3 bed Flat For Sale £440,000
Cable Street, London E1

Ludlowthompson are delighted to present to the market this fantastic 3 bedroom split level apartment.

Ideal for an investor, looking to maximise their rental yield or simply for those looking to find the perfect home.

Spanning over 861 sq ft, the ground floor of the property comprises private front garden with storage shed and private entrance porch, modern separate kitchen with large storage cupboards, WC, separate study and large reception with direct access to the rear decked garden.

The 1st floor houses family bathroom, 2 large double bedrooms and storage cupboards.

The property is ideally located, with easy reach of local amenities, with the bars and restaurants of Wapping a short walk away. It’s just a two minute walk to the highly-rated Wapping Farmers Market which takes place every Sunday, and the beautiful King Edward VII Memorial Park, as well as just a three minute walk to the historic Prospect of Whitby public house.

Offered chain free and boasting excellent transport links into the City and Canary Wharf, this property is bound to go quickly. To arrange a must see viewing please call the City sales team on[use Contact Agent Button].

Being Sold by Online Auction

Starting Bids from: £440,000

Buy it now option available

Please call or visit Online Auctions for more information.

This property is for sale by Modern Method of Auction. The 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 contact Ludlow Thompson.

General Information:
Auctioneer's Comments

This property is 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 are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means 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 sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free 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 £12,000 including VAT and a Legal Pack fee of £354 including VAT. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price. Tenure: Leasehold. Lease length: 100 years. Council tax: Band C.