House For Sale £399,950
Desford road, London, E16

A 2 bedroom property located within close proximity to Canning Town Jubilee/DLR Zone 2 and Star Lane DLR Stations and Barking road shops and local bus routes. The property is located in a desirable residential area of Victorian properties and benefits from GCH system , double glazing and additional downstairs cloakroom, CHAIN FREE.

Epc rating C.

Council tax banding C (£1,446.69) From Government sites

A 1.54 KwP Solar Panel array was installed by a fully qualified MCS Accredited Installer in August 2011. The system produces free electricity and produces the maximum possible Feed in Tariff of 71.85 pence per kilowatt produced (as of 1st April 2024)
The new owner will immediately benefit from a tax free income from the feed in tariff and the house produces on average an income of £750 per annum. The Feed in Tariff increases with inflation every April so it is future-proofed against electricity price increases.

As mentioned the house is conveniently positioned for Canning Town Jubilee/Dlr Station (zone 2) with links to Canary Wharf and the City which can be accessed in 5 minutes and 30-35 minutes respectively. City Airport and the Excel Centre with its bars and restaurants are also close by. There is also the Emirates cable car providing easy access to the O2 Arena and direct access to the A406 with links to the M25/M11/A12 and the A13 which leads directly to the Dartford Tunnel with Lakeside and Bluewater Shopping Retail Parks or The Blackwall Tunnel/The City. The Westfield Centre in Stratford and Galleons Reach retail park are also accessible.

Canning town E16, is still in the process of major regeneration and investment to include:

A cinema, with additional shops and bars opposite Canning town station due to be in its final stages of completion in 2024.

Plans for the areas North and West of Custom House to be transformed into a vibrant commercial hub, linking it to Crossrail.

ELIZABETH LINE SERVICES (CROSSRAIL) FROM CUSTOM HOUSE
Now open, the Elizabeth line service offers a train every five minutes at peak time and allows passengers to travel all the way through to Paddington, Heathrow or Reading in the West and Abbey Wood in the east.

DEVELOPMENT OF NEARBY ROYAL ALBERT DOCKS

Royal docks is set to develop into the Capitals third major financial centre having been identified as having £22 billion of investment potential. Which includes the acquisition of the Royal Albert Dock in 2013 site to transform into the Asian Business port set to create 20,000 new full time jobs and projected to be worth £6 billion to London's economy.

The entire focus of the Royal Docks is one of a spiralling district for investment, development and sustained growth, a transformation into London's third showcase business and leisure destination fuelled by a dynamic transport infrastructure. PRS, Premiere House, 1st Floor, Elstree Way, Borehamwood, WD6 1JH.