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Adriatic Apartments

Location : London, UK

PROJECT OVERVIEW

3 Reposessed 1245 sq.ft. apartments available as a lot for just £1.7million in the modern Capital East development adjacent to the Crown Plaza Hotel, on the northern side of Western Gateway overlooking the Royal Victoria Dock. The 1245 sq. ft. apartments are in an established residential/commercial area close to local amenities as well as Canary Wharf and London’s City Airport.

KEY FACTS

Distressed sale

£1.7 million/3 apartments

Originally sold for £1.1million each in 2008

2010 Market price £750,000 each

550,000 instant equity