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1 bed flat for sale

£375,000

Ability Place, Millharbour, London E14

1 bed flat for sale 1 1 1
Interested in this property? Call +44 20 8033 5684 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • One bedroom apartment
  • One bathroom
  • Sixth floor
  • South facing
  • Private balcony with dock views
  • Leisure facilities gym, jacuzzi, steam and sauna
  • 24 hrs onsite concierge
  • EPC rating B

Property description



Ashley King Estate Agents are delighted to present this south facing one bedroom apartment, set over the sixth floor in the well-located Ability Place development. The property benefits from a modern internal finish, stylish décor and a south facing private balcony.

Location:
Ability Place is ideally set only moments away from South Quay DLR station for excellent transport links. Canary Wharf is also easily accessible for a wealth of bars, restaurants and shops.

Tenure: Leasehold
lease: 125 years from
service charge: £3286.68
ground rent: £500
Total Sq Ft: Approx. 560 Sq. Ft
Local Authority: Tower Hamlets
council tax band: D
EPC rating: B

disclaimer Disclaimer: Ashley King endeavour to advertise accurate representations of properties in descriptions, virtual tours and floor plans, however, they are intended as a guide only and interested parties must satisfy themselves by undertaking a personal inspection.

Property info

Property value data/graphs for E14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £873,659 £636 3.6 £592,500
Semi-detached - £604 3.2 £694,142
Terraced £683,717 £618 3.2 £720,049
Flats £522,702 £719 1.9 £487,212

Current asking prices in E14

Average: £663,040
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £368,000
(5)
£596,570
(28)
£846,901
(31)
£1,184,929
(14)
£985,000
(8)
Flats £483,097
(709)
£744,485
(877)
£955,348
(219)
£767,273
(11)
-
All £482,291
(714)
£739,909
(905)
£941,901
(250)
£1,001,160
(25)
£985,000
(8)

Current asking rents in E14

Average: £2,912 pcm
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,208 pcm
(55)
£3,193 pcm
(16)
£3,304 pcm
(21)
£3,649 pcm
(11)
£4,584 pcm
(17)
Flats £2,277 pcm
(813)
£3,396 pcm
(848)
£4,540 pcm
(143)
£5,317 pcm
(19)
-
All £2,209 pcm
(868)
£3,392 pcm
(864)
£4,382 pcm
(164)
£4,705 pcm
(30)
£4,584 pcm
(17)

Fun facts for E14

Highest value in E14
Highest value streets Zed-Index
Narrow Street £2,263,107
Narrow Street £1,451,741
Ropemakers Fields £1,369,064
Westferry Circus £1,193,791
Hertsmere Road £1,187,641
Highest turnover in E14
Highest turnover streets Turnover
Williamsburg Plaza 102.0%
Cording Street 83.6%
Madeira Street 64.2%
City Island Way 58.8%
Magellan Place 45.5%
Arrange Viewing

For more information about this property, please contact
Ashley King, E14 on +44 20 8033 5684 * (local rate)

Monthly running costs Beta

£1,624 Monthly total

Mortgage

Purchase price
Deposit (10%) 37,500
Repayment term 25
Interest rate 2.0
Your payment £1,430 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £14/mo (£173/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £31 Estimated energy cost £50/mo

Similar properties could save up to £145

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band C Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ashley King, and do not constitute property particulars. Please contact Ashley King for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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