Posted: 01 Dec 2017
A development of brand new studio apartments is now available to rent for professionals looking for quality, purpose-built accommodation within easy reach of The City.
Cheviot House is a newly built community of 97 studio apartments on Commercial Road, E1, which offer modern luxury living with a range of additional benefits including fixed rents and residents rewards scheme.
Acquired by Red Door Ventures, the scheme is being brought to market by Strettons Residential. Strettons will also manage the property on behalf of Red Door Ventures.
Cheviot House is conveniently located between Whitechapel and Shadwell stations, which will soon benefit from the Elizabeth Line, giving easy access to Aldgate, Liverpool Street, Shoreditch and Brick Lane.
The apartments come with high-quality fixtures, oak wood flooring, fitted kitchens with appliances and designer bathroom suites. Each apartment offers contemporary interiors with open-plan living space and comes wired for Sonos audio and Sky Q. An intercom camera entry system as standard offers excellent security to residents.
Flexible Lease Options, Fixed Rent and Resident Rewards
In a market where rents can often rise each year, Cheviot House offers financial certainty to tenants as Red Door Ventures offers flexible terms and rents for an apartment are fixed for up to a five year period. Residents will also benefit from discounts and offers at high street retailers as part of Red Door Ventures’ Rewards Scheme.
Kent Taylor, Managing Director of Red Door Ventures comments, “Our vision is to provide PRS developments with additional services and facilities to make residents’ lives as easy as possible. Those moving into Cheviot House will be able to take full advantage of our Red Door Rewards scheme, which offers anyone living at a Red Door development, access to offers and discounts from a wide range of retailers, allowing residents to save money on anything from supermarket shops to holidays. The offers available are constantly being updated and new discounts are added on a regular basis.”
Apartments will be offered furnished or unfurnished.
Commenting on the development, Strettons’ director Philip Waterfield said: “These apartments are an excellent option for those looking for modern living along with the certainty of a long-term fixed tenancy.”
“Many people are concerned about the rising rents in London and this development offers a fantastic way to fix costs for five years. At a time when interest rates are rising, with costs passed on to tenants, securing a long-term tenancy at a fixed rate will appeal to many young professionals looking for quality accommodation near to The City.”
Studio apartments are available to rent from £1,150 per calendar month.