Lot 1036 - Flat 1, 12 Shorts Gardens, London, WC2H 9AU

  • Unconditional Online Auction Sale
  • Guide Price* : £400,000
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
For sale via auction in partnership with
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One-bedroom leasehold apartment on Shorts Gardens, Seven Dials, Covent Garden WC2H

Description

A one-bedroom leasehold apartment at 12 Shorts Gardens, located in the Seven Dials area of Covent Garden, London WC2H. The property is approximately 0.2 miles from Covent Garden Piazza and approximately 0.3 miles from Leicester Square, with Covent Garden Underground Station approximately 0.2 miles away.

The apartment forms part of a wider development, with three apartments in this particular section. Access is via a street entrance into the building’s lobby, with a staircase leading to the first floor.

The accommodation comprises an entrance hall with storage, a bathroom, a double bedroom with built-in wardrobes, and an open-plan living, dining and kitchen area with views over Shorts Gardens.

There is some historic water staining. The source has been investigated and addressed. Further details can be provided as can a breakdown of the service charge.

We understand that some work is planned for compliance with the latest Safety/Fire regulations and we await further information.

Tenure: Leasehold, approximately 64 years remaining.
Service Charge: £9,403 for the budget year ended 26th September 2026. The current budget and updated management information have been requested and are awaited.
Ground Rent: Approximately £300 per annum.
Council Tax: London Borough of Camden, Band D, £2,107 per annum.

Pre-auction offers are welcomed; please submit your interest via the enquiry form or email: hello@smartpropertyauctions.co.uk.

Please note a Buyer’s Premium is payable upon exchange of contracts, calculated as the higher of 1.5% of the final sale price or a minimum fee of £5,000, with both figures being inclusive of VAT.

To aid purchasing with confidence, the Legal Pack includes Special Conditions of Sale which outline any additional costs payable alongside the purchase price.

These may include search fees, contribution towards the Seller’s professional and legal costs, transfer fees, and other specific charges detailed in the pack. Buyers are strongly encouraged to review the Legal Pack fully for all payable costs before bidding.

Council Tax Band

D

Lease Start Date

25/03/1992

Lease Duration

99 years (64 years unexpired)

Annual Ground Rent

£300

Unless otherwise stated in the property description above or special conditions of sale, a Buyer's Premium of 1.50% (incl. VAT) or £5,000 (incl. VAT), whichever is greater, is payable on this Lot. This applies in all cases, including sales prior to, during, or outside the auction.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Joint Agent

Winkworth Clerkenwell & City
020 7405 1288

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