Modern fifth-floor one-bed with balcony and park views — affordable shared ownership opportunity.
Chain-free one-bedroom flat with private balcony facing Meath Gardens
Concierge-serviced block (fifth-floor position)
Approx. 528 sq ft (efficient open-plan layout)
Shared ownership tenure; 113 years remaining on lease
Service charge approximately £2,421 per year (average)
Electric storage heating — may increase energy costs
Excellent mobile signal and fast broadband; good for homeworking
Great location: Mile End, Bethnal Green, and Victoria Park nearby
Bright, well-presented one-bedroom apartment on Palmers Road, ideal for a first-time buyer or investor seeking a low-maintenance city base. The open-plan reception with full-height glazing leads to a private balcony overlooking Meath Gardens, giving a calm, green aspect uncommon for central locations. The layout is efficient and feels larger than many one-bed flats, with contemporary finishes throughout.
This fifth-floor home benefits from concierge services and excellent broadband and mobile signal, supporting home working and city living. The property is chain-free and offered as shared ownership on a long lease (113 years remaining), which can make entry more affordable. Local transport and green spaces are close: Mile End and Bethnal Green stations and Victoria Park are within easy reach.
Be aware of the practical running costs and tenure specifics: the current service charge is £2,421 (average) and heating is by electric storage heaters, which can mean higher energy bills compared with gas-heated homes. The property is leasehold/shared ownership, so buyers should confirm purchase restrictions and service charge arrangements before committing.
Overall, this is a straightforward, modern one-bedroom with outdoor space and park views, suited to someone wanting a low-upkeep urban flat near parks and good transport links. It represents sensible value for its size and location, particularly for buyers prioritising proximity to green space and central London connections.
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