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Parker Street, Royal Docks, London E16

RESIDENTIAL INVESTMENT OPPORTUNITY
For sale
  • An unbroken block of nine apartments located in Royal Docklands, in the East London borough of Newham E16.
  • Situated in a unique location on the northern stretch of Silvertown, famous for the merchant factories after which it was named and home to the renowned Tate & Lyle sugar refinery.
  • Only 0.2 miles from London City Airport and the associated station (DLR Services) with fast services to Bank, Canary Wharf and Stratford within 20 minutes.
  • The property comprises nine apartments broken down as 2 x 1 beds, 4 x 2 beds and 3 x 3 beds (6,685 sq ft NIA).
  • All apartments benefit from outside space.
  • Newly built in 2020 and being sold with the benefit of an NHBC warranty.
  • Currently let on ASTs producing a total income of £163,500 pa.
  • Estimated Rental Value approximately £186,000 pa.
  • We believe the open market value of the apartments to be in the region of 4.3m.
  • Freehold.
  • Guide Price - £3,600,000 (Three Million, Six Hundred Thousand Pounds) subject to contract, equating to £538 psf.
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