2 bedroom flat for sale

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2 bedroom flat for sale

Erebus Drive, London
£339,950

Price History

Initial price £350,000
17/05/25 £339,950
Price Change -2.87%

Description

This is a two-bedroom, two-bathroom apartment in a riverside development with stunning views of Canary Wharf and the City. The property is currently tenanted until September 2024, generating £1,800 per month in income. The lease has 976 years remaining and the service charge is £4,739 per year. The apartment comes with a balcony, 24-hour concierge, communal gardens, and an allocated underground parking space. The asking price is £350,000, which is lower than the pre-Grenfell price of £400,000. The cladding works, which will be fully funded by Barratt Homes, are expected to increase the property's value once completed. The apartment is being sold with a 999-year lease and a ground rent of £150 per year.