Summary - FLAT 40, NORTH MILL APARTMENTS, LOVELACE STREET E8 4FE
2 bed 2 bath Apartment
Bright open-plan flat with balcony — ideal for first-time buyers or investors.
Two double bedrooms with modern finishes
Open-plan kitchen/living room with south-facing balcony
Long lease: 114 years remaining
Service charge £2,470 pa; ground rent £300 pa
No private garden; outdoor space limited to balcony
Area rated very deprived; local crime above average
A bright, contemporary two-bedroom apartment on the second floor, ideal for a first-time buyer or buy-to-let investor. The open-plan kitchen/living area opens onto a south-facing balcony, bringing strong natural light into the principal living space. The building presents a modern, well-kept appearance and the flat is presented in good condition throughout.
Practical details support a straightforward purchase: a long lease (114 years remaining), no flood risk, and good broadband and mobile signal. Local transport is excellent with Haggerston, Dalston Junction and Dalston Kingsland within easy walking distance, and Broadway Market and London Fields only ten minutes away — strong rental appeal for professionals.
Be clear about the running costs and local context. The property is leasehold with a service charge of £2,470 pa and ground rent of £300 pa. The surrounding area scores as very deprived with above-average local crime; buyers seeking quieter suburban locations may prefer elsewhere. The apartment has no private garden, only a small balcony, and internal space is compact rather than expansive.
Overall this is a practical, well-presented city apartment that suits buyers wanting convenient transport links and modern accommodation. It offers immediate rental potential or a manageable first home, provided you factor in service charges, ground rent, and the urban neighbourhood setting.
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