Summary - Palmers Road, E2 E2 0TB
1 bed 1 bath Flat
Bright one-bedroom near Victoria Park and Regent's Canal, ideal for first-time buyers.
Sixth-floor one-bedroom with private balcony
Shared ownership — monthly rent approx £621.78 (75% basis)
Lease approx 108 years remaining
Annual service charge £2,261.52
Electric room heaters — potentially higher energy costs
Constructed 2007+ with double glazing
Concierge service and good lift access implied
551 sq ft — compact, efficient one-bed layout
A bright one-bedroom home on the sixth floor, set in a modern block close to Victoria Park and Regent’s Canal. Large windows and a private balcony bring light and open outlooks; interiors include wooden flooring, fitted wardrobes and a contemporary bathroom. The building dates from 2007 or later and benefits from double glazing and concierge services.
This is offered as shared ownership (approximate monthly rent £621.78 based on a 75% share) — a practical route onto the London ladder for buyers who meet eligibility criteria. The lease has about 108 years remaining, and the annual service charge is £2,261.52, so factor ongoing costs alongside mortgage payments. Heating is by electric room heaters, which can mean higher running costs compared with gas.
Located moments from Bethnal Green and Mile End stations with multiple bus routes, the flat suits a first-time buyer looking for convenient transport, parks and canal-side leisure on the doorstep. The accommodation is compact and efficiently planned at about 551 sq ft, best for a single occupant or couple seeking a low-maintenance city base.
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