Being sold via

Secure Sale online bidding. Terms & Conditions apply. Starting Bid £375,000

This property will be legally prepared enabling any interested

buyer to secure the property immediately once their bid/offer has been accepted.

Ultimately a transparent process which provides speed, security and certainty

for all parties.

Welcome to this bright and welcoming one-bedroom apartment, a truly excellent opportunity for anyone looking for a smart buy-to-let investment in a vibrant London location. Situated just a two-minute walk from Shadwell Station, this home offers unparalleled convenience for commuting and exploring the capital, making it a highly attractive prospect for tenants.

As you step inside, you'll find a comfortable and practical layout designed for modern city living. The reception room provides a flexible space, perfect for relaxing after a busy day or setting up a compact dining area. It's a room full of light, creating an inviting atmosphere that feels just right for unwinding. The thoughtful design ensures that every square foot is utilised effectively, offering a neat and low-maintenance living environment.

The kitchen, while compact, is perfectly functional for everyday needs, allowing you to prepare meals with ease. It's designed to be efficient, ensuring that you have everything you need within reach without feeling cluttered. This apartment is all about making life simpler and more enjoyable for its occupants.

Your bedroom is a peaceful retreat, offering a quiet space to rest and recharge. It's just the right size for a comfortable double bed and essential furnishings, providing a cosy and characterful haven. The apartment also includes a well-maintained bathroom, complete with all the necessary fittings, ensuring a comfortable and convenient experience for the tenant.

One of the real highlights of this property is its exceptional location. Beyond the immediate proximity to Shadwell Station, you'll find yourself within easy walking distance of the charming areas of Wapping and the picturesque St Katherine's Dock. Imagine leisurely strolls along the waterfront, enjoying the historic atmosphere, or discovering the array of independent cafes, restaurants, and shops that these areas have to offer. This connectivity to local amenities and cultural hotspots significantly enhances the appeal of the property for potential renters, ensuring consistent demand.

This apartment is being sold with a tenant already in situ, providing an immediate income stream from day one. Currently let at £1350 PCM, on a statutory periodic tenancy. This makes it an incredibly straightforward and appealing option for investors seeking a hassle-free addition to their portfolio. The current lease has a healthy 107 years remaining, offering long-term security and peace of mind for the new owner. This commitment to a well-maintained property, coupled with its prime location, makes it a standout feature in the current market.

This home is ready for its next chapter, offering a reliable and promising investment opportunity in one of London's most dynamic areas. It's a property that truly delivers on its promise of convenience and potential. Get in touch today to learn more about this excellent buy-to-let apartment – we'd love to provide you with all the details and help you take the next step.

Lease - 107 Years

Ground Rent - £250 pa

Service Charge - £3,150 pa

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

The property misdescriptions act 1991. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitors.