E1 5LW - 2 bed art deco two bedroom in Heneage Street, E1 5LW

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2 bedroom apartment for sale in Philip House, Heneage Street, London, E1

Summary - FLAT 7, PHILIP HOUSE, HENEAGE STREET E1 5LW

2 bed 1 bath Apartment

Bright second-floor home near Spitalfields and excellent transport links.
Newly renovated throughout, move-in ready
Set on the second floor of an attractive Art Deco block just off Brick Lane, this newly refurbished 514 sq ft flat pairs period character with contemporary finishes. The open-plan living room, sleek integrated kitchen and two well-proportioned bedrooms create a compact, efficient layout ideal for first-time buyers seeking move-in ready accommodation in East London.

Practical running costs are clear: a 100-year lease, average service charge of £1,900 and small ground rent (£90) are payable. Heating is by mains gas boiler and radiators; there is no flood risk. The apartment benefits from excellent mobile signal and fast broadband, and is a short walk to markets, cafes and multiple transport links for easy commuting across the city.

Buyers should note material local drawbacks. The area records very high crime levels and is classed as very deprived, which may affect feel and long-term capital growth. The flat is small and best suited to those prioritising location and convenience over generous interior space. Overall, this is a compact, stylish home offering immediate occupation and strong rental or starter-home appeal, provided buyers accept the surrounding area context.

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