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For Sale 1 Bedroom 1 Bathroom 1 Reception From £237,160

Plashet Road, Newham, E13 - From £237,160

  • 8% Gross Yield For 5 Years For Investors
  • 1 Bedroom Apartments From £237,160
  • Completion: Q4 2017
  • 999 Lease
  • Charming London Borough Of Newham

INNER COURT RESIDENCE | 1 BEDROOM APARTMENTS

Inner Court Residence in London is offering an 8% per year assured rental for the first five years and is set in the heart of one of London's most distinguished neighbourhoods. This property consists of studio and one bedroom apartments offering high specification living with great style!

INVESTMENT OVERVIEW

Assured annual return to purchaser: from 6.58% net/8% gross

Term of rental assurance: 5 years

Buy back: 5 years = 115%
10 years = 125%

Interest on deposits paid: 6% interest when 99% deposit paid at exchange


Inner Court Residence is only 26 minutes away from London's business Hub Canary Wharf! Inner Court Residence is the perfect place to call home, designed for city life it offers residence a great city living experience offering a selection of Studio, large Studio and one bedroom apartments set in a stunning new development located in the charming London borough of Newham.

Inner Court Residence is ideal for those who wish to get on the London property ladder and is perfect for working professionals and young families. The project offers spacious apartments and boasts a fantastic location with tube and bus links to many of the cities central hot spots within minutes!

Inner Court Residence is designed to the highest standards and specifications with smart, stylish contemporary interiors. The inside of this property is just as impressive as the outside with the interiors deigned by experienced interior design specialists. Its not surprise that this home has a quality specification that ticks all the boxes when it comes to modern essentials.

The fitted kitchen is as stylish as it is functional with streamlined cabinets partnered by composite stone work tops, also included is all the appliances you need for a fully equipped and practical kitchen! The bathrooms are designed with a boutique hotel style sanitary ware and fittings style with luxury touches such as heated towel rails, bespoke cabinet and mirror demisters. There is everything included to start enjoying your apartment the minute you move in so you can sit back and relax, enjoying the luxurious touches and attention to details in your beautiful city apartment!

Just Eight minutes away from this property is Forest Gate station which will provide access to the new Crossrail which is starting is 2018!

* 8% per year rental income assured for 5 years

* Ground Rent: £500 pa

* Service Charges: £1500 pa

* 999 Year Lease

* Key card entry system

* Manned reception desk

* Fully furnished

* Fully equipped

* Experienced developer with 13 year track record

* 5 minutes walk from train stations & bus stops

* 26 minutes from Canary Wharf

* London Westfield Shopping centre one 1 mile away

* High specification Studio and 1 bedroom apartments

* CCTV

* 24 hour maintenance service

* Bike Storage

* Laundry

* Free parking

* Lounge

* Bar

* Wifi

PURCHASE PROCESS

Reservation fee: 10 %

Exchange of contracts: 50%

Payment on completion: 40%

...Read Less

The Stamp Duty for this property would be £2,243    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 2,243
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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