3 bed flat for sale

20 Palmers Rd, London E2

Stunning three bedroom split level waterside apartment with private terrace and allocated underground parking (optional, under separate lease, with potential to exclude bringing the price down), enviably situated on the banks of the Regents Canal in a sought after development close to transport links and fashionable amenities. The property offers bright and spacious accommodation over two floors, with stylish interiors and modern finish throughout - ideal for homeowner or investor alike in this very desirable location. Features include a large reception room with riverside views, modern bathroom, guest WC, electric heating, double glazing, inbuilt storage, and quality floor coverings. The development itself boasts secure parking and concierge services, and has been entirely re-clad to bring the building to EW1S standards.

Accommodation comprises entrance hall with stairs rising to the upper floor and access to inbuilt storage and guest WC, leading into the inviting reception room with sliding doors onto the terrace, and ample space for relaxing, entertaining and dining. The separate kitchen comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit, induction hob with overhead extractor, electric oven, and further space for appliances. To the upper floor, there are three well proportioned bedrooms - two with fantastic front facing canal views - plus a family bathroom with modern white three piece suite.

The property is located close to transport links from nearby Cambridge Heath or Bethnal Green stations, as well as numerous regular bus routes. There are a wealth of fashionable shops, bars, cafes and restaurants within a short distance, perfectly balanced with the expanse of the Regents Canal, and the beautiful open spaces of Mile End Park and Victoria Park offering a peaceful retreat from the town.

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Lease Information

We understand the lease on the property is 125 years from 25th March 2004. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Service Charges

We understand the service charge on the property is currently circa £5,095 per annum, though this is expected to reduce after cladding costs are complete. Ground rent is £250 per annum.

Ground rent for the parking is £25 per annum with £366 service charge.

All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

D

Annual Ground Rent

£250.00

Ground Rent Review Period

No review period

Annual Service Charge

£5,095.00

Service Charge Review Period

Every 1 year

Lease End Date

25/03/2129

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.