8.1% gross yield — strong rental return for investors
Cash purchase only — not suitable for mortgage buyers
Large modern 3 bed, 2 bath apartment ~980 sq ft
Private balcony with panoramic Canary Wharf skyline views
430 ft to Langdon Park DLR — excellent transport links
Building gym and 24-hour concierge included
High local crime and very deprived area — affects tenant mix
Leasehold with long term lease; ground rent £175/year
A high-yield, modern three-bedroom apartment suited to cash buyers and investors seeking central Canary Wharf rental income. The flat occupies roughly 980 sq ft with floor-to-ceiling windows, a private balcony and panoramic city views that appeal to professionals and short-term corporate lets. Building amenities include a gym, 24-hour concierge and secure bike storage, while EPC B and fast broadband/mobile coverage support strong tenant demand.
Positioned around 430 ft from Langdon Park DLR and within easy reach of Canary Wharf transport links, the property benefits from exceptional connectivity and a wide range of local amenities. Nearby primary and secondary schools hold Outstanding/Good Ofsted ratings, which broadens tenant appeal to professionals with families as well as sharers and commuting workers.
Material drawbacks are stated plainly: this is cash-purchase only, the location records high crime and the wider area is described as very deprived — factors that may affect tenant profiles and insurance or letting strategy. The flat is leasehold (long lease remaining), subject to a small ground rent (£175) and serviced by a community heating scheme; council tax is above average.
Overall, the apartment offers an attractive 8.1% gross yield and strong rental potential thanks to size, location and amenities, but it is best suited to buyers prepared to proceed with cash and to manage lettings and insurance considerations associated with the local area.
