Summary - Flat 31, Maidstone House, Carmen Street E14 6AU
2 bed 1 bath Flat
Income-producing two-bed with balcony and refurbishment upside, sold at auction.
Rental income £21,000 pa from Assured Shorthold Tenancy
Approx. 652 sq ft; two bedrooms, reception, separate WC
Private seventh-floor balcony with concrete Brutalist block views
Leasehold: c.103 years remaining (125-year lease from 2003)
EPC rating C; mains gas boiler and radiators
Dated interior and compact kitchen — needs modernization
Sold at public auction (probate sale) — check legal pack
Area very deprived; communal charges and works not disclosed
Set on the seventh floor of a 1960s purpose-built block, this two-bedroom flat offers straightforward rental income and refurbishment potential. Currently let on an Assured Shorthold Tenancy producing £21,000 per year, the property will be sold at public auction by order of executors (probate sale). The flat includes a private balcony, EPC C and mains gas heating via boiler and radiators.
The accommodation totals approximately 652 sq ft and has a compact kitchen and standard-height ceilings typical of the era. The building’s concrete, Brutalist-style construction gives durable communal shell but internal fittings are dated and would benefit from modernization to increase capital value or attract higher-yielding tenants. The lease has about 103 years remaining.
Practical benefits include very low local crime, excellent mobile signal, fast broadband and easy access to public transport (Bromley-by-Bow and Limehouse). Nearby Bartlett Park and multiple outstanding primary schools suit family lettings as well as professional tenants from the local employment mix.
Important considerations: the flat is leasehold and will be auctioned — prospective buyers should review the legal pack carefully. The surrounding area scores as very deprived and the block dates from 1967–75; communal maintenance costs, service charges and any building works are not stated and may affect returns. The interior requires updating, particularly the compact kitchen and general decor.
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