1x 1x
Shared Ownership
£137,500 Wapping,
London, E1W |
A well-presented one-bedroom apartment on the second floor of this popular purpose-built block in Tower Hill. The property comprises of one double bedroom, spacious reception with private balcony, modern kitchen, three-piece bathroom suite and ample storage.
Located ideally for the City worker, the property boasts excellent transport links into the city & canary wharf with Tower hill tube and Tower gateway DLR very close by. Local amenities include the bars and restaurants of Shoreditch and Brick lane to the north and the picturesque St Katharine’s Dock Marina to the south, all within walking distance. The apartment was originally built as shared ownership but is now available on the open market, with a 25% share on offer there is £TBC to pay on the remaining share not owned, there is also the option to simultaneously staircase to the standard 60% share of the development, this would be to the value of £ 330,000. The crown lease of 60% is equivalent to 100% ownership with no rent to pay on the silent 40%. All equity from any sales is 100% due to the leaseholder. An ideal first time buy, this property is sure to attract a lot of interest
Tenure Details:
Tenure - Leasehold
Lease Length - 68 Years
Ground Rent - £4.71 per year
service charge £93.03per anum
Rent £357.00 per month
Reception Room (3.08 x 4.34 m - 10′1″ x 14′3″ ft)
Bedroom (2.72 x 4.28 m - 8′11″ x 14′1″ ft)
Kitchen (3.08 x 4.34 m - 10′1″ x 14′3″ ft)
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.
Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
BALCONY, CLOSE TO PUBLIC TRANSPORT, FULLY FITTED KITCHEN, PARKING, LOCAL SHOPS AND AMENITIES, ONE DOUBLE BEDROOM