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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • 782sq ft 3rd floor 2 bedroom apartment with separate kitchen.
  • 675sq ft private roof terrace.
  • Located within 500m of Canary Wharf tube & 300m of South Quay DLR stations.
  • Eco-friendly building design / exceptionally energy efficient apartment.

Listing view statistics

Last 30 days: 370 page views

Since listed: 1751 page views

Description

Cash buyers only! A 3rd floor 782sq ft 2 bedroom apartment with a stunning 675sq ft private roof terrace located in the Phoenix Heights development in the heart of South Quay. The development is located less than 500m from Canary Wharf tube station & business district, & within 300m of South Quay DLR station.

Phoenix Heights was designed to be very eco-friendly, & the property is very energy efficient (see EPC graph). The development makes use of a local 'Combined Heat and Power' system and includes greenwalls, bird boxes, bat boxes, insect bricks & biodiversity roofs to help develop local eco-systems. A community space was designed as an integral part of the project, incorporating a rooftop sports pitch. The development won awards in 2010 including an Evening Standard award & an award from the Royal Institute of Architects of Ireland. The building was constructed by Ballymore Properties.

For sale by unconditional online auction.
On behalf of Chestertons - Canary Wharf

Tenure
Leasehold

Legal Pack
The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our sdl Auctions website.

Online Auction Registration
Every online bidder on sdl Auctions must first create an account on the online section of the sdl Auctions website -

This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction 'Terms and Conditions'. Once you have done this you will be able to search, 'watch' lots and download legal documents.

After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.

In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Unconditional Online Auction Procedure
If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.

The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.

Full terms and conditions are available on the sdl Auctions website -

Joint Agent
Chestertons

You could get

Fast broadband Fast broadband

Up to 12.3 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • South Quay 0.1 miles
  • Heron Quays 0.2 miles
  • City Gateway 14-19 Provision 0.1 miles
  • River House Montessori School 0.2 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • South Quay 0.1 miles
  • Heron Quays 0.2 miles
  • City Gateway 14-19 Provision 0.1 miles
  • River House Montessori School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in E14:

  • £519,159
  • Price decrease

  • -£23,812
  • (-4.386%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £466,044
  • Properties sold

    198

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in E14 is currently:

£2,219 pcm

Recent sales nearby

See all recent sales in E14
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.

The Agent

Price history

Sold prices provided by Land Registry
14th Oct 2020 £450,000 Price reduced by £50,000
7th Aug 2020 £500,000 Price reduced by £25,000
6th Aug 2020 £525,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Chestertons - Canary Wharf. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Chestertons - Canary Wharf for full details and further information.