Gunmakers Lane, London £590,000

• A charming well proportioned two-bedroom apartment of 757 sq ft / 70.3 sq m
• Desirable building adjacent to Herftord Union Canal
• Private balcony
• Open plan reception / kitchen
• Fitted kitchen
• White bathroom suites
• Floor to ceiling windows
• Secure underground parking space
• Secured bike storage
• Lift access
• Video entry system
• Great location next to Victoria Park
• Close to Roman Road with convenience stores
• 113 years unexpired of the 125-year lease
• Ground rent: £300 PA
• Service charges: £3,313,29 PA / £276,16 PCM
• EWS1: EWS1 certificate available.
• EPC: Band B
• Council Tax Band D

A charming well proportioned two-bedroom, two-bathroom second-floor apartment of 757 sq ft / 70.3 sq m, in a desirable building adjacent to the Hertford Union Canal and the green expanses of Victoria Park.
Built in 2013, Vermillion Apartments are maturing nicely, the private balcony overlooks the tree lined Gunmakers Lane with its bridge over the canal into the park.

The apartment benefits from an entrance hallway and a generous open plan reception / kitchen. With high-quality specifications throughout which include the fitted applianced kitchen, white bathroom suites with tiled walls and floors. Floor to ceiling windows create a light interior, with robust Amtico flooring.

The principal bedroom features a fitted wardrobe, an en-suite shower room, and ample space for a large desk. The second bedroom is also a generous double. The apartment is completed by a family bathroom and ample storage spaces. The large storage cupboard in the hallway houses the heating equipment and technical equipment connections and contains the washing machine. Both Virgin and Hyperoptic fibre broadband WiFi connections are available.

A secure underground parking space comes with the apartment. It is possible to apply to the building block managers A2Dominion to have an electric car charger installed. Details to be confirmed.

The building offers secure bike storage, lift access and a video entry system for security and convenience.

Please watch our professional video to appreciate the features this property has to offer.

Availability

This apartment is currently tenanted, the tenancy is until March 2025, subject to two months’ notice thereafter. This property will be sold with vacant possession with no onward chain.

The property will be sold as unfurnished, but with fitted kitchen and a washing machine/dryer. Please note that the property is currently furnished with the tenants’ furniture and possessions.

SDLT: Beat the stamp duty changes coming in on the 1st April 2025, when the first-time buyer relief will cease for property sales over £500,000. A first time buyer completing before 1st April 2025 would save £11,250 compared to completing after that date, based on the asking price.

Viewings: Strictly by appointment via the sole agent Look Property.

Tenure, Leasehold: 113 years unexpired of the 125-year lease from the 24th June 2013.

Ground rent: £300 PA
Service charges: £3,313,29 PA / £276,16 PCM
EWS1: EWS1 certificate available.
Local Authority: Tower Hamlets

Location: Located on Gunmakers Lane, next to the footbridge over the Hertford Union Canal, leading you into the wide-open spaces of Victoria Park. The shops on Roman Road are very close, and a stroll across the park gets you to the independent cafes and shops of Victoria Park Village. Many attractions are within easy walking or cycling distance: the Olympic Park and Stratford Westfield Shopping Centre in the East, the green spaces of the Lea Valley in the North, and the Regent’s Canal in the West, which takes you past Broadway Market all the way to Angel Islington along the tow path.

VICTORIA PARK
Victoria Park is a large, public park located in East London, England. Covering an area of approximately 86 hectares (212 acres), it is one of the city's largest and most popular parks.
The park was originally created in the 19th century as a part of a movement to provide green space for the rapidly growing urban population of London. It has since become an important part of the local community, offering a variety of recreational opportunities and hosting a range of events throughout the year.

Victoria Park features a mix of open grassy areas, woodland, and waterways. It includes several lakes and ponds, as well as a boating lake, which is popular with visitors during the summer months. The park also contains a number of sports facilities, including a cricket pitch, football pitches, and tennis courts.

In addition to its natural beauty and recreational facilities, Victoria Park is also home to a number of attractions, including the Victoria Park Pavilion, a historic building that now houses a café and visitor centre. The park is also home to a sculpture trail, which features a number of modern artworks scattered throughout the park.

Overall, Victoria Park is a vibrant and bustling hub of activity, offering something for everyone. Whether you're looking for a peaceful place to relax and enjoy nature or an exciting venue for sports and events, Victoria Park is definitely worth a visit.

Transport nearby:
Hackney Wick Overground train station is a 20-minute walk through Victoria Park. Mile End Tube station is also a 20-minute walk. The number 8 bus can be caught on St Stephen’s Road (1 min walk to bus stop), the route travels through Bethnal Green, Shoreditch, Liverpool Street, Bank and Holborn and beyond.