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£390,000

Damien Court, Whitechapel, E1

  • 2 beds
Flat

£390,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,780 per month

Minimum deposit amount:

£19,500
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A bright third-floor 2 bedroom apartment in this mid 20th century building, redecorated, with some new floor coverings, in a gated development, with secure bicycle storage, in this sought after location.

The 621 Square feet of accommodation, benefits from large windows, a generous sized reception room, two double bedrooms, a fitted and applianced kitchen and a white bathroom. The access to the front door is via the third-floor balcony at the rear of the building. There is an intercom, gas central heating and double glazing.

Damien Court, is a private purpose-built block of flats in a 1930’s style, built in 1950. The original 4 story block has had 8 new duplex rooftop apartments built a few years ago at which time two lifts were constructed and some improvements were made to the communal facilities included locking cycle stores and bin stores. The vehicular gates are remotely controlled.



Tenure: The buyer will benefit from the extended lease of 135 years.

Leasehold, 99 year lease from the 24th June 1971, so 45 years unexpired. 

The vendor has an agreement with the freeholder that the current lease of 45 years unexpired will be extended to 90 years with a new peppercorn ground rent. The cost of this extension is £86,308.29 the freeholder will allow that to be paid on completion from the sale of this property. The legal work will be carried out in tandem with the sale of this property. The new owner will benefit from the new lease and will not have to contribute. 

The last Service Charge statement has been requested. Service charge for the last 6 months of 2024 was £1,188.01.

EPC: the ECP has been instructed and will be uploaded as soon as possible.

Availability 

The vendor has no onward purchase. 

The property is tenanted, the tenant is entitled to two months' notice. 

Sold with vacant possession. 

Viewing by appointment with sole agents, Look Property. 

WHITECHAPEL 

Whitechapel is a vibrant and diverse neighbourhood located in the heart of the East End of London. With a rich history, excellent transport links, and a thriving cultural scene, Whitechapel offers numerous advantages. 

Whitechapel boasts a range of leisure and cultural attractions. The area is home to several museums, art galleries, and theatres, including the Whitechapel Gallery, which is renowned for its contemporary art exhibitions. The nearby Brick Lane is famous for its vibrant street art scene, trendy cafes, and vintage shops, while the historic Spitalfields Market is a popular destination for foodies and shoppers alike. 

Whitechapel is also home to several iconic landmarks, including The Royal London Hospital and the Town Hall. The Royal London Hospital is one of the largest teaching hospitals in London and is renowned for its world-class medical facilities and expertise. It has a rich history dating back over 250 years and has played a crucial role in the development of modern medicine.  

The Town Hall was built in the early 20th century, the building is an impressive example of Edwardian architecture and is home to the offices of the London Borough of Tower Hamlets. The Town Hall is also a popular venue for events and exhibitions and hosts a range of cultural and community activities throughout the year. 

Another advantage of Whitechapel is its cultural diversity. The area has a rich history of immigration, and as a result, it is home to a diverse range of communities and cultures. This diversity is reflected in the wide range of shops, restaurants, and markets in the area, making it an attractive location for those seeking a cosmopolitan lifestyle. 

Located a few miles from the City of London, Whitechapel benefits from access to several station with the underground at Aldgate East and Stepney, the overground at Whitechapel and various bus routes. The DLR line is only 8 mins walk accessed at Shadwell station. 

Watney market is a local market located five hundred yards away with a collection of shops on either side. 

Whitechapel is one of the stations on the Elizabeth line. The station was extensively redeveloped as part of the Elizabeth line project, with a new ticket hall, platforms, and station facilities being built. The new station provides better connections to other parts of London, including Canary Wharf, the West End, and Heathrow airport. Whitechapel has also become an important interchange station, with connections to the Hammersmith & City and District lines, as well as Crossrail (the name used during construction for the Elizabeth line) services towards Reading and Heathrow. 

 

Ford Square and Cavell Street Gardens 

The council has secured funding to make improvements to both spaces.  

In 2018 and 2019 Tower Hamlets carried out consultation with residents on improvements to Ford Square and Cavell Street Gardens. Over 100 people participated. Following consultation, the landscape architects designed a revised plan to take on board residents’ concerns.   

These improved public amenity spaces nearby benefit all local residents.

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