2 bed flat for sale

1 Candle Street E1

Service charge (For Leasehold tenure): £2482.8 per year.
Ground rent (For Leasehold tenure): £350 per year.

Full Market Value: £400,000
Share Value (40%): £160,000
Monthly Rent: £894.57
Service Charge: £206.90
Council Tax Band: D
Lease: 125 years from April 2007 (107 years remaining)
EWS1 Certification: B1 Rating. An independent panel of Fire Engineers is reviewing building inspections, with new inspections arranged where required.

This unique apartment opens into a hallway that wraps around the open-plan living area, ideal for sharers. The kitchen features beech-effect wall and base units, a granite-effect worktop, and integrated oven, hob, and extractor. The living area opens onto a larger-than-average south-facing terrace, perfect for relaxing, dining, or children to play. Two generous double bedrooms and a family bathroom complete the home.

The property benefits from a sinking fund, ensuring funds are set aside for major works like roof replacement.

Location: Mercer Court is well connected in East London, close to Stepney Green Underground (District & Hammersmith & City lines), Whitechapel Station (Overground, District, Hammersmith & City), and the DLR at Limehouse. Local amenities include shops, cafes, restaurants, pubs, and the nearby Regents Canal, ideal for walking or cycling. Whitechapel High Street, Spitalfields Market, Bethnal Green, and Shoreditch are all within easy reach, offering a mix of shops, eateries, and cultural attractions.

Purchase Requirements: Buyers will need a mortgage deposit. A minimum household income of £72,238 is recommended. Financial assessments will be made at interview, and applicants should purchase the maximum share they can afford. Only applicants registered with London & Quadrant are eligible.

Important Note: Your home is at risk if mortgage, rent, or other secured loan repayments are missed. These particulars are for guidance only and do not form a contract. Information is correct as of February 2025.

Shared Ownership
This property is also available to purchase via Shared Ownership, subject to eligibility. For more information, including all available new build and pre-owned Shared Ownership homes, please visit our website at .