Studio for sale

Douglass Tower E14

Service charge (For Leasehold tenure): £7.39 per year.

Name: Goodluck Hope

Location: Goodluck Hope Walk, London, E14 0XD

Estimated Completion:

Douglas Tower – Completed

Ceylon House - Completed

Pricing:



Suites from: £405,000 depending on apartment

For exact plot pricing, please speak to a member of our team.

Description:



Set on the banks of the River Thames, these beautifully designed selection of suite apartments forms part of Goodluck Hope, a landmark riverside destination where East London’s maritime heritage meets contemporary urban living.

Inspired by the area’s industrial past, Goodluck Hope has been carefully curated as a place to live, work and unwind. Brickwork, bold architecture and thoughtfully designed communal spaces create a distinctive sense of character, while the riverside setting brings a calm, almost coastal feel to daily life. From morning walks along the Thames to evenings spent in the neighbourhood’s cafés and social spaces, life here feels both connected and considered.

The apartments themselves offers a bright and flexible living space, finished to a high standard with a sleek contemporary kitchen, modern bathroom and clever storage solutions. Large windows draw in natural light, creating an inviting environment that adapts effortlessly from day to night.

Residents enjoy access to an exceptional range of amenities, including a swimming pool, sauna, steam room, fitness facilities and residents’ lounges, all designed to extend living beyond the front door. Landscaped courtyards and riverside paths further enhance the feeling of space and community that defines Goodluck Hope.

Well positioned for Canning Town Station, the development offers excellent transport connections via the Jubilee Line, DLR and Elizabeth Line, placing Canary Wharf, the City and Stratford within easy reach, while London City Airport is close by.

More than just a home, these suite apartments offers the opportunity to become part of a thoughtfully crafted riverside neighbourhood, making it an ideal choice for owner occupiers and investors seeking something truly distinctive in East London.

Key investment Statistics



· Strong rental yields across Goodluck Hope area postcodes with typical gross yields of around 5.2% to 6.7% per year, which compares favourably to many other central London zones and highlights Goodluck Hope as attractive for buy-to-let investors.

· Average monthly rental income tends to be in the region of £2,500 to £2,800 per calendar month, showing strong cash flow potential for lettings.

· Rental values have risen significantly over time, with the local rental market up by around 30%+ over the past decade, reflecting sustained demand in E14.

· Goodluck Hope is a large development with 804 new homes within a growing riverside community, benefiting from long-term regeneration and planned mixed-use space that supports future capital growth potential.

Estimated Rental Values:



Suites: £450-£500 per week

Development Amenities:



The equal of any of the great private clubs in its design and members’ only amenities,
‘The 1595 Club’ at Goodluck Hope offers a retreat from the outside world, where residents and guests can enjoy first-class facilities, purpose-built and beautifully designed to provide the finest in wellness, co-working and entertainment.

- 24-Hour Concierge

- Indoor & Outdoor Pools

- Sauna

- Steam Room

- Private Cinema

- Resident’s Business Lounge, Co-Working Space and Meeting Room

Location Information:



Set within the landmark riverside development of Goodluck Hope, E14, these properties enjoy a prime position along the River Thames, offering a distinctive blend of heritage character and contemporary living in one of East London’s most exciting regeneration areas.

Residents benefit from excellent connectivity, with Canning Town Station close by, providing Jubilee Line, DLR and Elizabeth Line services, allowing swift access to Canary Wharf, the City, Stratford and beyond. London City Airport is also within easy reach, making the location ideal for both professionals and frequent travellers.

Goodluck Hope is well known for its thoughtfully designed community spaces, independent cafés, riverside walks and cultural venues, creating a vibrant neighbourhood atmosphere. Nearby Royal Docks, Canary Wharf and East India Dock Basin offer an array of restaurants, bars, shops and leisure facilities, while green open spaces such as Thames Barrier Park and the riverside paths provide welcome outdoor retreats.

This riverside setting, combined with strong transport links and ongoing regeneration, makes Goodluck Hope an increasingly sought-after location for owner occupiers and investors alike.

Connectivity:



- 10 minute walk to Canning Town Station



- Canning Town Station to Canary Wharf Station: 5 Minute Journey



- Canning Town Station to London Bridge Station: 15 Minute Journey





Developer Information:



Ballymore is an award-winning London-based property developer with a strong reputation for creating high-quality residential and mixed-use developments across the capital and beyond. Known for their distinctive design, attention to detail and long-term approach to place-making, Ballymore developments often combine striking architecture with thoughtfully designed living spaces and well considered communal amenities.

With a proven track record spanning several decades, Ballymore has delivered a number of landmark schemes in prime riverside and regeneration locations, placing equal emphasis on build quality, sustainability and resident experience. Their developments are recognised for generous layouts, high specification finishes and carefully curated outdoor and communal spaces, making them a popular choice for both homeowners and investors alike.

Tenure: Leasehold



Lease Length: 999 Year lease from 01st Jan 2018

Ground Rent: Nil



Service Charge: Estimated service charge of £7.10 - £8.10 per sq ft per annum dependant on block.

Fee’s: None

Restrictions: None known at time of writing

Rights of Way: To Be confirmed at time of writing

Planned Works: No planned works are ongoing at the time of writing.



Council Tax Band: To be confirmed per Apartment.

EPC: To be confirmed per Apartment.

Parking: Parking is available to purchase on a Right to Park basis withing pricing from £30,000. Service charge payable on parking at £685.16pa.

Payment Information:



Payment Terms:

1. For all Apartment purchases a non-refundable deposit of £2,000 is payable for upon reservation.

2. 5% of the purchase price (less reservation deposit) is payable within 35 days of reservation.

3. The remaining 95% of the purchase price is payable upon completion.

Photos:



Some photos may be computer generated images and are subject to interpretation. Please check with the agent to discuss exact units and availability.

Material Descriptions Waiver:



With the nature of the new build development, limited information pertaining to material descriptions is available. Please speak to one of our agents with any queries you may have, and we will provide all information available.

Mobile signal/coverage: Good.

Building Safety: None of the above.

Water source: Direct mains water.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Communal heating system.

Broadband internet type: Fttc (fibre to the cabinet).

Parking Availability: Yes.