£550,000
3 bed maisonette for saleSt. Mary Graces Court, Cartwright Street, London E1
3 beds
1 bath
1 reception
EPC Rating: D
- Leasehold
Stirling Ackroyd - Shoreditch
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About this property
Maisonette
Three bedrooms
Excellent location
Private balcony and garden
Close to local amenities and transport links
Spanning just under 1,000 square feet, this charming two-story, three bedroom maisonette offers a rare opportunity to own a property in central London. Featuring a private balcony and garden, as well as secure, allocated parking. The property is perfectly situated approximately 0.4 miles from Tower Hill Underground Station.
Located on Cartwright Street, to the east of the historic Tower of London and moments from the iconic Tower Bridge, this property is ideally placed for city living. Just a street away lies the picturesque St Katharine Docks, renowned for its vibrant amenities and popular restaurants. St Mary Graces Court is a boutique residential and commercial development, currently benefiting from extensive cyclical decorations, including newly refurbished exterior and communal areas.
The location provides excellent transport links to the City, Canary Wharf and the West End, with Tower Gateway DLR and Tower Hill Tube (District and Circle lines) within an approximate five-minute walk. Waitrose is also conveniently located close by.
St Mary Graces Court presents a unique affordable housing opportunity, allowing buyers to purchase a 60% share of the property while paying no rent on the remaining 40%. This arrangement essentially grants the benefits of full ownership without ongoing rental costs on the unsold share.
Furthermore, any equity gained from selling the property or generating rental income belongs entirely to the leaseholder, offering a significant financial advantage.
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More information
Tenure
Leasehold (88 years)
Service charge
£2,587 per year
Council tax band
E
Ground rent
£100
Ground rent date of next review