Summary - Flat 5, Cyan Apartments, 2 Gunmakers Lane E3 5GU
Canalside first-floor flat with private balcony and direct canal/Victoria Park views
Set on the first floor of a modern canalside development, this chain-free one-bedroom apartment offers direct water views towards Victoria Park and a private balcony — rare extras for an urban one-bed. The open-plan living area receives good natural light through full-height glazing; a double bedroom with built-in wardrobe, contemporary bathroom and entrance storage give practical everyday comfort for a single occupant or couple.
Practical strengths include a long lease (circa 113 years), EWS1 certification suitable for lending, lift access and secure underground bike storage. The flat is compact at around 495 sq ft but efficiently laid out, with integrated kitchen appliances and an EPC B rating — appealing to first-time buyers and buy-to-let investors seeking strong location credentials.
Location is a key selling point: immediate access to Gunmakers Gate into Victoria Park, close cafes, pubs and markets, and multiple transport options (Mile End, Bow Church DLR, Hackney Wick Overground nearby). The property is quietly positioned away from the road and benefits from good mobile signal and fast broadband for city working.
Buyers should note the ongoing costs and local context: an annual service charge of £2,639.04, a lease of around 113–114 years and mixed reporting on ground rent (one source lists n/a; another indicates circa £200 pa). The wider area shows signs of deprivation despite strong local amenities; crime is reported as average. These factual points affect running costs and long-term valuation and should be considered alongside the apartment’s waterside outlook and transport links.
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