Summary - Merchant Street, London, E3 E3 4LR
2 bed 1 bath Flat
Chain-free ground-floor flat near Mile End station — great transport and update potential.
Chain-free two-bedroom ground-floor flat, 807 sq ft
A bright two-bedroom ground-floor flat in Merchant Street, E3, offering 807 sq ft of practical living in a well-connected Mile End location. The apartment has a separate kitchen-diner, a medium-sized contemporary living room with laminate flooring and blinds, two double bedrooms and one family bathroom — a layout that suits first-time buyers or buy-to-let investors looking for straightforward rental demand.
The building was constructed in the early 2000s and benefits from double glazing, mains gas central heating and a long lease (114 years remaining). The flat is chain-free, has ample storage and presents an opportunity to add value by updating finishes to your taste. Transport links are a major strength: Mile End Underground station and multiple bus routes are within easy walking distance, and Mile End Park and local shops, cafés and services are nearby.
Considerations: the property is leasehold with an average annual service charge of around £2,160 and a small ground rent. The surrounding area is classified as deprived, so buyers should weigh local socio-economic factors. There is only one bathroom and the flat is on the ground floor, which may suit some buyers and put off others.
Overall, this is a sensible entry-level purchase for a first-time buyer or investor seeking a well-located, chain-free flat with straightforward renovation potential and reliable transport links.
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