1 bed flat for sale

One Prescot Street, London E1

Views to the horizon and lots of blue sky. At 814 sq ft, this is the largest and highest one-bedroom in the building, with proportions closer to a two-bed. Includes rare underground extra-wide parking space. Set within a landmark former bank building.

The property features a renovated kitchen, renovated bathroom, renovated floors, spacious open-plan reception, generously proportioned bedroom, and delightful entry area which can be utilised in various ways to suit your lifestyle. High ceilings, south-facing aspect, and large windows create a bright atmosphere throughout.

One Prescot Street formerly served as Headquarters of The Co-operative Bank and was designed by renowned architect L.G. Ekins in 1932. Historic England has recognised the building as an extraordinary example of expressionist Art Deco style. A magazine article once described One Prescot Street as L.G. Ekins' masterpiece, “Its textured facade of brown bricks, bronze panels, and bold granite were an expressionist celebration; a clear symbol of success and further ambition of the Co-operative enterprise"

Sold with no onward chain. The ultra-long lease has approximately 971 years remaining.

The service charge includes water, building insurance, security, maintenance, 24/7 Concierge, and a wide range of conveniences. Additional locked storage space is available in the basement bank vaults.

Location

The property is situated near Tower Hill, offering excellent access to The City financial district, Canary Wharf financial district, and Tower Bridge. A wide range of amenities are in close proximity, including supermarkets, cafés, restaurants, gyms, St Katharine Docks, Wapping, Spitalfields Market, Southwark, South Bank, and The Tower of London. The immediate neighborhood includes: A Curzon movie theater, Wilton's Music Hall, Princess of Prussia pub, restaurants at London Dock and Goodmans Fields.

4 nearby tube stations: Tower Hill, Aldgate, Aldgate East, and Tower Gateway. City Airport is very close, as are Liverpool Street Station (Elizabeth Line to Heathrow) and London Bridge Station (train to Gatwick).

Situated in a thriving corner of The City Fringe, with a large influx of students, young professionals, bars, and restaurants. Upside potential of the area continues as developments like London Dock and 30 Minories will bring even more amenities

Property Ownership Information

Tenure

Leasehold

Council Tax Band

E

Annual Ground Rent

£150.00

Ground Rent Review Period

No review period

Annual Service Charge

£5,176.41

Service Charge Review Period

Every 1 year

Lease End Date

01/01/2996

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.