Chain-free one-bedroom flat with long lease, balcony and excellent transport links near Victoria Park.
Chain free with recently extended 227-year lease
Large double bedroom with built-in wardrobe
Enclosed balcony offering extra flexible living space
Moments from Homerton Overground; short walk to Victoria Park
Mains gas central heating; double glazing (install date unknown)
Solid brick construction; no confirmed wall insulation
Service charge approx. £1,788 pa; ground rent £9 pa
Local area: high recorded crime and very deprived wider neighbourhood
Bright, well-laid-out one-bedroom flat with a long lease and no onward chain, ideal for a first-time buyer or investor seeking a straightforward London purchase. The flat occupies the fourth floor of a purpose-built ex-local authority block and benefits from large windows that flood the reception room with light. A useful enclosed balcony extends the living space and offers city views, while the double bedroom includes a built-in wardrobe to preserve floor area.
Practical aspects include a recently extended lease (227 years), a modest ground rent of £9, and council tax described as cheap. The development has a secure entry system and mains gas central heating via boiler and radiators. Location is a major strength: Homerton Overground Station is moments away, and Victoria Park is a five- to ten-minute walk, with Well Street’s cafés, shops and restaurants close by.
Buyers should note material factors plainly: the building dates from the 1930s–1940s and external walls are solid brick with no confirmed insulation. Double glazing is present but install date is unknown. The area’s recorded crime level is high and the wider neighbourhood is classified as very deprived; average broadband speeds and an above-average service charge (£1,788 pa) will also factor into running costs. This is a practical, well-presented flat with clear strengths for first-time buyers and investors, but buyers sensitive to local crime statistics or seeking high-energy-efficiency fabric should factor those points into their decision.