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£625,000

916 New Providence Wharf

  • 2 beds
Flat

£625,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£2,853 per month

Minimum deposit amount:

£31,250
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Pure Investor are delighted to bring to the market this tenanted 9th floor apartment. The large living room has plenty of natural light streaming in through the floor-to-ceiling windows. The private balcony, with its glass walls, offers a stunning view of the River Thames and the O2 Arena.
The separated kitchen is practical and well-equipped, with a U-shaped layout and wooden cabinets. The two double bedrooms are getting good sunlight from their floor-to-ceiling windows facing Canary Wharf and London City, and both equipped with large built-in wardrobes. The en-suite bathroom comes with good storage spaces.
Apart from the well-developed roads for driving, you’ll be just an 7-minute walk from the DLR at Blackwall Station for direct links into the city through Bank. You'll also be just an 17-minute walk from the Elizabeth Line at Canary Wharf Station.
It’s only 7 minutes on foot to the open waters of the Poplar Dock Marina – and only 2 minutes from your door to the sweeping bends of the River Thames itself.
Living here, you'll have access to excellent amenities and services including:
- A Residents' Gyms
- An Indoor Residents' Swimming Pool and Jacuzzi
- A Residents' Sauna and a Steam Room
- A Residents' Business Centre with Meeting Rooms
- An Underground Parking Space
- A 24-hour Concierge with Valet Service
INVESTMENT INFORMATION

  • Asking Price - £625,000.00
  • Current Rental Income - £2,100.00pcm (£25,200.00 per annum) this is paid quarterly
  • Tenure - Leasehold 978 years remaining
  • Ground Rent - £350.00 per annum
  • Service Charge - £9,236.00 per annum
  • Managing Agent: Self-managed
  • Current Tenant Situation
    • Moved into the property on the October 2020
    • Current tenancy runs until the 15th of October 2024
    • Tenants have indicated they would like to stay in the apartment

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£2,853 per month
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Stamp Duty tax
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£10,000
Mortgage and legal costs:
£999
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