Summary - Flat 31, Coalstore Court, 5 Candle Street E1 4RS
2 bed 1 bath Flat
Light-filled modern apartment Ideal for first-time buyers or buy-to-let investors.
Private balcony with waterfront view across Limehouse Basin
Bright first-floor two-bedroom apartment in a secure gated development, arranged over a practical 651 sq ft. The reception room opens to a private balcony with views across the Limehouse Basin waterfront; large windows and wood flooring give a light, contemporary feel. The kitchen is modern and integrated, and both bedrooms are well proportioned for starter-home living or sharers.
Practical details make this straightforward to own: a 108-year lease remains, double glazing was installed post-2002, and broadband and mobile signals are strong. Local green space and canal walks are on the doorstep, with several well-rated primary and secondary schools within easy reach — useful for young families or those planning to rent.
Be clear about the ongoing costs and heating: the development’s average service charge is around £2,300 per year, and heating is provided by electric storage heaters which can be more expensive than gas alternatives. The area scores as deprived overall, though crime is very low and transport and amenities are excellent.
This flat suits first-time buyers seeking a low-maintenance, modern home near the water, and investors wanting a solid two-bed in a well-connected part of E1. It offers immediate move-in condition with scope to personalise, but factor in running costs and the leasehold tenure when comparing options.
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