2 bed Flat For Sale £525,000
Rope Street, South Dock Marina, SE16

A simply stunning apartment with a south-facing aspect overlooking South Dock Marina. It has a superb open-plan living area with high-specification kitchen, two fully tiled bathrooms, balcony, Oak flooring, secure parking space and a landscaped communal garden. Forthcoming share of freehold purchase and lease extension at additional cost. Chain free.

This first-floor home has been wonderfully maintained and improved upon by the current owners. Recent updates include the luxurious Wren kitchen with Microcement worktops and splashbacks, new flooring, bathroom enhancements, hot water cylinder and redecoration.
Both bedrooms overlook the gated garden, the kitchen boasts integrated Bosch appliances, there is useful hallway storage and the spacious master bedroom includes fitted wardrobes and an ensuite bathroom. There is also full double glazing, no carpets and a storage unit can be placed in the allocated parking space.

This property is part of the well-maintained and excellently managed Rainbow Quay development which was constructed in the late 90's and is comprised of 144 homes. There is secure underground parking and cycle racks with CCTV surveillance, a secure entry system, a pleasant courtyard garden and superfast internet is available through Hyperoptic. The communal hallways have also recently been redecorated and newly carpeted.

Set in tranquil surroundings, nestled between Greenland Dock and South Dock Marina, you will also find the Thames Path and Greenland Pier only seconds away, offering an alternative way of commuting both to the city and Canary Wharf via the river bus service. A scenic walk takes you to Canada Water Station (Jubilee Line & London Overground, Zone 2) and Surrey Quays Station (London Overground, Zone 2). Nearby is Surrey Docks Fitness and Watersports Centre, together with the shops, informal restaurants and green spaces in the recently created developments along Plough Way, including Tesco Express and The Pear Tree Kitchen.

Leasehold. The service charge is £2,681.86 (including £807.84 reserve fund contribution) per annum. The ground rent is £310 per annum and the lease has 98 full years remaining. The forthcoming share of freehold purchase is due to complete Autumn 2023 (involving over 90% of the leaseholders within the development). This will include an extension of the lease to 999 years and a significant reduction to the ground rent. Participation will require an additional cost of circa £16,000 for this property. Southwark Council Tax Band: E.