Bright modern one-bedroom with city views, balcony and communal roof terrace — ideal first purchase..
South-facing balcony with uninterrupted City and Canary Wharf views
Communal roof terrace and modern, well-presented open-plan interior
Chain free sale with EWS1 certification and long lease (~142 years)
Service charge ~£3,350/year; ground rent ~£350/year — include in costs
Higher local crime levels and very deprived wider area — factor in suitability
No private garden; balcony provides limited outdoor amenity only
Fast broadband, excellent mobile signal, mains gas central heating
Compact one-bed ideal for single occupant, couple or rental market
This fifth-floor one-bedroom apartment on Cresset Road is a bright, modern city flat ideal for a first purchase or buy-to-let. Floor-to-ceiling glazing and a south-facing balcony deliver strong natural light and striking views across the Olympic Stadium toward the City and Canary Wharf. Residents also benefit from a communal roof terrace, contemporary finishes and a practical open-plan living space making everyday living straightforward.
The property is offered chain free with an EWS1 certificate and a long lease (approx. 142 years), easing purchase logistics and mortgage possibilities. Service charge and ground rent are notable: around £3,350 per year and £350 ground rent annually, which should be factored into running costs. Council tax is described as affordable and utilities include mains gas central heating and fast broadband availability.
Location is a major asset: positioned close to Well Street, Broadway Market, London Fields and Victoria Park Village for independent shops, cafes and transport links. The building is modern and well maintained, supporting above-average capital values for comparable flats in the street. That said, the wider area scores high for deprivation and recorded crime is above average; buyers should weigh local amenity and transport benefits against these social indicators.
Overall, this is a compact but practical one-bedroom with strong light, excellent views and outdoor space for city living. It suits a first-time buyer or investor seeking modern, low-maintenance accommodation in an inner-city London location, provided the communal charges and local area considerations fit personal budgets and priorities.
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