Summary - RILEY HOUSE, 22 FLAT 1 IRETON STREET LONDON E3 4XR
2 bed 1 bath Flat
Well-presented urban flat with garden access and private parking, ideal for lettings or first move.
Two double bedrooms; bright reception with French doors to communal gardens
Private off-street parking bay included
EWS1 compliant — no cladding mortgage barriers
Leasehold with c.96 years remaining
Service charge approx. £1,484pa; ground rent £200pa
Compact 601 sq ft — modest room sizes throughout
Located close to Bow Road station and local amenities
Higher local crime and area deprivation — affects resale/rental risk
Light-filled, well-kept two-bedroom ground-floor apartment with direct access to communal gardens and a private parking bay. The reception room opens through French doors to the landscaped communal lawns, creating an appealing indoor–outdoor feel. At about 601 sq ft the layout is compact but practical: a bright lounge/diner, modern fitted kitchen, two double bedrooms and a single bathroom. The property is EWS1 compliant and ready to occupy or let with minimal immediate work required.
This leasehold flat sits within a gated, purpose-built development dating from the early 1990s. Annual service charges and a modest ground rent apply; the lease has c.96 years remaining, which is acceptable but should be noted by mortgage applicants. Heating is mains gas to a boiler and radiators; windows are double glazed (install date unknown).
Location is a key selling point — close to Bow Road station and local amenities with fast broadband and excellent mobile signal, making it convenient for commuters and students. The development borders parkland and communal green space, offering privacy and some pleasant outlooks despite being in a busy inner-city area.
Be candid about the neighbourhood realities: this is a multicultural, inner-city area with higher-than-average crime and local deprivation indicators. That context affects long-term capital-growth expectations and tenant profiles. For investors, the compact two-bed plan and transport links make it suited to rental demand; owner-occupiers should weigh the benefits of low-maintenance apartment living against the neighbourhood and service costs.
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