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Bermondsey, SE1

Bermondsey is a development located in an increasingly popular part of London and in a setting that offers a unique blend of apartments in original buildings and brand-new buildings. Surrounded by art and commerce, residents in Bermondsey will be located in one of London’s most fascinating neighbourhoods.

Located close to London Bridge (Zone 1), in the fashionable area known as Bermondsey in Southwark SE1 and just a 4 minute walk to exciting Bermondsey Street, these apartments sit in an enviable location, with easy access into the heart of Central London and everything that Zone 1 has to offer. The White Cube Gallery and the Fashion and Textile Museum are also nearby.
Bermondsey apartments will be one of the first projects that forms part of the Old Kent Road Action Plan, which will aim to revitalize high streets in the area, generate thousands of new local jobs, build two new Underground stations and create new parks and open spaces for residents living in the area.

Phase: The Tannery: A collection of 1, 2, and 3-bedroom apartments include split-level designs and townhouse style privately accessed duplex properties. The refurbished original buildings include a 1927 built Tannery, which will have two additional new floors added to the building and will comprise of unique beautifully refurbished apartments, finished with a modern industrial style specification. The contrasting new build element of the building will have eye-catching shutters and brickwork combined with a contemporary interior specification and floor to ceiling glazing.

The Tannery in Bermondsey offers choice, versatility, style and sophistication.

Prices from: £570,000

Developer: London Square Developments Limited

Location: Grange Road, Bermondsey, SE1

Tenure: 999-year leasehold from 1 January 2017

Architect: Coffey

Building Insurance: 10-year NHBC warranty from completion of construction

Estimated Completion dates: Q4 2020 / Q1 2021

Number of Units: 406

Estimated Service Charge: £4.31 / sq ft approx. (£2.81 / sq ft approx. for direct access apartments)

Managing Agent: Rendall and Rittner

Ground Rent: 1 bedroom apartments: £400 pa, 2 bedroom apartments: £450 pa, 3 bedroom apartments: £500 pa

Payment Terms:
1. A booking deposit of £2,500 is payable upon reservation.
2. A deposit of 10% of purchase price is payable within 21 days of reservation.
3. A further 10% deposit payment payable 12 months from exchange of contract.
4. The balance of 80% of the purchase price will be payable upon legal completion.

Disclaimer

Whilst every care has been taken in preparing these particulars, Knight Frank and the respective landlords/vendors give no warranty, express or implied, as to the completeness or accuracy of the information contained herein. These particulars are subject to errors, omissions, changes of price/rental or other conditions, withdrawal without notice, and/or any special listing conditions imposed by our principals. Knight Frank shall not be held liable for negligence, and/or for any direct or indirect consequential losses or damages arising from the use of this information. You should satisfy yourself about the completeness or accuracy of any information or materials. The information contained herein does not form part of an offer or contract. All images are computer generated and are indicative and used for illustrative purposes only. Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information. Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance (Cap. 511) to deal with Hong Kong properties. Purchasing uncompleted properties located outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Planning Permission Number: 15/AP/2474 .Borough/Council issuing permission: Southwark Council. Acquiring Interest: 999 year leasehold interest in a unit of a building. Property No: IRS0002. Issued Date: 19 Dec 2018.