Description
BRAND NEW, this generous yet contemporary, RIVER FACING, one double bedroom apartment with PARKING included is not one to miss! Located in a new unique development on the peaceful banks of River Roding and spread over a spacious 561 Sqft, this modern apartment with its own private balcony is the epiphany of modern living. Sold brand new with no chain.
Rivermill Lofts, Barking
Rivermill Lofts is a unique development located on the peaceful banks of the River Roding in the market town of Barking. It is the centre of Barking's historic industrial heart and having undergone a remarkable regeneration in recent years, Rivermill Lofts is a fantastic investment prospect.
Just 10 miles from the heart of London, a new home in Barking offers an ideal setting with the benefits of city living and the sanctuary of a suburban retreat. Its bustling town centre, lively markets and superb transport links with Central London and Docklands make it a desirable place to live.
The development of 118 homes offers a selection of one and two bedroom apartments in a variety of styles and sizes. All homes come with balconies or terraces, and many have very affordable riverside and city views. There a number of other developments in the pipeline, and this is an excellent opportunity to make capital gains by being part of one of the first completed projects.
Barking Regeneration
Barking has been identified by the Mayor of London as one of the city's main growth opportunities - Bloomberg identified Barking & Dagenham as one of the highest growth areas in London at 13.9% in the last year. There are currently 16 sites going through planning in the area, and Weston Homes are one of the first developers to realise this potential with Rivermill Lofts - 1 of only 3 construction sites in the zone.
On the 17th of April Londonewcastle developers received planning permission for a mixed use scheme, effectively creating a new town centre for Barking. The development will feature a hotel, shopping centre, commercial, residential, a public realm and a school. No further details available yet, but this is more positive news for investors in the area.
Transport - Zone 4
Barking Tube Station (Hammersmith & City, District Line and Mainline) - 10 min walk
Journey times central
Canary Wharf - 18mins
Liverpool St - 19mins
Bank - 21mins
Bond St - 32mins
Key Selling Points
1. One of the first developments in a huge regeneration project - including a new town centre for Barking
2. Just under 10 minute walking distance to Barking Tube station, with direct access on the Hammersmith
& City and District Lines in to the City and West-end.
3. Peaceful, riverside living in London at affordable prices
5. Exceptionally low service charge and high rental yields - great for any rental investors
Sold with Vacant Possession and No Forward Chain DO NOT MISS OUT.
Floor area : 561.00 sq ft
Property age : New Build
