Compact one-bedroom with strong transport links and rental upside near Stratford.
First-floor one-bedroom apartment, approx. 377 sq ft
Excellent transport links to Stratford and Leyton stations
Requires full cosmetic modernisation throughout
Lease 84 years remaining — extension likely necessary and costly
Service charge £2,039.18 pa; ground rent £125 pa
Advertised rental potential circa £1,500 pcm after improvements
On-street permit parking only; no private garden amenity
Local crime above average; area described as deprived
This compact one-bedroom first-floor apartment sits between Stratford and Leyton, offering excellent transport links and strong broadband and mobile coverage. The building is a 1950s–1960s purpose-built block with double glazing and gas central heating; the location close to the Queen Elizabeth Olympic Park supports rental demand and resale prospects.
The interior requires full cosmetic updating and modernisation; carpets and fittings are dated and the kitchen and bathroom would benefit from replacement. The lease has 84 years remaining — a material issue that will require prompt action and cost to extend. Service charge and ground rent are payable (£2,039.18 pa and £125 pa respectively).
Potential is clear for a hands-on first-time buyer or a buy-to-let investor: advertised post-refurb rent is circa £1,500 pcm, and simple improvements could materially increase value. Note the property is small (approx. 377 sq ft) and best suited to a single occupant or investor rather than a family.
Practical points: on-street permit parking only, council tax Band B, no flood risk, but local crime levels are above average and the surrounding area is relatively deprived. Buyers should verify all lease and service-charge details and factor lease-extension costs into any offer.
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