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Valencia Tower, 3 Bollinder Place, London, EC1V

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

2

SIZE

1,054 sq ft

98 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 9th Floor 3 Bed, 2 Bath Apartment
  • Tenanted Recently @ £4,900/pcm
  • Est. NET Return of 4.7% for Investors
  • Stunning Zone 1 Development from Berkeley Homes
  • Extensive Residents Amenities
  • Concierge, Swimming Pool, Residents Lounge, Cinema Room and More!
  • Great Connectivity
  • Sold with No Upward Chain
  • Contact Essence for Further Information
  • Viewings Strictly By Appointment Only

Description

250 CITY ROAD | VALENCIA TOWER 3 BED APARTMENT | Turnkey Investment Opportunity | Recently Tenanted @ £4,900/pcm | Fantastic Zone 1 Development from Berkeley Homes | 9th Floor | Contact Essence Real Estate for Further Information |

Located on the 9th floor of Valencia Tower, this 3 bed apartment offers modern, high spec finishes throughout with stunning city views from the floor-to-ceiling windows in the living room and master bedroom in particular. Sold with tenant in situ, this represents a rare opportunity to secure a recently tenanted property at a very competitive price, with the apartment income-generating from Day 1 at a rate of £4,900/pcm (with the tenancy only having started in recent months).

Valencia Tower, 3 Bollinder Place, forms part of the landmark 250 City Road development in Islington, London EC1V. Designed by Foster + Partners, the development provides a contemporary collection of residential buildings centred around landscaped communal spaces and extensive resident amenities. Valencia Tower rises approximately 130 metres over 37 storeys and was completed in 2023.

Residents benefit from 24-hour concierge and security, a residents' lounge, fully equipped gym, 20-metre swimming pool, hydrotherapy pool, sauna and steam room, cinema, treatment facilities, landscaped gardens and rooftop fitness facilities. Apartments are characterised by contemporary interiors, open-plan living spaces and extensive glazing, with upper floors providing panoramic views across central London and the City.

The development occupies a highly accessible Zone 1 position on City Road, close to Angel, Old Street, Shoreditch and the City. Old Street Station is approximately 0.4 miles away and Angel Station approximately 0.6 miles, while Regent's Canal and City Road Basin are immediately adjacent. The combination of central location, transport connectivity, high-quality residential accommodation and extensive amenity provision positions Valencia Tower firmly within the prime central London apartment market. 

Ownership- 100% Tenure- Leasehold. We are advised by the vendor that there is approx.991 years remaining on the current lease.

Service Charge- We are advised by the vendor that the current service charge is approx. £12,000 per annum.

Ground Rent- We are advised by the vendor that the current ground rent is approx. £TBC per annum.

*Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor. 

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: Essence has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: Essence has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor. 
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.
Band: G
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.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Lateral living

Valencia Tower, 3 Bollinder Place, London, EC1V

Approximate location

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Affordability

Monthly repayments£4,965
Property: £ 990,000
Deposit: £ 99,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Essence Property Investment & Management, Birmingham

14 Skinner Lane, Birmingham, West Midlands, B5 6AR

Welcome to ESSENCE PROPERTY. We specialise in selling, letting and managing properties, as well as providing consultancy services to professional landlords, investors and property developers.

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Disclaimer - Property reference 102640001553. 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 Essence Property Investment & Management, Birmingham. 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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