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£500,000

Osier Street, Stepney Green, E1

  • 2 beds
Detached house
Under offer/SSTC

£500,000

  • 2 beds
Detached house
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Estimate monthly mortgage payment:

£2,283 per month

Minimum deposit amount:

£25,000
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A delightful two bedroom first floor purpose built apartment with a West facing balcony, in a quiet residential street, close to Stepney Green Tube Station.

Our vendor's family purchased this property when it was new in 2009, this first floor apartment forms part of that new development which extended the original Osier Court to create a third entrance with 8 two bedroom apartments and 6 rooftop apartments.

This well loved home is in exceptional condition. The building and the apartment have large windows in the art deco style, so this double aspect end apartment is bright throughout. Good specification with engineered wooden floors, quality ceramic tiles, large internal doors (fire doors), white bathroom suite, white fitted kitchen, gas central heating and double glazing.

The design of these two bedroom apartments at 621 square feet works exceptionally well. This apartment benefits from being on the end of the building, so the balcony feels quite private and has a long vista along the street opposite.

The accommodation has a large bright lounge with engineered wood flooring and a good sized private West facing balcony which benefits from the foliage of the trees below (the foliage can be cut back by property management if preferred). The master bedroom faces the rear, the second double bedroom faces the front, separated by the hallway which has a large storage cupboard which houses the boiler.
The kitchen is a separate room with a window, good quality white applianced fitted kitchen and tiled floor.
The bathroom with a window has a modern white suite with a thermostatic shower over the bath, quality tiled floor and walls.

Availability:
This property is sold with vacant possession and chain free.

Viewings:
Viewings strictly by appointment via the sole agent Look Property. The first viewings can be booked, commencing on Friday the 31st May 2024. 

The building: The building is well maintained by property management, and there is a secure communal bicycle storage space. This property is car free.

Tenure: Leasehold with 109 years unexpired from the 125 year lease from the 29th September 2008.

Service Charges: The owner provided a breakdown for the last year (service charge statement available on request):

February 23 - August 23: Service Charge: £1020 & Reserve fund contribution: £185
August 23 - February 24: Service Charge: £1020 &  Reserve fund contribution: £185
February 24 - August 24: Service Charge: £1087 & Reserve fund contribution: £648

The reserve fund was higher for the period from February - August 24 (which our vendor has already paid).  This contribution is to relay the asphalt with new paving slabs to the rear walkway of the building and is an exception to previous reserve fund amounts. 

Ground Rent: an annual ground rent of £250.

EPC: Rating B
Transport: Our vendor has enjoyed living in this property since it was new, regularly walking into work in The City in 30 minutes. It is a 2 minute walk to Stepney Green tube, District Line, linking at Whitechapel with the Elizabeth Line. The number 25 Bus route runs along Whitechapel Road the A11.

Council Tax Band: C

Location

Stepney Green is a vibrant and sought-after neighborhood described by Time Out as a jewel in the crown of the East End. The area blends modern urban living with a rich historical heritage, making it an ideal destination for those seeking a dynamic and diverse community.
Stepney Green is renowned for its charming Victorian and Georgian architecture, boasting an array of well-preserved period properties that exude timeless elegance. The oldest - a stone’s throw from Dunstan Houses - was built in 1694. The remains of a Tudor manor house can be seen around Stepney City Farm and St Dunstan and All Saints church (mentioned in the nursery rhyme Oranges and Lemons) was dedicated in 1029.
There are many shops, bars, cafes and restaurants to be found in the area - and the celebrated Genesis cinema - reflecting the diversity of the locals.
There are many green spaces in the area - from the informal but well-tended gardens on Stepney Green and small park off Cressy Place to the larger Stepney Green Park and on to Mile End Park or Victoria Park. The canal is a short walk away and the River Thames is a 20-minute stroll in Limehouse.

Stepney Green has excellent transport links connecting residents to the rest of London and beyond. A few minute’s walk away, Stepney Green Underground station offers access to the District and Hammersmith & City lines whereas the newly revamped Whitechapel station also offers access to the Elizabeth Line and Overground services. The area is well-served by bus routes making it a breeze to explore the city at your leisure.
Families with children will appreciate the selection of outstanding schools and educational facilities available in the vicinity. Stepney Green also benefits from its close proximity to Queen Mary’s College, providing an ideal setting for students pursuing higher education.
Overall, Stepney Green presents an enticing blend of history, culture, and contemporary living. Its vibrant atmosphere, convenient location, and diverse range of amenities make it a highly desirable place to call home. Whether you're a young professional, a growing family, or a student embarking on a new academic journey, Stepney Green offers a captivating lifestyle and endless possibilities.
 

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£3,750
Mortgage and legal costs:
£999
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