The Silk District, 85 Stepney Way, London E1 2EN, UK
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Sothebys Realty UK Agent Valuation of this property is £520,000
Brand New 1 Bedroom in Silk District, E1
UK Sotheby's International Realty is thrilled to present this brand new one-bedroom apartment in the heart of London-Silk District, E1 postcode. The apartment is located on the fourth floor with east-facing aspects. The Internal space is 52 sqm plus 5 sqm outdoor balcony.
Completion time is February 2022.
It is a brand-new development with 999 year lease.
Expected ground rent per year: £400
Expected service charge per year: £2,227 (approx £4.25/sqft per year).
Note: The buyer has the opportunity to take on the full contract with mortgage available.
The Silk District is a new development located moments from Whitechapel Station and within walking distance to the City. The new Crossrail line will mean The Silk District is only 3 minutes to Canary Wharf, 2 minutes to Liverpool street and 10 minutes to Bond street making it perfectly situated for the daily commute.
Whitechapel is becoming a hotspot for investment with it now being the destination of choice for many new businesses. It is currently undergoing regeneration and so is the perfect location for someone looking for excellent price growth potential from their apartment.
In the immediate area residents will benefit from an extensive choice of restaurants, bars and cafes. Notably Shoreditch, Brick Lane, Spitalfields Market and Bethnal Green are all less than a 10-minute walk from the development.
The Silk District is an exciting new development of 3 residential blocks set around a piazza with private landscaped gardens. New commercial space on the ground floor of The Silk District will become host to many new and exciting restaurants, cafes, bars and shops.
Apartments are finished to a high specification with terrazzo effect tiling to living areas and bathrooms, natural oak effect cabinets to kitchens and in-built wardrobes to master bedrooms.
Residents will enjoy access to luxury on-site facilities including a gym and spin room, residents lounge and flexible workspace, landscaped roof-top gardens, private cinema and 24-hour concierge.
Contact us today before missing out this great opportunity!