Description

Well-presented Studio apartment situated in The Hoola development in the Royal Docks. A great buy to let investment or perfect starter home!With over 450sq. Ft. Of living space the apartment offers a spacious bedroom area and open plan lounge area. Both the bedroom and lounge have access onto the balcony boasting floor-to-ceiling windows which is South-facing emphasising light through the apartment. The apartment benefits from a fully integrated kitchen with Siemens appliances which include a mi Continued...

Letting fees

As well as paying the rent, you may also be required to make the following permitted payments.

Before the tenancy starts (payable to Strawberry Star ‘the Agent’)
Holding Deposit: 1 week’s rent
Deposit: 5 weeks’ rent (or 6 weeks’ rent if annual rent exceeds £50,000.00)

During the tenancy (payable to the Agent):
Payment of up to £50.00 inc VAT if you want to change the tenancy agreement
Payment of interest for the late payment of rent at a rate of 3% above Bank of England base rate
Payment of up to £50.00 for the reasonably incurred costs for the loss of keys/security devices
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy

During the tenancy (payable to the provider) if permitted and applicable
Utilities – gas, electricity, water, heating/hot water
Communications – telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax

Other permitted payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.

Property features

  • 4th Floor
  • South Facing
  • 99 sqft Balcony
  • Over 450 sqft (42sqm) Internal space
  • 24 Hours concierge Service
  • Residents Gymnasium
  • Fitted Kitchen
  • Underfloor Heating
  • Ample storage space
  • 996 Year Lease
Travel time to work:

  • Royal Victoria - 0.24km, 4 mins walk
    • DLR
  • Canning Town - 0.76km, 11 mins walk
    • Jubilee
    • DLR
  • Custom House - 0.78km, 12 mins walk
    • DLR

Rental Yield

Average rental value

£228pw

Average weekly rent of nearby studios.

Annual rental yield

3.2%

Gross yield if rented for the average rent.

Sale price

We don't have average sale prices for studios in this area. Sorry!

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Marketed by

Strawberry Star - Royal Docks
5 Tidal Basin Road, London, E16 1UX

020 3589 2898

Contact agent