Ability Place, Millharbour, London E14

Full Description

Ability Place, 1120sqft/104sqm, Spacious and bright, West facing, 17th floor, 2 bed 2 bath apartment, with view of the Canary Wharf skyline, large reception, extra storage room, 2 balconies. Premium secured parking space for large cars. Gym sauna jacuzzi, 24 hours concierge. High specifications. Great location, dockside, 2 minutes from South Quay DLR station, and a short walk into Canary Wharf. ESW1 available on request. One of the largest and bright 2 beds, 2 baths (104 sqm 1120 sqft) in Ability Place. High floor (17th) with view of the Canary Wharf skyline. Stylish, high specifications, high potential in terms of redecoration possibilities. West facing hence bright throughout the day. The apartment comprises of a spacious dual aspect open plan large reception area with floor to ceiling windows leading to two private balconies offering spectacular views of the Canary Wharf skyline. Two spacious bedrooms offering ample storage space and the master bedroom benefiting from a luxury en-suite. There is also a family bathroom. An additional large storage room (utility room) and a large wardrobe in the entrance make this apartment unique in terms of space available. Resident facilities include 24 hour concierge, roof terrace, gymnasium with Jacuzzi sauna and steam room. Secured premium parking space (rare in the building as most parking spaces are stackers). Ability Place is excellently located in the sought after dockside area, 2 minutes from South Quay DLR station and approximately 15 minutes walking to Canary Wharf Station. Perfectly located with a several surrounding shops and restaurants close by. The apartment extends to approximately 1120 sqft / 104 sqm. Good value for money in terms of price per square meter and quality of the property in comparison to anything similar in the area – high floor, great conditions. Leasehold 125 years from 01/01/2009 (approximately 108 years remaining) Annual service charge (including reserve fund) on average of approx GBP 7,800 per annum (with 2025 much lower thanks to economies achieved) – Ground Rent 700 per annum. Rental potential GBP 3,500+ PCM plus parking (premium) rental GBP 150 PCM (easily achievable) – representing a rental yield of approx. 5.3% gross (at the asking price of GBP 825,000). Fibre internet available in the building (several providers). Very comfortable rubbish chutes located on each floor (don’t need to go downstairs to throw away the rubbish!)