Property Auction House and RICS Registered Valuer

Next Auction:
13/6/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
 

Lot 7

120 Elektron Tower, 12 Blackwall Way, London

Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Photo of 120 Elektron Tower, 12 Blackwall Way, London
Sold Prior

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Lot 7

This two bedroom two bathroom apartment is situated on the 19th floor of a modern purpose built development. The building is located on the doorstep of East India DLR, just one stop away from Canning Town and the Jubilee line to Central London and just four stops away from London City Airport. A wide range of amenities is close at hand at Canary Wharf. Good road links serve the area with easy access to the A12, A13 and A406. The property is let on an Assured Shorthold Tenancy Agreement with a commencement date of 1st September 2019 and a rental income of £1,740 PCM. This tenancy will become periodic as of the end of August 2020. The property has a 24 hour concierge and a residents gym. Other benefits include gas central heating and double glazing. This property will be of interest to investors and end user occupiers.

ACCOMMODATION

Two bedrooms, two bathrooms, open plan kitchen reception and balcony.

TENURE

Leasehold: 982 Year Lease Remaining
Service Charge: £4,585 P.A Including Water, Heating & Electricity
Ground Rent: £300 P.A

LOCAL AUTHORITY & TAX RATING

Tower Hamlets Council: 020 7364 5000
Council Tax Band:E

VIEWING TIMES

Saturday 5th September @ 1pm
All viewings are arranged subject to Government Covid 19 guidelines & regulations.

Enquiry Form

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

Floorplans

Floorplan of 120 Elektron Tower, 12 Blackwall Way, London

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