Offers in Excess of £450,000

2 bed flat for sale in Cartwright Street, Tower Hill, E1 8 (ref: 19093421)

Shortlist

Key features

  • TWO BEDROOM WITH LOFT SPACE
  • PRIVATE BALCONY
  • ALLOCATED GATED PARKING
  • EXCELLENT TRANSPORT LINKS
  • SOUGHT AFTER LOCATION BY TOWER BRIDGE
  • LOW SERVICE CHARGES
  • IDEAL FIRST TIME PURCHASE
  • CHAIN FREE

Virtual Tour

** 2 BED APARTMENT WITH LOFT SPACE AND ALLOCATED PARKING IN TOWER HILL **

* GUIDE PRICE £465,000 - £480,000 *

OC Homes are delighted to present to the sales market, this beautifully finished apartment full of peace and tranquillity, situated on the edge of the City adjacent to St Katharine Docks and the Tower of London. The property is located in a sought after area, in zone 1, only two minutes’ walk to Tower Hill Tube, Tower Gateway DLR and Fenchurch Street Station, with easy access to Liverpool Street station.

The apartment is immaculately finished with marble flooring, air conditioning and minimalist furnishings. Located ideally for the working professional, this spacious two bedroom flat is ready to move in to. The apartment comes with a converted loft space (accessed by pull down ladder), good sized private balcony, secure gated allocated parking and benefits from a low service charge. Accommodation comprises; a bright and spacious reception room with dining area, well equipped kitchen, master bedroom with bespoke fitted wardrobes, elegant second bedroom/study with Juliette balcony and a modern three piece bathroom suite.

St. Mary Graces Court is part of a unique affordable housing scheme, offered as a 60% share (equivalent to 100% ownership in reality). The apartment was originally built in 1988 as shared ownership but is now available on the open market. The Crown lease of 60% is equivalent to 100% ownership with no rent to pay on the silent 40%. All equity from any sale or rental income is 100% due to the leaseholder. To arrange a viewing please call the OC Homes sales team now.

LocationSt Mary Graces Court is located on Cartwright Street off The Highway in Tower Hill, behind the old Royal Mint and was originally part of the Crown land which offered the unique shared ownership scheme at the time of building giving owners a share of the property with no rent to pay on the remaining share held by the Crown. The location is ideal for City workers, being on the fringe of the City and just 2 minutes walk from Tower Hill Tube Station (District and Circle Line). There is also quick access into Canary Wharf on the DLR via Tower Gateway and the c2c line into East London and Essex from Fenchurch Street Station. The picturesque St Katharine Dock marina with it's choice of shops, bars and restaurants is literally over the Highway, as is Wapping and it's plethora of local amenities. There are superb road links into the City and beyond and a great network of buses, and a short walk to the River Bus Uber Thames Clipper services at Tower Pier proving quick travel via the River Thames.

Tenure InformationLeasehold; 90 Years Remaining
Ground Rent: Nil
Service Charge: £157 per month
Council Tax: Tower Hamlets Band D; £1676 per year

Stamp duty due

Based on a sale price of £450,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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Further details

  • Status: Available
  • Size: 655 sqft
  • Council tax band: D
  • Tenure: Leasehold
  • Reference: 19093421

Location

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