Property description
Est service charge - £1,700 per annum.
Designed for exclusive artisan warehouse living, The Printworks sits within a unique conservation area surrounded by opulent tree lined Georgian terraces and Regency villas. Dating back to 1903, the building was formally occupied by a printworks company, and has now undergone a dynamic transformation into this prestigious residential development with extensive commercial space. Residents can enjoy secure bicycle storage, 24 hour security to include a daytime concierge and charming communal grounds.
The apartments are ideally placed to take advantage of Clapham"s eclectic mix of bars, boutiques, restaurants and "old town" atmospheric charm. In equally pleasant contrast, the Common offers around 200 acres of open green tranquil space. Together this diverse environment, surrounding conservation status and proximity to Central London combines to present a location that truly excels in cultural quality, convenience and contemporary style. Within walking distance of Oval (Northern Line) and Stockwell (Northern & Victorian Line) stations, residents will enjoy direct travel into the South Bank, City and North London.
This is an opportunity to purchase the pre-exchanged contract of an off plan property for a lower than market value.
This is a contract sale so the seller is selling their contract on a property that is not yet completed. The property is currently valued at £375,000 - £425,000 (once completed), and the asking price for the contracts is £335,000.
1) Agreed Price £335,000
2) Deposit on exchange of £79,800
2) Balance to the developer on completion (Jan 2016) of £255,200
Once the property has been completed you will be obligated to complete the purchase of the contract from the developer at the sum of £255,200. If you are looking to raise a mortgage for the purchase, please ensure you satisfy yourself with regards the availability of finance on completion as you may be contractually liable to complete BEFORE applying for finance.
Property Features :
- Studio apartment
- 279 sq ft/26 sqm
- 24 hour concierge
- Bicycle storage
- Communal Grounds
- 999 year lease
- Completion date Q1/2 2016