Compact, renovated one-bedroom investment close to Canning Town transport links.
Dual-aspect flat with bright natural light and wooden flooring throughout
This newly renovated one-bedroom flat offers 450 sqft of modern, low-maintenance living designed for investors. The property is purpose-built with dual-aspect windows and wooden flooring throughout, providing bright, efficient interiors that are straightforward to let or manage.
Located 0.5 miles from Canning Town station, the flat benefits from excellent transport links to central London and local amenities, making it attractive to young families, students and professionals seeking city access. The long lease (118 years) removes immediate lease-extension pressure and the accommodation is compact and practical for rental demand.
Buyers should note material considerations: the property sits in a very deprived area with very high crime levels, which can affect tenant demand and insurance costs. Heating is electric with room heaters, and the service charge is relatively high at approximately £2,500 per year; council tax band is low but running costs should be factored into yield calculations.
Overall this is a straightforward investment purchase: modern presentation and transport links are strengths, balanced by local socio-economic challenges and above-average service costs. Investors should carry out their own rental market and cost modelling before proceeding.