Candle St, London, E1 4SG

Full Market Value:  £415,000

Service Charge:      £206.90

Council Tax Band:    D

125 year lease commenced April 2007 - 107 years remaining

 EWS1 certification IS available for this property - B1 Rating. We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

L&Q welcomes you to view this two bedroom, second floor apartment.

Also available to buy via Shared Ownership, subject to eligibility. If you would like to purchase via Shared Ownership you can find all the information on our website at lqhomes.com, along with all available new build and pre-owned Shared Ownership homes.

The front door of this unusual apartment opens into a hallway, which wraps around the open plan living area, giving a great option for sharers.  The kitchen is fitted with beech wood effect wall and base units and a granite effect worktop and includes an  integrated  oven, hob, and extractor fan. The living area opens onto a larger than average south facing terrace giving room to relax, to dine, or for the children to play. Two well proportioned double bedrooms and a family bathroom complete the accommodation. 

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Mercer Court is ideally located for those looking to live in a vibrant and well-connected part of East London. It also benefits from good transport links, with Stepney Green Underground Station nearby (serving the District and Hammersmith & City lines) and Whitechapel Station just a short distance away, offering access to the District, Hammersmith & City, and Overground lines, as well as the DLR to the South at Limehouse Station.  The area offers a wide range of local amenities, including convenience stores, restaurants, cafes, and pubs, providing easy access to everyday needs, as well as being a 30 seconds walk from the scenic Regents Canal, which offers walking routes through Victoria Park to the North, and connects to the Thames River and Limehouse Marina to the South, great for walking and cycling. The nearby Whitechapel High Street offers a mix of shops, markets, and eateries. Spitalfields Market is also just a short distance away, offering a variety of independent boutiques, food stalls, and restaurants. Bethnal Green and Shoreditch are also nearby, providing access to vibrant cultural scenes, including galleries, nightlife, and a thriving arts community.

The buyer will require a deposit to obtain a mortgage for this property. Cash purchase option also available for 100% purchase.

If you are offered the property, your ability to afford this property will be assessed at your financial interview with one of our panel of Independent Financial Advisors (IFAs), who will be happy to help source a mortgage if required. Alternatively, you can source your own mortgage directly with a lender or via your own broker.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2025.