2 bed flat for sale

157 City Island Way, London E14

Enviably located in the heart of the much celebrated, London City Island, E14, the property boasts approximately 800 square feet of accommodation and comes superbly appointed with a fine array of luxury fixtures and fittings together with a sleek, contemporary finish throughout.

The property features a very impressive and stylish dual-aspect open plan living area - creating the ideal social space for those who like to regularly entertain and host dinner parties. Enjoy having direct access from both reception and main bedroom on to a large private balcony – perfect for al-fresco dining, entertaining guests or for simply relaxing with a G&T and good book in hand on a sunny summer’s afternoon!

Additional benefits include generous built-in storage capacity, double sized bedrooms with en-suite shower room to the Master Bedroom, a long 995 year lease (remaining), lift access, secured cycle storage, concierge service, well maintained communal areas and grounds and a fantastic array of on-site amenities and activities for the comfort and enjoyment of residents.

Location

Corson House forms part of the highly coveted ‘London City Island ‘development -one of London’s most exciting and up-and-coming modern communities! Offering an exceptional selection of ultra-modern restaurants, bars, cafés, delis and state of the art leisure facilities including communal Clubhouse, private leisure centre with gymnasium, spa and indoor and heated outdoor pool, and a grocer/deli surrounded by beautifully landscaped waterways and parkland. –London City Island represents contemporary 21st century city living at its peak!

Enjoy having speedy access in to the heart of the Canary Wharf business district – either on foot (25 mins approx’) or by Tube or DLR (4 minutes from Canning Town Tube and 7 minutes from East India DLR). Canning Town Tube/DLR Station is located just a stone’s throw away and is accessed by a footbridge connecting the island to the station entrance. East India and Star Lane DLR stations stand within around 1⁄2 mile (10 min walk approx’) and provide convenient access to Bank, Stratford International, City Airport and the Royal Greenwich Peninsula. There are also great local bus links that will take you directly in to the likes of Oxford Circus, Trafalgar Square, Bethnal Green, Hackney and the Isle of Dogs/Canary Wharf.

Canary Wharf is not just a globally renowned financial hub but is also highly coveted for its fantastic array of contemporary dockside restaurants and pubs along with a great selection of museums, cinemas, hotels and other social activities! The property’s favourable location means that you will also have many of London's other 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, Hoxton and Old Street areas, there really is something for everyone.

Property Description

Canary Wharf is not just a globally renowned financial hub but is also highly coveted for its fantastic array of contemporary dockside restaurants and pubs along with a great selection of museums, cinemas, hotels and other social activities! The property’s favourable location means that you will also have many of London's other 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, Hoxton and Old Street areas, there really is something for everyone.

Property ownership information

Lease: 999 Years from 1 January 2014
Annual Charge: £750
Ground Rent: Same as 2019 not changed over the years

Material information:
The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Spec Continued

This property is offered for sale using the Reservation fee process. Reservation fee is a new, innovative and pioneering process for buying and selling property. It significantly reduces the risk of gazumping or double-selling by offering security to both parties by gaining a commitment from both parties to buy and sell. When an offer is accepted, the buyer will be required to make payment of a non-refundable Reservation Fee of £7,200 including VAT (in addition to the final negotiated selling price). This will secure the transaction and the property will be taken off the market. The purchaser will not be exchanging contracts but will be given 90 working days in which to complete the transaction, from the date the Draft Contract is received by the buyer’s solicitor (or 10 working days after receipt of the Reservation Fee, whichever is earlier).

The buyer will also be required to pay a legal pack fee of £396 including VAT and to sign the Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Reservation Fee team at goto Group.

Buyer Fees

The Reservation fee and legal pack fee are in addition to the final negotiated selling price.

Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

E

Annual Ground Rent

£750.00

Ground Rent Review Period

Every 1 year

Annual Service Charge

£5,500.00

Service Charge Review Period

Every 1 year

Lease End Date

01/11/3018

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.