Flat 11 Capital Wharf, 50 Wapping High Street, London, E1W 1LY
- Conditional Online Auction Sale
- Bedrooms: 1
GOTO GROUP PRESENTS THIS ONE-BEDROOM APARTMENT IN LONDON - E1W
Tenure
Leasehold
Description
Situated on the north side of the River Thames on the sought-after cobbled and historic Wapping High Street towards the St Katherine’s Docks and Tower Bridge end, situated next door to the Pierhead and close to the City of London, this rare to the market nearly 1000 sq ft well-proportioned one-bedroom apartment on the 4th floor with direct River Thames and Tower Bridge views offers spacious accommodation in a prime London location, ideal for first-time buyers, professionals, or investors alike.
The property is accessed via an entrance hall with useful storage space and doors leading to the principal accommodation. The generous open plan living and dining room flooded with natural light with direct access to the private balcony overlooking the River with iconic views of Tower Bridge provides an excellent space for relaxing and entertaining. The separate fitted kitchen offers a range of units with ample worktop space and room for appliances.
The bedroom is a particularly impressive double room, benefiting from excellent proportions and natural light. The property also features a family bathroom fitted with a panel bath and wash hand basin, alongside the added convenience of a separate WC.
The property comes with its own parking space no. 140 in a secure underground car park with direct access to the lift to the fourth floor for the apartment.
Location
Located in the heart of Wapping, the property enjoys easy access to a wide range of local amenities, riverside walks, cafes, restaurants, and transport links.
Wapping Overground Station is nearby, providing convenient connections into The City, Canary Wharf, and Central London, while the A1203 and nearby Tower Bridge Road offer excellent road links across London. There is a bus stop outside the front doors with the 100 bus giving direct access to the City.
This desirable riverside location combines historic charm with modern city living. A key benefit is the secure and personal concierge service round the clock via the front desk for all deliveries appointments and any queries you may have.
Lease: 999 years from 1 January 1997
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.
EPC Rating
Current 80 / Potential 84
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via 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 exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, 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 give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £36,720 including VAT and a legal pack charge of £396 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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