Spacious 4-bed converted flat near Bow Road — auction sale, strong transport links.
Four double bedrooms across three floors, plus roof terrace
A four-bedroom converted flat spread over three floors in a Victorian corner building, offered at auction and suited to investors or cash buyers seeking rental income or refurbishment upside. The layout includes four double bedrooms, a lounge with a roof terrace, separate kitchen, bathroom and a separate w.c. Double glazing and gas central heating are installed; total internal area is about 1,037 sq ft.
This property is sold leasehold with 96 years remaining and a ground rent of £400 (average). It will be offered through the modern method of auction: successful buyers must sign a reservation agreement, pay a non-refundable reservation fee (4.5% of the purchase price, minimum £6,000) and complete within 56 days. Mortgage finance may be possible subject to lender criteria, but the auction terms favour cash or ready-to-complete buyers.
The location near Bow Road Underground and the DLR gives strong transport links and easy access across east London. Local amenities are extensive and there are several highly rated primary schools nearby. Practical positives include excellent mobile signal and fast broadband, useful for lettings or modern living.
Material negatives are clear: the area scores as deprived with above-average crime, the property is a multi-story conversion which can limit appeal for some tenants, and the flat has just one bathroom serving four bedrooms. The building dates from 1900–1929 with solid brick walls likely lacking insulation — expect modernisation, potential energy-efficiency upgrades and ongoing maintenance costs. Buyers should factor in auction fees, leasehold costs and likely refurbishment when assessing value.