1 Bed, Purpose Built Apartment
Ensign Street - Tower Hill, E1
- Shared Garden & Shared Terrace
LudlowThompson are delighted to present to the market this spacious one bedroom apartment, ideal for first-time buyers and investors alike.
Conveniently located within close reach of The City, Canary Wharf and the amenities of Wapping, this thoughtfully designed apartment comprises a large entrance hallway, housing separate WC, fully integrated kitchen, spacious reception with direct access to the gardens, large built in storage cupboards in both the hallway and spacious bedroom with en suite.
This further benefits underground parking, dry bike storage and a share of freehold.
With many of the residents acting as Directors, the development is run extremely efficiently and maintained to a fantastic standard.
Sapphire Court was built in 1998 and has lift access to all floors with a newly updated intercom system providing residents with a degree of control and security. The building also has access to many broad band options including ultra -fast.
The location of the property is in a much sought-after area, especially for those looking for easy access to The City or the lively vibe of Shoreditch and Brick Lane. Tower Hill Underground, Tower Gateway DLR, and Fenchurch Street, National Rail are all within a short walking distance and provide great transport links to all parts of London and beyond. Local bus services and lots of TFL bike stations make traveling in and around the area super easy. St Katherines Dock with its wide range of waterside bars, restaurants, and entertainment is just around the corner. There is a good choice of local independent shops and businesses and both Waitrose and Sainsbury are within a five-minute walk. For those who like a little art and culture, the little gem that is Wiltons Music Hall is just one street away or maybe you would prefer to take a short stroll and enjoy the unique atmosphere of Wapping with its historic riverside inns, a network of waterways, and charming cobbled streets.
It’s also worth noting that the property is just a few hundred yards away from Royal Mint Court a property in East Smithfield, in London's East End, close to the City of London financial district.
The site was the home of the Royal Mint from 1809 until 1967 and was earlier the site of a Cistercian abbey, built-in 1348 and known in its time as Eastminster. Eastminster's foundations are well preserved and visible in the partially open basement of the site. Planning permission has been granted for the New Chinese Embassy to be built on the site, which will make the area extremely attractive to shrewd investors.
Figures for 2022/2023:
• Tenure is Leasehold - 975 years remaining (NOTE: with share of the Freehold)
• Service Fees are only £2.9k PER YEAR, payable half yearly - £1,450 every 6 months.
• NO GROUND RENT
The major benefit is that they will also own a percentage of the whole building, and become a shareholder of the Freehold Company - probably worth at least £15k in real terms.
• Council Tax band is E - £1,860
Viewings come highly recommended. For appointments, please call the City & Docklands team on 020 7480 0170.
- Perfect First Time Buy
- Secure Underground Private Parking
- One Double Bedroom Apartment
- Share of Freehold
- Chain Free
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