Cartwright Street, London E1

Guide Price £450,000- £475,000

This charming two-double-bedroom apartment, measuring 673 sq. ft., is available chain-free and is conveniently located just 0.4 miles from Tower Hill station. Featuring a private balcony, secure parking situated just outside the London Congestion Charge zone, and a low service charge, this property is an excellent opportunity for city living.

Upon entry, you are welcomed by a spacious open-plan living and dining area that seamlessly connects to the kitchen. The hallway leads to two generous double bedrooms and a modern family bathroom. Additionally, there’s a large built-in cupboard for ample storage.

The open-plan design is perfect for entertaining and provides direct access to the east-facing, freshly painted private balcony. The kitchen is equipped with fitted appliances, including an electric hob, oven, extractor fan, a full-size fridge/freezer, and a washing machine, ensuring functionality and convenience with plenty of cupboard space.

The main bedroom boasts floor-to-ceiling fitted wardrobes, while the second bedroom features a Juliette balcony, making both rooms versatile enough for a work-from-home setup. The contemporary family bathroom includes a walk-in shower, adding to the appeal of the interior.

Nestled on Cartwright Street, the apartment is situated east of the Tower of London, only moments from the iconic Tower Bridge and just one street away from the picturesque St Katharine Docks, which is home to numerous amenities and popular restaurants. St Mary Graces Court, the residential and commercial development housing the apartment, is currently undergoing cyclical refurbishments, enhancing its appeal.

With excellent transport links to the City, Canary Wharf, and the West End, both Tower Gateway (DLR) and Tower Hill (District and Circle Line) stations are within a five-minute walk, making this location ideal for city commuters.

St Mary Graces Court offers a unique affordable housing opportunity by allowing buyers to purchase a 60% share of the property while paying no rent on the remaining 40%. This arrangement effectively means that holding 60% of the lease is akin to having full ownership of the property since there are no ongoing rental costs associated with the 40% share.

Additionally, any equity gained from selling the property or generating rental income belongs entirely to the leaseholder, providing a significant financial benefit.

It’s important to note that any potential costs associated with the property, such as service charges, ground rent, and contributions to sinking funds, are approximations. These figures are derived from information provided at the time of listing and may change. Therefore, prospective buyers are strongly encouraged to conduct their own investigations to confirm the exact costs and financial obligations involved before making any decisions.