Auction opportunity near DLR and Tube, ideal for hands-on buyers.
Two bedrooms, second-floor flat with balcony
Set on the second floor of a contemporary mixed-use block, this two-bedroom flat offers a practical first home or buy-to-let in E3. The open-plan reception and kitchen open on to a balcony; one bedroom benefits from an en-suite and a separate bathroom serves the property. The apartment totals about 668 sq ft and sits on a long lease (243 years), with an EPC rating of B.
Transport is a clear strength: Devons Road DLR and Bromley-by-Bow Underground are close by, making central London commutes straightforward. The building is served by a community heating scheme and sits above retail amenities, cafes and local services typical of an inner-city, cosmopolitan neighbourhood.
The property is being sold at online auction and will need redecoration and more extensive renovation to bring it to modern standards. Prospective buyers should factor in auction costs (10% deposit minimum and a contracts administration charge) and arrange their own inspections; legal documents are available to download. The area is mixed in employment and described as deprived, so buyers should consider local market dynamics when assessing long-term value.
This flat will suit a practical first-time buyer or investor ready to complete via auction, willing to invest in cosmetic and possible structural upgrades to maximise rental or resale potential.