1 Bedroom Apartment  For Sale £375,000

Chain Free

West-Facing Balcony with City View

Modern Apartment with Lift Access

Secure Parking

Ideal First Time Buy.

Good Investment Potential with over 6% Gross Yield

EPC Rating C

Council Tax Band D, Tower Hamlets

Leasehold

103 Lease Years Remaining

Ground Rent £300 per annum

Service Charge £2,300 per annum

A Spacious one bedroom apartment with Secure Parking and a Private Balcony offering sweeping West views of the City Skyline.

Located on the third floor of this popular Wapping development this well-presented apartment features a modern, open-plan kitchen, with built in appliances and plenty of storage space. The reception is great for natural light, particularly in the afternoons and evening. There is a good sized bedroom with built in wardrobes. The bathroom has clean, white tiling with a matching three-piece suite and a shower over the bath.

The building has secure entry and lift access. Ofcom shows broadband speeds available of up to 1000mbps. It's very well located with Tobacco Dock, one of East London's top event spaces on the doorstep. St Katharine Docks is just a 10 minute walk, as well two stations, Waitrose, Fitness First, The Sporting Club and a host of bars and restaurants.

This would make an ideal first purchase or a turnkey investment opportunity with a current rental income of £1900 per month.

Remaining lease approx. 102 years

EPC for Eluna Apartments, Wapping Lane, London, Greater London, E1W

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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Fees

Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50 inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
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Property Redress Scheme Membership detailsThe law requires your membership details