2 bed flat for sale

Grove Street, London SE8

Property Overview
Located on the south bank of the River Thames in the heart of Islington, The Timberyard Deptford is ideally situated across from the bustling financial district of Canary Wharf. With London property prices surging in recent years, Deptford has emerged as one of the few affordable areas in Zone 2, attracting buyers from Canary Wharf seeking affordable housing options. This vibrant area has become a hub for creatives and businesses, offering excellent transportation links and an impressive local redevelopment plan of 7 million square feet of office, retail, leisure, cultural, and residential spaces to meet the needs of its community and surrounding areas.

The Timberyard Deptford consists of six adjacent communities, each with its unique charm and appeal.

Property Details

Meranti Apartments, 167 Grove Street, London, SE8 3GZ
Type: Two-Bedroom, Two-Bathroom Apartment
Floor: 783 sq. Ft. (72.8 sq. M)
Orientation: Northeast-facing with balcony
Price: £580,000.00
Rental Status: Tenanted, current monthly rental income of £2,500
Completion Date: 2020, nearly new condition
Leasehold: 999 years
Service Charge: £4.52 per sq. Ft. Per year
Ground Rent: £400 for two-bedroom units
Building Warranty: 10-year warranty until 2030
Project Highlights

Prime Location: Situated across from Canary Wharf, Deptford offers an affordable and accessible option for those working in central London, while also being an increasingly popular area for young professionals and creatives.

Excellent Transport Links: The property offers seamless connectivity with an 8-minute commute to central London’s London Bridge via a nearby station.

Vibrant Local Development: With 7 million square feet of newly planned office, retail, leisure, cultural, and residential spaces, Deptford is a one-stop destination for diverse lifestyle needs, meeting the full spectrum of work, play, and living requirements for the local community.