2-bedroom flat · E2 0TD
For saleReduced £15k (−3%) on 7 OctListed 410 days
Opportunity summary
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About
A bright and spacious two-bedroom penthouse apartment, offering 688.50 sq ft / 63.97 sq m of well-designed living space in a desirable development beside the Regent’s Canal and the green spaces of Mile End Park and Meath Gardens.
Completed between 2007 and 2011, Palmers Road has matured into a sought-after residential Location The apartment enjoys a full apartment length private balcony overlooking with panoramic views from East to West.
Inside, the apartment features an entrance hallway leading to a generous open-plan reception and kitchen.
The kitchen is fitted with modern appliances and finished to a high specification, while the white bathroom suites feature tiled walls and floors.
Floor-to-ceiling windows ensure a bright and airy interior, complemented by quality laminate flooring.
The principal bedroom includes a fitted wardrobe, an en-suite shower room, and space for a large desk—ideal for remote working. The second bedroom is also a spacious double.
A family bathroom and ample storage complete the layout, including a large hallway cupboard that houses the heating system and technical connections, and is plumbed for a washing machine.
Connectivity is excellent, with both Virgin Media and Hyperoptic fibre broadband available. The building has a secure underground car park. A parking space is not included with this property.
It is however possible to rent a parking space from the freeholders, via the block managers, subject to availability.
The car park also has a cage and bike racks so you can store your bicycle outside of the apartment.
This apartment offers a perfect balance of comfort, quality, and location, ideal for modern city living. Availability This apartment is occupied by the vendor.
This property will be sold with vacant possession with no onward chain. Viewings: strictly by appointment via the sole agent Look Property.
Tenure, Leasehold: 107 years unexpired of the 125-year lease from the 1st January 2008. Ground rent: £250 pa Service charges: £2373.24 pa / £197.77 pcm EWS1: EWS1 certificate available.
EPC: Band D Council Tax: Band D Local Authority: Tower Hamlets Location Located at the bottom of Palmers Road next to the bridge across the Regent’s canal into Mile End Park with its various facilities including the famous Palm Tree pub and the Mile End Climbing wall.
It is a short walk through the park South to Mile End tube station. It is also a short walk North alongside the canal, leading you into the wide-open spaces of Victoria Park.
Victoria park Victoria Park is a large, public park located in East London, England. Covering an area of approximately 86 hectares (212 acres), it is one of the city's largest and most popular parks.
The park was originally created in the 19th century as a part of a movement to provide green space for the rapidly growing urban population of London.
It has since become an important part of the local community, offering a variety of recreational opportunities and hosting a range of events throughout the year.
Victoria Park features a mix of open grassy areas, woodland, and waterways. It includes several lakes and ponds, as well as a boating lake, which is popular with visitors during the summer months.
The park also contains a number of sports facilities, including a cricket pitch, football pitches, and tennis courts.
In addition to its natural beauty and recreational facilities, Victoria Park is also home to a number of attractions, including the Victoria Park Pavilion, a historic building that now houses a café and visitor centre.
The park is also home to a sculpture trail, which features a number of modern artworks scattered throughout the park.
Overall, Victoria Park is a vibrant and bustling hub of activity, offering something for everyone.
Whether you're looking for a peaceful place to relax and enjoy nature or an exciting venue for sports and events, Victoria Park is definitely worth a visit.
Transport nearby: Hackney Wick Overground train station is a 20-minute walk through Victoria Park. Mile End Tude station is also a 20-minute walk.
The number 8 bus can be caught from Roman Road, the route travels through, Bethnal Green, Shoreditch, Liverpool Street, Bank and Holborn and beyond.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
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About Flat 119, 46, Palmers Road, Bethnal Green
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