Practical commuter home with private parking and balcony near Elizabeth Line.
Modern purpose-built 2014 apartment with lift access
First-floor position with private balcony and good natural light
Two bedrooms and two bathrooms, including en suite
Secure gated allocated parking and indoor cycle store
Close to Barking and Goodmayes (Elizabeth Line) for fast commutes
Leasehold with 110 years remaining; chain-free sale
Service charge approx £2,256pa; ground rent £250pa
EWS1 B2 remedial cladding work required; builder funding and letter provided
A bright, modern two-bedroom apartment on Chancellor Way offering practical first-home or buy-to-let appeal. Built in 2014, the flat sits on the first floor with lift access and opens into a living room that leads onto a private balcony — useful extra space for a compact home. The fitted kitchen includes energy-rated appliances and the apartment benefits from two bathrooms, including an en suite.
Practical features include secure gated allocated parking, an indoor cycle store and a 110-year lease, making the tenure straightforward for mortgage enquiries. Transport links are a major plus: Barking and Goodmayes stations (Elizabeth Line) are within easy reach, cutting commute times to central London for working professionals.
Buyers should note a few material points: an External Wall Fire Risk Assessment returned a B2 rating requiring remedial cladding work; the original builder has committed to carry out this work at their own cost and has provided a letter of comfort. The property is leasehold with an average service charge of £2,256pa and a ground rent of £250pa. The neighbourhood scores as very deprived on area indices, which can affect local investment dynamics.
Overall this is a compact, low-maintenance apartment suited to first-time purchasers seeking transport convenience or investors targeting steady rental demand. It offers immediate move-in practicality with clear potential for rental income, balanced by known building remediation and ongoing service costs that buyers must factor into affordability calculations.
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