Summary -
25, Glaucus Street,LONDON,E3 3QS
E3 3QS
2 bed 1 bath Flat
Compact leasehold flat with balcony and open-plan living, ideal for first-time buyers or investors.
- Private balcony accessed from open-plan kitchen/living area
- Compact 548 sq ft two-bedroom layout, one bathroom
- Leasehold with 104 years remaining
- Service charge approx. £1,740 per year
- Ground rent £10 per year
- Sold via online auction; non-refundable buyer’s premium applies
- Close to transport links, shops, and multiple Good/Outstanding schools
- Area classified as deprived; consider impact on capital growth
Well-proportioned two-bedroom apartment offering practical city living in E3. The flat has a new open-plan kitchen/living area with French doors leading to a private balcony, making the most of 548 sq ft of internal space. Two bedrooms and a modern three-piece bathroom suit first-time buyers, small families or buy-to-let investors seeking immediate rental appeal.
The property is leasehold with 104 years remaining and is offered chain free. It sits close to transport links, shops and local amenities, and local schools include several rated Good or Outstanding. Broadband and mobile signal are both strong, supporting homeworking and streaming.
Buyers should note this sale is by online auction: a non-refundable buyer’s premium of 3.6% (minimum £6,600 inc. VAT) plus a legal pack fee (£396 inc. VAT) applies. Successful bidders are given 56 working days to exchange and complete; full legal and financial due diligence is advised before bidding.
Practical costs include an annual service charge of about £1,740 and a ground rent of £10. The apartment is compact at 548 sq ft with a single bathroom, so buyers wanting more space or extra bathrooms should consider that limitation. The wider area is relatively deprived, which can affect long-term capital growth but may support strong rental yields.
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