Spacious first-floor one-bed with private balcony, gated parking and long lease near Victoria Park.
Long lease of 977 years, avoids lease length issues
Bright, well-proportioned one-bedroom apartment on the first floor of a secure, gated development close to Victoria Park. The open-plan reception and kitchen open onto a private balcony, creating a light, flexible living space that suits a single buyer or couple. At about 534 sq ft, the layout feels roomy for its size and benefits from modern construction and double glazing.
This apartment sits in a modern block built after 2007 and is set back from the road with communal parking. Nearby attractions include Victoria Park, Roman Road Market, and good transport links via Bow Road and Mile End stations. Several well-regarded primary and secondary schools are within reach, adding local convenience for families or those planning to let to young professionals.
Tenure is leasehold with an exceptionally long remaining term (977 years), which removes common lease-length concerns. Ongoing charges include an average service charge of £2,172 and a ground rent of £250 per year — factor these into running costs. Heating is by electric room heaters rather than gas central heating, which may increase energy costs compared with gas-heated homes.
Overall, this is a straightforward, move-in-ready modern apartment offering strong location perks and secure parking. It will particularly suit first-time buyers seeking a compact home near green space and good transport, or investors targeting reliable rental demand — just note the service charge level and electric heating when assessing affordability.