Affordable compact home near transport, park and local amenities for first-time buyers.
Bright second-floor studio with balcony and large windows
Share of freehold due to complete with this sale (seller action)
88 years remaining on the lease — may affect lending options
EPC rating E; electric heating could mean higher bills
Service charge £822.97pa; ground rent £5pa (nominal)
On-street parking only; council permit required
Area records higher crime and local deprivation
Very low flood risk; average broadband speeds
This compact second-floor studio on Memorial Avenue offers an affordable London entry point or buy-to-let close to local green space and transport links. The open-plan layout and large windows create a bright, efficient living area with a separate kitchen and three-piece bathroom, suitable for a single occupant or couple. The seller aims to complete a share-of-freehold transfer alongside the sale, which would provide added control once finalised.
Practical running costs are straightforward: low annual ground rent (£5) and a below-average service charge (£822.97pa). Heating is electric via wall-mounted heaters and the property has double glazing; however the EPC rating is E, so expect higher energy costs than more efficient homes. The lease has 88 years remaining — adequate but something to consider for mortgage and future value planning.
The location is a strong convenience point for commuters and local life: West Ham station and multiple bus links are nearby, Memorial Recreational Ground is at the road end, and local shops and amenities are within walking distance. Broadband and mobile signal are generally good. Note the wider area records higher crime and local deprivation statistics, and parking is on-street with a council permit required.