The Property
Visit PURPLEBRICKS.COM anytime 24/7 to make arrangements to view!

Situated within the highly celebrated and much coveted Whitechapel area, Purplebricks take great pride in being chosen to exclusively market this outstanding two double bedroom purpose built apartment.

Forming part of a handsome red-brick mansion-style building, the property’s accommodation is arranged over two floors boasts around square feet in area.

The apartment comes with a well presented interior and is superbly appointed with a range of modern, high spec fixtures & fittings along with a smart, neutral finish.

The property is bright, airy and offers an uplifting feel throughout its interior. The apartment
has beautiful high ceilings throughout and a spacious lounge/diner with attractive three-light bay window.

Further benefits include a secured entrance with access via intercom facility, gas heating and a deep built in hallway storage cupboard.

For potential landlords, please note the proximity to the Royal London Hospital just around the corner, the City of London 10 minutes to the west and Queen Marys University 10 minutes to the east ensures almost garunteed and continued rental demand.

This property comes with the added advantage of being marketed with NO ONWARD CHAIN!

Location
The property stands enviably in the heart of London’s wonderfully eclectic E1 postcode district!

For the ease and convenience of commuters, the flat is situated around ¼ mile (5 min walk approx') of Whitechapel Station (District, Hammersmith & City & London Overground). Stepney Green Tube as well as Shadwell DLR/Overground stations also lie only around 1/2 mile away (10 minute walk approx'). The recent arrival of the much-heralded Elizabeth Line to the local area has made access across Central London and to Heathrow Airport be even quicker!

The property’s favourable location means that you will have some of London's globally renowned cultural, culinary and social hotspots at your convenient disposal. Whether you're in the mood for the vibrant diversity of Brick Lane and Columbia Road, or the bright lights and bustle of the City and West End, or maybe even some of the trendy hang-outs synonymous with the Shoreditch and Old Street areas, there really is something for everyone and access to all of this could hardly be easier!

Some local attractions within the immediate vicinity include Stepney City Farm, Brick Lane, Whitechapel Art Gallery, the Genesis Cinema, Stepney Park, the Blind Beggar Pub as well as the world famous Rinkoff bakery.

Property Description
Being Sold by GOTO Online Auction
Starting Bids from £325,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor or 10 working days after receipt of the buyer’s premium, whichever is earlier Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

10% in excess Please note this property is subject to an undisclosed Reserve Price which is typically no more than of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.


Specification
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396.00 including VAT. This secures the transaction and takes the property off the market.

Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.


Spec Continued
Material Information.
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.


Property ownership information

Ground rent review period: No review period

Service charge review period: Every 123 years

Lease end date: 24/03/2169

Property Description DisclaimerThis 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.

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.