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  • 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

Full 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 |

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.

Viewing
Please contact us on 0121 666 7588 (opt 1) if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Essence Property Investment and Management Ltd endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

Valuation

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