1 bedroom flat for sale

Overview

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A one bedroom 5th floor apartment, located in the heart of Canning Town E16 and 0.1 miles from Canning Town DLR/ Jubilee ZONE 2 Station with links to Canary Wharf and the City. The property benefits from a concierge, a lift to all floors and TWO BALCONIES. AVAILABLE TO VIEW.The owner has mentioned as follows. The current cladding situation is this: My building has an EWS1 certificate with a B2 rating (a fail). The building is covered by the Building Safety Fund. My lease qualifies for leaseholder protections. I have served my landlord with a Deed of Certificate, and the lease contribution is capped to zero. My local authority has served an Improvement Notice on the landlord, under Section 11 of the Housing Act 2004,which contains start and end dates for a schedule of works. It is estimated that work will commence in August 2025, and take 78 weeks to complete. There are some other items which also must be done by this date. Pre-tender funding has been received by the landlord (700K), and the full works and costs of the remediation will follow in due course. The cladding works have not yet begun. Work is ongoing to make the building comply with new fire safety regulations, that must be completed by 29 March 2024 , heat sensors have now been installed in all properties.Epc Rating C.Council tax banding C (£1,446.69) From Government sites.Lease Term: 125 years from 29 September 2004 Ground Rent: £250pa.Service charge: Approximately £3400.00pa.As mentioned the house is conveniently positioned for Canning Town Jubilee/Dlr Station (zone 2) with links to Canary Wharf and the City. City Airport and the Excel Centre with its bars and restaurants are also close by. There is also the Emirates cable car providing easy access to the O2 Arena and direct access to the A406 with links to the M25/M11/A12 and the A13 which leads directly to the Dartford Tunnel with Lakeside and Bluewater Shopping Retail Parks or The Blackwall Tunnel/The City. The Westfield Centre in Stratford and Galleons Reach retail park are also accessible.Canning town E16, is still in the process of major regeneration and investment to include:A cinema, with additional shops and bars opposite Canning town station due to be in its final stages of completion in 2024.Plans for the areas North and West of Custom House to be transformed into a vibrant commercial hub, linking it to Crossrail.ELIZABETH LINE SERVICES (CROSSRAIL) FROM CUSTOM HOUSENow open, an Elizabeth Line service runs every five minutes at peak times, and allows passengers to travel all the way through to Paddington, Heathrow or Reading in the west and Abbey Wood in the east. DEVELOPMENT OF NEARBY ROYAL ALBERT DOCKSRoyal docks is set to develop into the Capitals third major financial centre having been identified as having £22 billion of investment potential. Which includes the acquisition of the Royal Albert Dock in 2013 site to transform into the Asian Business port set to create 20,000 new full time jobs and projected to be worth £6 billion to London's economy.The entire focus of the Royal Docks is one of a spiralling district for investment, development and sustained growth, a transformation into London's third showcase business and leisure destination fuelled by a dynamic transport infrastructure.