Central Art Deco studio with long lease and communal amenities.
Third-floor studio with vacant possession
A compact third-floor studio in an iconic Art Deco block close to Barbican and Farringdon, offered with vacant possession and a guide price of £180,000+. The flat sits within a Grade II listed building and benefits from extensive communal facilities: roof terrace, swimming pool, gym, sauna and launderette. The 999-year lease (about 991 years unexpired) and central location make this a straightforward long-lease purchase for investors or buyers seeking a pied-à-terre.
The accommodation is a simple studio layout with a separate kitchenette and bathroom. The kitchen is dated and will need modernisation; secondary glazing is fitted and the property is served by a community mains-gas heating scheme. EPC rated D. The block was built c.1930–1949 and has solid brick walls (no assumed cavity insulation), which may limit some retrofit options.
Important considerations: the flat is sold at public auction and has listed status — works to the fabric or internal alterations may be restricted and will require listed-building consent. Crime in the immediate area is reported as above average. The sale is subject to a public notice/requisition; buyers should study the legal pack and rely on their own inspections and searches. The auctioneer has not inspected the property, and all information is vendor-supplied.