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1 bed Flat For Sale £260,000
Edward Mann Close East, London E1


Description
Visit anytime 24/7 to make arrangements to view!

Forming part this aesthetically attractive and characterful period mansion-style building, Purplebricks take pride in exclusively offering to the market this one double bedroom fourth (top) floor apartment.

Ideal for young professionals and investment purchasers alike, the flat boasts over 500 square feet of accommodation and comes complete with a well-presented interior and modern fixtures & fittings - yet possesses great scope and potential for those who are looking to stamp their own mark.

With its high ceilings, the flat possesses a characterful feel. Additional benefits include a fantastic views over the city skyline, secured entry via intercom facility, gas heating, double glazed windows and a large 'eat-in' kitchen/diner.

This property also carries the advantage of being marketed with no onward chain!

Location

The property stands enviably on the fringes of Limehouse and Wapping, between the City (Central London) and the Canary Wharf - being virtually on the doorstep - making it a highly sought after location for investors and/or professionals alike.

For the ease and convenience of commuters, the property lies on the historic commercial road, within just moments of Limehouse DLR Station (& National Rail, served by C2C). Shadwell Overground/DLR and Stepney Green Tube Station are also easily accessible and are situated approximately ½ mile away. The impending arrival of the much-heralded Elizabeth Line to nearby Whitechapel promises to make access through Central London and Heathrow Airport even speedier.

The apartment's favourable location means that you will have some of London's world famous cultural, culinary and social hotspots at your convenient disposal. Whether you're in the mood for the vibrant diversity of Brick Lane and Columbia Road, or the bright lights and bustle of the City and West End, or maybe even some of the trendy hang-outs synonymous with the, Shoreditch and Old Street areas, there really is something for everyone and access to all of this could hardly be easier!

Lease Information

Our client has advised us of the following:-

Lease Length Remaining - 95 years
Annual Service Charge - c£1500
Annual Ground Rent - £10

Property Description

Being Sold by goto Online Auction

Starting Bids from £260,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by goto Auctions.

To book a viewing visit Purplebricks

General Information

This property is offered for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the vendor’s solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneers authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auction Department.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £7,800 including VAT, plus an administration charge of £354 including VAT, a total of £8,154. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

No service charge

Service Charge Review Period

No review period

Lease End Date

N/a

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Follow the link for more information:
        
zoopla.co.uk

  
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