Summary - Flat 305, William Beveridge House, 60 Vernon Road E3 5GS
2 bed 1 bath Flat
Modern open-plan flat by Victoria Park — long lease, no ground rent, investment potential.
Private balcony and communal roof terrace
Bright two-bedroom apartment in William Beveridge House with 729 sq.ft of open-plan living and a private balcony overlooking landscaped communal areas. The modern kitchen-living layout and two double bedrooms suit first-time buyers seeking space to grow or investors targeting reliable rental demand close to Mile End and Bow transport links.
Practical benefits include lift access, secure bike storage, Virgin broadband, EWS1 compliance (mortgage-ready), no ground rent, and a low annual service charge of £2,074. The long lease (approx. 113 years remaining) and recent build (post-2012) reduce near-term major works risk and simplify purchase for mortgage applicants.
Location is a key draw: walkable to Victoria Park, Roman Road market, shops and multiple DLR/Tube stations, making everyday life and commuting straightforward. Communal roof terrace and gardens add outdoor space beyond the private balcony.
Buyers should note local challenges: the wider area has higher crime levels and is classified as deprived, which may affect insurance, resale values and tenant demand profiles. The property is leasehold — check ground rent/service charge review terms and communal management arrangements before exchange.
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