£440,000
1 bed flat for sale50 Thomas More Street, London E1W
1 bed
1 bath
1 reception
- Leasehold
Purplebricks, Head Office
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About this property
Superb 1 bed apartment
Recently renovated
Underfloor heating
Secondary glazing
Balcony
New kitchen inc quality appliances
Walk to city
Very long lease
Guaranteed rental income £2,217 pcm
Beautiful, recently renovated 1 bed flat in St Katherine Docks, an ideal investment opportunity. Renovated in 2019 to an extremely high standard - wood floors throughout, underfloor heating, brand new kitchen and bathroom in granite and marble, new appliances (Smeg cooker, Bosch dishwasher and washing machine, Neff fridge). There is a good size bedroom with a walk in wardrobe as well as a private balcony.
The flat is walking distance to the city and good transport links nearby - Tower Hill and Tower Gateway both an 8 min walk, and a good selection of buses (42,78,100) around the corner. There is a Waitrose directly opposite the property, as well as a Fitness First, dry cleaner and hairdresser. Situated on the docks, there is also a great selection of restaurants and bars in close proximity. Of course it is also a 7 minute walk from Tower Bridge.
The flat is currently let to a corporate tenant, with 2 years remaining on the lease (until August 2026), with a guaranteed income of £2217 pcm. This includes £117 for council tax, which is payable by the owner. Viewing opportunities are very limited, taking place on 3rd and 4th of July only. If interested, please get in touch and we can schedule an appointment.
Property Ownership Information
Tenure
Leasehold
Council Tax Band
C
Annual Ground Rent
£10.00
Ground Rent Review Period
No review period
Annual Service Charge
£2,500.00
Service Charge Review Period
No review period
Lease End Date
01/02/2949
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.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review