Studio for sale

Clark Street, London E1

For sale: Studio Flat in Woollon House, Clark St, E1 – £290,000
1 Bath | 1 Reception | Chain Free | Leasehold

An exciting investment opportunity in a sought-after conservation area! This chain-free ground-floor studio flat offers fantastic development potential, with the possibility of converting into a one-bedroom flat (subject to planning permission).

The flat currently comprises a reception/living area and bathroom requiring general updating and modernisation, offering a blank canvas for a buyer looking to renovate and add value.

Located just 10 minutes from local amenities, including gyms, cafés, supermarkets, and within walking distance to the City of London, this is an excellent opportunity for investors, developers, or first-time buyers looking to create their ideal home.

Key Features:

✔ Prime E1 Location – Short walk to Whitechapel & Shadwell stations including Elizabeth Line, plus excellent bus links to The City & Central London.

✔ Scenic Views – Overlooks Sidney Square, a charming green space in a conservation area.

✔ Tranquil Communal Garden – A beautifully maintained retreat with flowers, fruits, and vegetables, featured in Open Garden events in London.

✔ Outdoor Space – Private balcony with access to a communal garden, plus a front garden area.

✔ Storage & Security – Includes two sheds for extra storage and gated security for peace of mind.

✔ Investor Appeal – Ideal for buy-to-let or a refurbishment project to add value.

✔ Leasehold – 89 years remaining, Service charge: £1,092 p.a., Ground rent: £10 p.a.

✔ Parking Available – Permit parking spaces outside (subject to application) & visitor permits available for purchase.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

B

Annual Ground Rent

£10.00

Ground Rent Review Period

Every 1 year

Annual Service Charge

£1,092.35

Service Charge Review Period

Every 1 year

Lease End Date

05/08/2113

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.