Baltic Quay, 1 Sweden Gate, SE16
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The flat comprises 83 square metres and includes two bedrooms, a bathroom, plus an en-suite shower room and an open-plan living/dining/kitchen area. It benefits from double glazing throughout. It is situated on the second floor of the block and faces on to Rope Street. It is the subject of a lease running for 198 years from 1988, but the freehold was recently acquired as part of a purchase by a majority of leaseholders, each of whom holds one share. There is no ground rent payable.
The lease also includes the exclusive use of a designated parking space on the first level of an underground car park. The building is managed by Parkgate Aspen Ltd. There is a Leasehold Management Company, in which each leaseholder holds one share and whose Board is made up of leaseholders elected by residents, and a separate group of residents forms the Board of the Freehold Company.
The building is situated within the London Borough of Southwark and is in Band E for Council Tax purposes. For the year ending 31 March 2018 the annual sum payable was £1536.
The annual service charge includes the provision of a 24-hour concierge, plus all the normal items such as building insurance, lifts, cleaning and lighting of common parts etc. It is payable either in two six-month instalments, or monthly by direct debit. There is also a sinking fund designed to cover major works, again this is payable in the same way. The charges in respect of Flat 212 for the six-month period ending 31 March 2018 were £1,384 for the service charge and £866 for the reserve fund. The water charge is approximately £370 per annum.
There is no gas supply to the building and heating to the flat is by electric storage heaters. There is a communal terrestrial TV aerial and a communal satellite dish and there are the necessary sockets in the flat. Each flat has an intercom connected to the concierges’ office and to each of the entrance doors to the building. Entry is by an electronic key fob or admission by a resident present in the premises. A high-speed broadband service is available from Hyperoptic Ltd and a connection point has been installed in the flat. An asbestos survey was carried out in the communal areas in 2005 and no asbestos was found.
The building comprises 163 flats and is conveniently located for public transport. Surrey Quays Overground station and Canada Water Jubilee line Underground station are within a few minutes’ walk and there are bus services on routes 1, 47, 188, 199, 381, P12 and C10 serving the area, as well as the ‘Clipper’ riverboat service from Greenland Pier, which is located at the end of Rope Street, approximately five minutes’ walk away. Nearby amenities include the Surrey Quays shopping centre, the South Dock Marina and The Surrey Docks water sports centre and gymnasium, which is a few metres away.
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