Summary - Flat 40 Labyrinth Tower, Dalston Square E8 3GP
1 bed 1 bath Flat
Contemporary one-bedroom with balcony and communal amenities near shops and parks.
Private balcony with wide London views
Open-plan kitchen and reception; space to dine
Communal gym, concierge, and lift in development
109 years remaining on lease — mortgageable term
Service charge about £3,600 per year
Ground rent about £500 per year
Area records very high crime levels — consider safety
Local area classified as deprived; may affect resale/rental demand
This tenth-floor one-bedroom apartment in Dalston Square offers bright, contemporary living with a private balcony and open-plan kitchen — ideal for first-time buyers seeking a modern, well-connected home. The living space is generous for the size, with wood flooring and good natural light, and the development provides practical amenities including a concierge, lift access and a communal gym.
Practical running costs are notable: the service charge is around £3,600 per year and ground rent approximately £500, with 109 years remaining on the lease. Heating and hot water run on a community mains-gas scheme and the building is modern, built after 2007 with double glazing installed.
Location is a strong selling point for those who value urban convenience: Kingsland Road shops and eateries are moments away and green space at London Fields is nearby. However, the immediate area records very high crime levels and is classified as deprived; buyers should factor local safety and neighbourhood issues into their decision.
Overall this apartment suits a buyer who wants contemporary, low-fuss accommodation in a lively inner-city setting, with clear running costs and a lease long enough for standard mortgage requirements. It also has potential as a rental investment given transport links and local amenities, but the area’s crime and deprivation profile could affect yields and appeal.
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