Property ID: PL107
64 Saltwell Street
Competition entrance fee:
Minimum Selling Price:
Competition end date:
5th Jan 2022
Bedroom: 4.7m x 2.6m
Lounge: 4.7m x 3.3m
Kitchen: 3.3m x 2.3m
Bathroom: 2.3m x 1.3m
Storage room 1: 1.8m x 1.3m
Storage room 2: 1.2m x 0.9m
Storage 3/Water tank: 1.2m x 0.9m
Communal garden: 30m
Rentable bike shed
Leasehold (994 years remaining)
1st Floor apartment
Phone entry system
Very well presented
Excellent city location
Bike shed available (£20pa)
This well presented apartment is conveniently located just 5 minutes' walk from Canary Wharf, with nearby Poplar and Westferry DLR stations, as well as Canary Wharf tube station providing excellent transport links.
With well proportioned rooms and 3 useful storage areas, the property provides comfortable accommodation to suit a variety of needs.
Cavity wall insulation was fitted in 2012 and the property has been well maintained; offered in good decorative order and painted in neutral colours.
There is a security gate on the front door and a phone entry system, as well as off-road parking (rented from the council at just £2 per week/£104 per year), a large communal garden and a bike storage shed (available to rent at £20 per year).
This property would make a perfect home for an individual or couple working in the city, or as a rental investment, with yields estimated at between £1300 and £1500 PCM
The property is located in a quiet, friendly area in Poplar, London. With easy access to central London as well as links to coastal and rural areas, this property is very well situated.
Nearby Canary Wharf boasts a variety of high-end retail outlets, restaurants, bars and coffee shops and there are a number of schools and provisions for children within the area.
This area has also been identified as a prime investment opportunity, with prices predicted to increase by up to 50% following the imminent completion of the Crossrail project, linking the area to a range of locations throughout the country.
Has any work been undertaken to the property by the current owner(s)?
Is the owner aware of any significant structural works required to the property?
Is the owner aware of any issues with neighbours?
Is the owner aware of any issues with right of access?
Any additional information?
There is currently a shared boiler, serving this property and others, for which there is an annual charge. This could be substituted for an independent 'combi' boiler within the apartment itself, should the owner choose to do so.
The ground rent, maintenance fees and insurance are charged per flat at approximately £2000 per year.