Summary - LOUISE DE MARILLAC HOUSE FLAT 12 SMITHY STREET LONDON E1 3HP
2 bed 1 bath Flat
Central two-bedroom flat by Whitechapel Station — auction sale, ideal for investors or refurbishing buyers..
Two bedrooms arranged over two floors; flexible layout
A two-bedroom leasehold flat arranged over two floors, positioned 0.2 miles from Whitechapel Station, Brick Lane and Spitalfields Market. The building presents a mid‑century exterior and the interior shows contemporary, simple finishes and wooden floors — suitable for someone seeking a central London buy-to-let or an owner-occupier willing to update. The property is sold at online auction on Wednesday 24 September 2025; interested parties should review the legal pack and register to bid.
Practical details: approximately 90 years remain on the lease (buyers must check the legal pack), with an annual service charge of about £1,500 and ground rent of about £300. The location benefits from excellent mobile signal and fast broadband, strong transport links across the capital, and a wide range of local amenities and markets within walking distance.
This flat offers clear short-term value for investors or DIY buyers prepared to refurbish; the two-floor layout gives flexible room use but will need cosmetic updating to maximise rent or resale value. Important negatives to note: the lease length (90 years) may affect mortgage availability and value long-term — please refer to the legal pack for full lease and title information. The property is situated in a very deprived local area statistically, which may influence rental demand and long-term capital growth compared with more affluent pockets of London.
Viewings and the buyer’s due diligence should focus on the legal pack, any required repairs or refurbishment, and finance options given the remaining lease. The auction sale is unconditional on the day, so prepare bids and prior-offer arrangements in advance if you wish to secure the property before the lot closes.
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