Roomy maisonette with balcony and refurbishment potential near Stepney Green station.
- Two-bedroom maisonette with private balcony
- Spacious open-plan living room, 664 sq ft (approx)
- Lift access in purpose-built, mid-1970s block
- Sold to cash buyers only
- 88 years remaining on the lease
- Service charge approximately £1,800 per year
- Building system-walls likely uninsulated; upgrade opportunity
- Local area: excellent transport but high crime, very deprived
Set over two floors in a 1960s purpose-built block, this two-bedroom maisonette offers generous living space and a private balcony close to Stepney Green Station. The open-plan living area is bright and practical, with a kitchen that provides good storage and scope for modernisation. Both bedrooms are well-proportioned and sit either side of the centrally placed bathroom, creating a comfortable, private layout.
This property is sold cash buyers only and presents clear potential for value-add refurbishment — buyers can modernise the kitchen, update internal finishes and improve thermal performance where the building’s original system-built walls lack insulation. The flat benefits from lift access, double glazing (installation date unknown), mains gas central heating and a secure communal entrance.
Practical considerations include an 88-year lease, an average service charge of around £1,800 per year and a nominal ground rent. The local area is inner-city and very deprived with a high crime rate; however, transport links are excellent (Stepney Green nearby) and the neighbourhood offers many amenities including shops, cafés, supermarkets and parks.
Well-suited to investors comfortable with cash purchase or buyers willing to carry out refurbishment, this maisonette is a straightforward project for someone seeking a roomy London property with genuine growth potential given its location and size.
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