Property description

Redwood Estates are delighted to offer an opportunity to step on the property ladder with this part buy/part rent property. The property is on a development set behind a tertiary row of Victorian era shops that front directly onto Commercial Road. It is based around an older building which has been refurbished and converted. There is a small selection of local shops on the nearby Salmon Lane and the nearest supermarket is just 0.1 miles away. Westferry DLR station is half a mile away giving easy access to Canary Wharf, Bank, London City Airport and Stratford.
Accommodation comprises: Communal Entrance hall with stairs leading to the property, entrance hall with plenty of storage space, open plan reception room with a lovely fitted kitchen, a double bedroom with fitted wardrobe and a well proportioned bathroom. Added benefits to note include underfloor heating, a small private balcony and a security entryphone system.
£58,750 represents a 25% share of the property with a full market value of £235,000. Rent on the unsold equity is set at 2.75%.

Main entrance hall
Communal entrance hall with stairwell

Entrance Hall
Internal floor area approx 48m2/ Fitted cupboard/ Built in cupboard housing boiler and / Built in storage cupboard

Front Bedroom 1 - 10'3" (3.12m) x 11'2" (3.4m)
Double glazed door to balcony/ Under floor heating/ Fitted cupboard/ Built in wardrobes/

Rear Reception room combined with kitchen area

Open Plan Lounge/Diner - 15'3" (4.65m) x 14'8" (4.47m)
Double glazed window to rear/ Double glazed door to balcony/ Range of fitted wall and base units/ Stainless steel sink unit with mixer tops and draining board/ Stainless steel cooker hood/ Space for washing machine/ Integrated electric oven and hob/ Part-tiled wall/Vinyl floor to kitchen area and fitted cupboard to the lounge

Bathroom
Wall mounted hand and wash basin/ Lower level WC/ Part tiled walls/ Panelled bath with overhead shower/

Sinking fund
There is a monthly sinking charge of £51,85

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.