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Wellspring House, Royal Eden Dock E16

Floorplan 1
1

Key features

  • South-facing
  • Courtyard views
  • 4th Floor
  • Approx. 6.3% gross yield
  • Moments from Custom House Elizabeth Line & DLR
  • Close to ExCeL London, City Hall and IFS Cloud Cable Car
  • Royal Dock

Description

A spacious south-facing studio apartment with an 84 sq ft private terrace, ideally positioned within Wellspring House at Royal Eden Docks, moments from Custom House Elizabeth Line station and ExCeL London.

Offering approximately 419 sq ft of internal accommodation, the apartment features a bright and well-proportioned open-plan living and sleeping area, a contemporary fitted kitchen, modern shower room and excellent built-in storage. The property benefits from a southerly aspect, providing good natural light throughout the day.

A particular highlight is the 84 sq ft private terrace, overlooking the landscaped internal courtyard. Its courtyard-facing position also provides a quieter and more private setting away from the main roads.

Royal Eden Docks is superbly located for transport and local amenities. Custom House station, providing Elizabeth Line and DLR services, is just moments away, offering fast connections to Canary Wharf, the City, Central London and Heathrow Airport. ExCeL London, the IFS Cloud Cable Car and City Hall are also located nearby.

The property is currently achieving approximately £1,900 per calendar month, representing a gross rental yield of approximately 6.3%, making it an attractive opportunity for investors seeking a modern apartment with strong transport connectivity in the Royal Docks regeneration area.

Service Charge: £2,067 pa
Ground Rent: £350 pa

At SJW, we approach property differently. Our guiding philosophy, "Treat each customer's property as your own," promises a tailored and comprehensive approach.

Backed by deep market knowledge from a proven track record after 10+ years in the industry with a team represented by seven different nationalities, we bring a wealth of diverse experiences to every transaction. This collaborative approach allows us to better understand our clients' needs and extract the unique value of each property, to facilitate a smooth and seamless transaction for both buyers and sellers.

When you choose SJW, you're not just choosing an agent, you're partnering with a dedicated team committed to making your property journey Secure, Joyful and Wise. Whether you have questions or want to discuss any listings, we're here to help. Call us at 020-7653-9680. We look forward to hearing from you.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Wellspring House, Royal Eden Dock E16

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Affordability

Monthly repayments£1,806
Property: £ 360,000
Deposit: £ 36,000
Interest rate: 5.33%
Term: 30 years
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About SJW Sales, London

10 Lower Thames Street, City of London, London EC3R 6AF

SJW are a forward thinking residential lettings & property management company with over 20 years of experience in the prime residential market. We let and manage properties within some of the most prestigious and stylish developments in London & surroundings.

Our business is fuelled by the commitment and expertise of our team and we take pride in providing first class service to our customers. SJW strongly believes in integrity and upholds the high professional standards.

At SJW we champion an open approach to communication and value the relationships we have with all our clients. It is our understanding of people and connections which makes us true property specialists. Furthermore, our trilingual team hail from the UK, China and Hong Kong, uniquely equipping us to help international landlords and tenants negotiate the complexities of the UK lettings system.

Recently, we have all been faced with unprecedented circumstances. As we navigate these extraordinary times, it is not just an estate agent that you need but a partner in property. At SJW we look after your properties as if they were our own. We are currently available for phone and video appointments. Market appraisals, home visits and viewings can still be undertaken while strictly adhering to social distancing and PPE guidance with the agreement of all parties.

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Disclaimer - Property reference 407WellspringHouse. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SJW Sales, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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