Ocean Wharf
Ocean Wharf
Location: Canary Wharf
This superb 1500sqft, 4 bed 2 bathroom penthouse, located on the 10th and 11th floor of a Canary Wharf gated development with river views was a rental property. The owner was looking to achieve better rental on the property and attain a more professional tenant profile. The flat had all the
core ingredients of a 5 start property, but due to poor layout, old décor and furniture it looked very unattractive. A new floor plan was designed for the property to enable the kitchen to be opened up to create a larger entertaining and living area. A 3rd bathroom was added to the property making it more desirable for sharers. The refurbishment and furnishings took 6 weeks. The pre works valuation was £1.1mil post works valuation reached £1.5mil with a pre works achieved rental income of £38,400pa and a post works rental income of £50,400. The property let within 4 weeks of the works completing.
