Summary - Flat 2, Basle House, Albert Square E15 1HH
1 bed 1 bath Flat
Chain-free one-bed with courtyard near Maryland station — affordable entry into E15..
- One double bedroom with courtyard access
- Bedroom and bathroom located at lower-ground level
- Chain free with c.105 years lease remaining
- EPC rating E (lower energy efficiency)
- Service charge c.£1,700pa; ground rent escalates considerably
- Estimated rental potential c.£1,400pcm (buyer to verify)
- On-street parking by permit; good mobile coverage
- Area records higher crime levels; inner-city location
A compact split-level one-bedroom flat with a private courtyard, offered chain free and close to Maryland station. The layout places the double bedroom and family bathroom at lower-ground level, while the living room, kitchen and separate w/c sit on the ground floor — a practical arrangement for singles or couples. The courtyard provides a useful outdoor space for relaxation or potted plants.
The property is offered with a long lease (approximately 105 years remaining) and has reasonable running costs: Council Tax Band B and a service charge of about £1,700 per year. There is clear rental potential — an estimated rent of around £1,400 pcm has been suggested — which may interest buy-to-let investors as well as first-time buyers seeking affordability in E15.
Buyers should note material drawbacks: the bedroom and bathroom are at basement level which reduces natural light and may not suit everyone; the EPC rating is E; the area records higher-than-average crime levels; and the ground rent escalates sharply at future review dates. On-street parking is available by permit only.
Overall this is a budget-friendly, entry-level flat for someone prioritising location and low purchase price over space and light. It suits first-time buyers or investors who accept a lower-energy-rated, lower-ground bedroom and are comfortable with the service charge and future rising ground rent schedule.
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