Canary Reach, Bow Common Lane

The development is of 157 studio, one, two and three bed apartments on the banks of the Limehouse Cut Canal within the reach of the Wharf itself. With prices in the wharf creeping over the £1,000 per foot barrier, the new ‘Canary Reach’ scheme represents tremendous value at an average price of £560 per square foot.

Each unit will be built to exacting standards with:

• 2 years off plan build schedule
• Wooden floors throughout
• Underfloor, room-specific heating
• Fully fitted kitchens with integrated appliances and granite work surfaces
• Terraces or balconies to every apartment
• Luxury bathroom suites
• Built-in wardrobes

The waterside development lies just a 5 minutes walk from the new Langdon park tube station (5 mins journey to Canary Wharf) and is less than a mile from the future Olympic park. It is perfectly suited for buy-to-let investors with a buoyant lettings market within throughout the area. With London rents rising steadily and interest rates on the slide, it is a perfect time for the canny investor to add to their portfolio.

Structure:

To reserve, clients must pay a fee of £5,000 which is deductible from a 10% deposit.
Exchange of contracts takes place 21 days after receipt of papers by the client’s solicitor.
The balance is payable upon completion of the property in 2010.
All client deposits are protected under a premier NHBC warranty.


The first phase sold out within a week of launch and we are offering early bird investors the chance to register their interest in advance of the second phase release on February 18th 2008.

Pricing

Studios GBP 220,000
1 Bed apartments GBP 300,000
2 Bed apartments GBP 360,000
3 Bed apartments GBP 440,000