E3 5GG - 1 bed modern studio with balcony in Gunmakers Lane, E3 5GG

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1 bedroom apartment for sale in Gunmakers Lane, London, E3

Summary - Flat 19, Vermilion Apartments, LONDON E3 5GG

1 bed 1 bath Apartment

Compact second-floor flat in Bow, renovated and ideal for first-time buyers.
Chain free and newly renovated, ready to occupy
Private balcony overlooking courtyard and canal views
Compact 374 sq ft open-plan layout; limited separate storage
Leasehold with c.113 years remaining (good term)
Service charge ~£1,000 (confirm period) and ground rent £200
EPC rating C; community heating and double glazing installed
Excellent mobile signal and fast broadband; lift and secure entry
Inner-city location: convenient amenities but area classed as deprived
This compact second-floor flat has been newly renovated and offers a bright, open-plan living space with private outdoor access. At 374 sq ft, the apartment is best suited to a single buyer or couple seeking a low-maintenance London base close to Victoria Park and local amenities.

Practical details are clear: chain free, approximately 113 years remaining on the lease, EPC rating C, lift access and secure entry. Communal services are provided via a community heating scheme and fast broadband and excellent mobile signal make it convenient for remote work. The property includes secure bike storage and direct canal-side walks nearby.

Be realistic about the layout and costs. The home is a studio-style one-bedroom with limited floor area, which may not suit buyers needing separate rooms or long-term family accommodation. Annual service charge (listed as £1,000) and ground rent (£200) apply; confirm the billing period and exact charges before offer. The local area is inner-city cosmopolitan but classed as deprived with average crime rates.

Overall this is a ready-to-move-in, low-effort purchase near strong transport links and green space. It will appeal to first-time buyers and buy-to-let investors who prioritise location, contemporary finish and instant rental/occupation potential rather than large internal space.

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