Tavern Quay, Rope Street, Surrey Docks, SE16

Asking Price
£550,000

2 Bedroom Ground Floor Flat for sale in London

1 2 2
  • • CASH BUYERS ONLY (see 2nd paragraph)
  • • Two double bedrooms
  • • Two terraces
  • • Two bathrooms
  • • Secure allocated parking space
  • • 937 sqft / 87 sqm
  • • Concierge
  • • EPC rating: B

A spacious 937sqft modern apartment adjacent to Greenland Dock. Originally the show home for the development, it boasts large terraces on each side, a spectacular primary bedroom, two fully tiled bathrooms, a large open-plan living area, secure allocated parking space and use of the onsite concierge. Chain free.

CASH BUYERS ONLY, as while the cladding replacement program has been successfully completed, there is still some form of remediation likely required to the balconies. with government funding being sought. It is not expected that leaseholders will have to fund the works. As a result, the property is heavily discounted from its full market value.

This raised ground floor property stretches the full width of the building. It was constructed in 2015 and forms part of the wider Tavern Quay development. The home includes two bedrooms, a stylish kitchen with island and integrated appliances, secure video entry, ventilation system, superfast broadband available through Hyperoptic. In addition to the secure allocated parking space, on-street permit permits are also obtainable.

The tranquil surroundings include Greenland Dock, South Dock Marina, the Thames Path and Russia Dock Woodland. Surrey Quays and Canada Water stations are reachable via a scenic walk around the dock without even having to go near a main road. While River Bus services are only a short stroll away at Greenland Pier.

There are many amenities in the local area, including The Plough Way Deli, the renowned Pear Tree Kitchen and Tesco Express. The gym at Surrey Docks Fitness and Watersports Centre is directly opposite.

The property will benefit from significant investment in the area, including the underway 53-acre / £5.6Bn project, the Canada Water Masterplan, with London's first new high street in over 100 years. There is also the newly proposed electric ferry service with six crossings an hour (for pedestrians and cyclists) between Surrey Quays and Canary Wharf from 2025.

Leasehold. The service charge is £6,869 for the year to April 2025. The ground rent is £672.88 per annum (next RPI linked review due in March 2034) and the lease has 239 years remaining. Southwark Council Tax Band: E.

Important information

This is a Leasehold Property

  • The annual cost for the ground rent on this property is £673
  • The review period for the ground rent on this property is every 10 year
  • The annual service charges for this property is £6869

This Council Tax band for this property is: E

EPC Rating is B

Property Ref: URP_URP230041

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Urban Patchwork (Surrey Quays)

Tavern Quay, Rope Street, Surrey Quays, London, SE16 7EX

020 7043 2348

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