2 bed flat for sale

1 Candle Street E1

Key Features

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  Larger-than-average, south-facing private terrace (perfect for dining and relaxing).
  
  
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  Highly connected East London location (short walk to Stepney Green, Whitechapel Crossrail/Elizabeth Line, and Limehouse DLR).
  
  
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  Two genuine double bedrooms (ideal for professional sharers or a young family).
  
  
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  Secure gated development with lift access.
  
  
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  Bright, open-plan living and dining area featuring a modern kitchen with integrated appliances, plenty of base and wall storage, and generous countertop workspace.
  
  

Purchase Options & Eligibility

Available to cash buyers and standard residential buyers at 100% full market value (£400,000 via simultaneous staircasing), as well as to shared ownership buyers seeking a 40% share (£160,000).

Building Safety & Lending Information

The property holds a valid, passing EWS1 B1 Rating. The original developer (Bellway Homes) has formally signed the UK Government’s Self-Remediation Contract, legally pledging to 100% fund, procure, and undertake any future fire-safety works at no cost to leaseholders. The developer's formal commitment letter is fully available on request and can be provided directly to mortgage lenders.

Property Description

This well-presented two-bedroom apartment offers spacious accommodation, a bright open-plan living and dining area, and a larger-than-average south-facing private terrace, providing an excellent space for outdoor dining and relaxation.

The modern kitchen features integrated appliances, ample base and wall storage, and generous countertop workspace. Both bedrooms are genuine doubles, making the property ideal for professional sharers, couples or a young family.

Situated in a highly connected East London location, the property is within a short walk of Stepney Green Underground station, Whitechapel station with access to the Elizabeth Line, and Limehouse DLR. The secure gated development also benefits from lift access.

With flexible purchase options for eligible shared ownership buyers, cash purchasers and standard residential buyers, this property presents an attractive opportunity for a range of prospective homeowners.

Price and purchase options:

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  100% full market value: £400,000 via simultaneous staircasing.
  
  
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  40% shared ownership share: £160,000.
  
  

Please enquire for further details about the purchase options, eligibility requirements and building safety documentation.

Full Market Value: £400,000

Share Value (40%): £160,000
Monthly Rent: £894.57
Service Charge: £206.90
Council Tax Band: D
Lease: 125 years from April 2007 (107 years remaining)

Applicant Vetting Requirements – Sales & Viewings

Moving forward, when managing enquiries, leads and viewings for this property, please ensure prospective applicants are assessed against the following criteria:

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  Mortgage lender flexibility: If an applicant requires a mortgage, please share the attached Bellway commitment letter and check that their mortgage broker is using lenders actively lending on buildings with funded developer remediation, adhering to relevant RICS valuation guidance.
  
  
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  Target high-deposit and cash buyers: Prioritise engagement with cash buyers and applicants who have substantial deposits and are well positioned to proceed.
  
  
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  Prioritise chain-free buyers: Where possible, give priority to chain-free buyers to help facilitate a smoother and potentially quicker transaction.