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2 bed flat for sale

£450,000 Guide price

Skein Court, Gresham Place, London E3

2 bed flat for sale 2 1 1
Interested in this property? Call +44 20 8033 5684 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Two bedroom modern apartment
  • Private residential development
  • Open plan kitchen, lounge area
  • Private balcony
  • Two double bedrooms
  • Spacious kitchen with integrated appliances
  • Long lease
  • Desirable loaction

Property description



Guide Price £450,000 - £475,000
Ashley King Canary Wharf are delighted to present this well presented two bedroom one bathroom apartment in the desirable development, spread across the fifth floor of this recently built development and measuring close to 700sqft is this immaculate apartment finished to a high specification.

This bright, predominantly east facing property has a spacious open plan living room with full height windows giving access out to a large private balcony. The open plan kitchen is certain to impress, finished with high gloss units incorporating integrated kitchen appliances and ample cupboard space. Well proportioned and neutrally decorated double sized bedrooms.

This property includes secure intercom entry, lift, cycle storage and we understand that an allocated parking space can be requested from Poplar Harca, with applications considered on a case-by-case basis. The service charge is also low relative to other similar properties.

Location:
Excellent public transport links to Canary Wharf, City and Stratford come courtesy of Mile End Underground station, which is just under a ten-minute walk away, and the development only is a short stroll from Victoria Park.

Tenure: Leasehold
Lease: 250 years from 2017
Ground Rent: £250.00 per annum
Service Charges: Approx. £2000 per annum
Local authority: Tower hamlets
Council Tax Band: D
Total Sq Ft: 700 Approx
EPC – B

Disclaimer: Ashley King endeavour to advertise accurate representations of properties in descriptions, virtual tours and floor plans, however, they are intended as a guide only and interested parties must satisfy themselves by undertaking a personal inspection.

Property info

Floorplan(s): Floorplan 1

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Property value data/graphs for E3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £654,632 £617 3.2 £985,000
Semi-detached £444,128 £652 3.1 £868,333
Terraced £650,801 £646 3.1 £939,890
Flats £435,817 £581 2.0 £388,767

Current asking prices in E3

Average: £444,844
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £325,000
(1)
£392,399
(10)
£869,444
(9)
£1,133,636
(11)
£1,800,000
(1)
Flats £346,084
(163)
£452,383
(202)
£515,357
(42)
£550,000
(9)
-
All £345,955
(164)
£449,554
(212)
£577,843
(51)
£871,000
(20)
£1,800,000
(1)

Current asking rents in E3

Average: £2,364 pcm
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,253 pcm
(12)
£2,367 pcm
(3)
£3,440 pcm
(5)
£3,916 pcm
(12)
£4,800 pcm
(6)
Flats £1,767 pcm
(161)
£2,444 pcm
(148)
£3,034 pcm
(30)
£3,310 pcm
(27)
£4,525 pcm
(4)
All £1,732 pcm
(173)
£2,443 pcm
(151)
£3,092 pcm
(35)
£3,497 pcm
(39)
£4,690 pcm
(10)

Fun facts for E3

Highest value in E3
Highest value streets Zed-Index
Aberavon Road £1,166,619
Kenilworth Road £967,330
Nightingale Mews £948,492
Clinton Road £893,641
Lichfield Road £877,211
Highest turnover in E3
Highest turnover streets Turnover
Wyke Road 63.4%
Gresham Place 48.0%
Remus Road 46.7%
Fairfield Road 38.5%
Festubert Place 37.3%
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For more information about this property, please contact
Ashley King, E14 on +44 20 8033 5684 * (local rate)

Monthly running costs Beta

£1,945 Monthly total

Mortgage

Purchase price
Deposit (10%) 45,000
Repayment term 25
Interest rate 2.0
Your payment £1,716 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £13/mo (£158/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £26 Electricity £39 Estimated energy cost £65/mo

Similar properties could save up to £177

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band D Council tax cost £125 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £13 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Ashley King about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ashley King, and do not constitute property particulars. Please contact Ashley King for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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