Luxury properties in a tower inspired by New York’s trendy Meatpacking district are a prime investment opportunity prior to the arrival of Crossrail in E14.
That’s the claim made by Telford Homes, as it launches 120 units at Manhattan Plaza, in Poplar.
The development, designed by architect Barton Willmore, stands tall opposite Canary Wharf’s towers and the lattice roof of the rail station – the leisure section of which will be unveiled next month.
Train services will run from 2018, meaning east Londoners will be able to travel to Heathrow in less than 40 minutes.
Telford’s group sales and marketing director David Campbell said: “With average rental yields of around 4.5% and the arrival of Crossrail in 2018, we believe that the development offers a fantastic investment opportunity, as aside from strong returns, there is also the opportunity to benefit from significant potential capital growth.”
Private apartments and penthouses will offer a combination of one, two and three-bedroom homes while six townhouses are also available.
Many boast impressive views of the capital, with owners able to soak up the sights of the Wharf and the City or the River Thames. Inside, kitchens have been designed by Urban Myth with stainless steel appliances and stone worktops and bathrooms are kitted out with spacious walk-in shower enclosures or shower rooms.
David said: “Telford relishes the task of building first class apartments to meet the demands of even the most discerning purchaser, with a superb specification matched by development facilities such as a concierge service, private residents’ gymnasium and roof-top gardens with superb views.
“Surrounded by an enviable assortment of high-end retailers, restaurants and bars all within a short walk, the development is perfectly positioned to mix business with pleasure.”
Blackwall DLR station is a three-minute stroll away with speedy connections to Canary Wharf, Stratford and London City Airport.
Completions are expected in late 2017 and early the following year.
Prices start from £450,000 for a one-bedroom apartment.
Go to manhattanplaza.co.uk .