This property has been taken off the market.

2 Bed Apartment House For Sale Cremer Street, London, E2

£525,000- Apartment

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 3rd May 2024

Description

This very well presented and spacious two bedroom, ground floor flat in the heart of Shoreditch is offered chain free. Nichols Court occupies a prominent position on Cremer Street, a quiet 'no through' road in a highly sought after pocket of Shoreditch/Hoxton and close to the thriving centre of Shoreditch. 

It is a secure gated development which benefits from a fob access entry system and a gated car park. 

The expansive open-plan living area is a versatile space with plenty of room for dining and entertaining. 

Both bedrooms are well-sized doubles and feature built-in wardrobes. 

There is also a large storage cupboard in the hallway allowing for plenty of storage options. The kitchen is well presented with ample storage and work surfaces. 

The partially tiled bathroom has been recently renovated and comprises a 3 piece suite with shower over bath.    


Nichols Court is very close to all local amenities, attractions and transport giving easy access to all of London:                        

Hoxton Overground Station (Wheelchair accessible) is 1 minute walk and connects quickly to District, Circle, Victoria and DLR lines
Colombia Road Flower Market and Regents Canal – 5 minutes walk, Old Street Station (Northern Line) – 10 minutes walk                    

Brick Lane and London Fields – 10 minutes walk Spitalfields and the City – 10 to 15 minutes walk Victoria Park – 15 minutes walk    


The flat is approx 787 sqft with 100 years remaining on the lease. New legislation is expected which will benefit leaseholders making it easier to extend leases in future. The development benefits from a low service charge of approx £2,300pa (includes Water Rates), and a Sinking Fund in excess of £205,000 for Block A (which contains flats 1 – 27), which will cover future planned maintenance works such as external decoration etc. The development has just received a new roof which is subject to a 20 year guarantee.

Available with no onward chain, this  flat would also make a good investment property with an estimated rental income of £2,400pcm.

Book online today to avoid missing out!!

LEASE INFORMATION

We have been informed by the current owners of the following:

Lease Term: 100 years

Service Charge: c £2,300 pa

Ground Rent; c. £250 pa

EPC Rating: D

Council Tax: D

(Figures are direct from the vendor & should be confirmed via solicitors)


Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller or information supplied by a third party. We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 + VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances


Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details
Yopa
Meridian House Wheatfield Way Hinckley LE10 1YG

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£550,000
London, E2
Flat
9.7
£435,000
London, N1
Flat
9.5
£800,000
London, N1
Flat
9.1
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested