1 Bed Apartment For Sale

Interested parties should contact Knight Frank Auctions for further information.



Description

The property comprises a large one bedroom apartment situated on the thirteenth floor of Kingwood House, part of the highly regarded Goodman's Fields development. It benefits from a private balcony and under floor heating, together with floor to ceiling windows and excellent natural light.



Residents benefit from access to a wide range of on-site amenities including a fully equipped gym, sauna, swimming pool, private cinema room and business lounge for meetings or remote work. The 24-hour concierge service ensures your needs are met promptly and efficiently, providing peace of mind and a high level of convenience.



Tenure

Leasehold.

Leasehold interest is 999 less 1 day from 01/01/2013 (thus approximately 987 years remaining).

Ground rent is £500 per annum.

Service charge for '25 is £4,406.52 per annum.

Refer to the legal pack for further information.



Tenancy

The property is occupied subject to a AST expiring 11/09/2026, producing £35,100 per annum (£2,925 per month).

Tenant has provided a £3,375 deposit.

Refer to the legal pack for further information.



Location

Goodman's Fields is located on the doorstep of the City of London and within close proximity to the River Thames. Nearby neighbourhoods such as Shoreditch and Spitalfields offer a vibrant mix of shopping, dining, and nightlife.



Aldgate provides the perfect balance of urban living, placing residents just moments from both work and leisure. The area is home to some of the City's most desirable new developments, including Goodman's Fields and Altitude Point, all within easy reach of the Square Mile. With London's business district just a short walk away, commuting is effortless, while the lively social scenes of Shoreditch and Brick Lane are only minutes away.



Occupancy

Tenanted



The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.



Auction Details

The sale of this property will take place on the stated date by way of and is being sold as Unconditional.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to the Common Auction Conditions and Extra General Conditions.



Auctioneer Fees and Deposit

The following deposits and non-refundable auctioneer fees apply:



• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.

• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.



The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.



Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.



Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.