks of 20,17,14,11 and 8 storeys, linked by a two-storey podium, creating a cascading effect. Residents will benefit from a daytime concierge, with access to a café/retail facility, an outdoor pavilion, courtyard gardens and two recreational areas, as well as landscaped rooftop terraces.

* Resale Unit ** Photos are for illustrative purposes only *

Located on the west bank of the River Lea, on the cusp of the historic East India Docks, residents will be within a 5 minute walk of East India station DLR, whilst Canning Town"s Tube station will be 10 minutes" walk away for Jubilee line services.

Canary Wharf is just a short train journey away from either station. From 2018 Canary Wharf will benefit from Crossrail services, cutting the journey time to Liverpool Street from 21 to 6 minutes, and to Paddington from 33 to 17 minutes. Bow Creek Ecological Park also sits directly east of the development, offering an oasis of ponds, meadows and wildlife for a harmonious escape right on the doorstep.


Property info

Market activity
Average price paid £502,643 Sales 579 Current average value £544,569 (Zoopla Zed-Index) Value change £10,281 ▲ 1.92%

Property value data/graphs for E14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £621,756 £639 3.6 -
Semi-detached £608,610 £649 3.2 £793,125
Terraced £636,737 £650 3.2 £671,833
Flats £532,728 £781 1.9 £487,901

Current asking prices in E14

Average: £644,307
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £310,454
(11)
£503,895
(29)
£703,498
(31)
£1,077,174
(23)
£1,531,633
(3)
Flats £506,697
(656)
£710,687
(850)
£991,301
(193)
£1,073,854
(14)
£475,000
(1)
All £503,460
(667)
£703,864
(879)
£951,471
(224)
£1,075,918
(37)
£1,267,475
(4)

Current asking rents in E14

Average: £1,961 pcm
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,105 pcm
(50)
£1,992 pcm
(48)
£2,460 pcm
(30)
£2,508 pcm
(26)
£2,816 pcm
(38)
Flats £1,499 pcm
(693)
£2,339 pcm
(848)
£2,840 pcm
(235)
£2,025 pcm
(30)
£1,927 pcm
(6)
All £1,473 pcm
(743)
£2,321 pcm
(896)
£2,797 pcm
(265)
£2,249 pcm
(56)
£2,695 pcm
(44)

Fun facts for E14

Highest value in E14
Highest value streets Zed-Index
Narrow Street £2,303,050
Ropemakers Fields £1,318,764
Westferry Circus £1,237,829
Hertsmere Road £1,019,662
Mariners Mews £1,017,644
Highest turnover in E14
Highest turnover streets Turnover
Jonzen Walk 115.8%
Dollar Bay Place 80.6%
Agnes Street 42.9%
Northey Street 40.9%
Ship Yard 35.7%

What Zoopla users think of E14

Overall rating:

  • currently 3.5 stars
Good - 74% (526 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate E14:

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 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)
  • City Gateway 14-19 Provision (1.4 miles)
  • East London Arts & Music (2.0 miles)
  • London Academy of Excellence (2.1 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 +44 20 3544 5378 * (local rate)

Monthly running costs Beta

£1,928 Monthly total

Mortgage

Purchase price
Deposit (10%) 47,000
Repayment term 25
Interest rate 1.5
Your payment £1,691 /mo How Much Could I Borrow

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 £350,000 Contents value up to £40,000 Average insurance cost £17/mo (£199/yr)
Compare insurance deals now 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 £21 Electricity £28 Estimated energy cost £49/mo

Similar properties could save up to £203

How Much Could I Save? 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: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band E Council tax cost £152 /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 £9 Sewerage £10 Estimated water cost £19 /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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