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1 bed flat for sale

£375,000

Merchant Street, London E3

1 1 1
Interested in this property? Call +44 20 3641 4705 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • One Bedroom Apartment
  • Open Plan Kitchen / Reception
  • South Facing Private Balcony
  • Stylish Modern Bathroom Suite
  • Close To Transport Links & Amenities
  • Excellent Condition

Property description

Bright and airy one bedroom modern apartment in the heart of Bow, E3 within 5 minutes walk to Bow Road Tube and Bow Church DLR Stations. This good sized property is offered in excellent condition and boasts a south facing private balcony. Located on the first floor of this purpose built development, it consists of one double bedroom one with a fitted wardrobe, large open plan kitchen / reception with incorporated appliances, stylish modern bathroom, excellent storage with recently fitted boiler and private south facing balcony. The apartment also benefits from large floor to ceiling windows in the reception offering bright living accommodation. Located on just off of Mile End road with excellent local amenities and transport links into the city, as well as being within close proximity of Canary Wharf, Victoria Park, Stratford International and Westfield Shopping Centre. A fantastic first home or buy to let opportunity. The apartment also has the added benefit of having access to an internal bike store. This property is sure to gain lots of interest so please call the helpful sales team to arrange a viewing slot to avoid disappointment.KitchenKitchen Alt - 3.44m x 6.79m (11' 3" x 22' 3")Reception AltOpen Plan Kitchen / ReceptionReceptionBedroom - 3.89m x 2.97m (12' 9" x 9' 9")Bathroom - 1.73m x 2.92m (5' 8" x 9' 7")BalconyExteriorEntrance GateCommunal Garden

Property info

Floorplan(s): Floorplan

Floorplan View original

Market activity
Average price paid £482,195 Sales 397 Current average value £478,596 (Zoopla Zed-Index) Value change £5,231 ▲ 1.10%

Property value data/graphs for E3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £682,713 £679 3.2 £524,100
Semi-detached £779,315 £760 3.1 £1,270,200
Terraced £765,940 £730 3.1 £881,042
Flats £414,204 £657 2.0 £402,293

Current asking prices in E3

Average: £509,222
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £418,499
(4)
£669,998
(6)
£748,124
(8)
£929,636
(14)
£2,343,750
(4)
Flats £351,810
(75)
£484,748
(128)
£517,942
(62)
£486,349
(7)
-
All £355,186
(79)
£493,042
(134)
£544,249
(70)
£781,873
(21)
£2,343,750
(4)

Current asking rents in E3

Average: £1,722 pcm
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £891 pcm
(39)
£1,860 pcm
(8)
£2,431 pcm
(14)
£2,746 pcm
(17)
£3,251 pcm
(11)
Flats £1,152 pcm
(245)
£1,776 pcm
(222)
£2,057 pcm
(111)
£2,477 pcm
(35)
£8,953 pcm
(5)
All £1,116 pcm
(284)
£1,779 pcm
(230)
£2,099 pcm
(125)
£2,565 pcm
(52)
£5,033 pcm
(16)

Fun facts for E3

Highest value in E3
Highest value streets Zed-Index
Tredegar Square £1,304,330
Rhondda Grove £1,202,835
Tredegar Terrace £1,000,607
Morgan Street £984,609
Nightingale Mews £952,147
Highest turnover in E3
Highest turnover streets Turnover
Rainhill Way 51.9%
Douro Street 41.7%
Eastside Mews 39.7%
Schoolbell Mews 38.3%
Matilda Gardens 36.5%

What Zoopla users think of E3

Overall rating:

  • currently 4 stars
Very good - 75% (228 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate E3:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Bow Road (0.1 miles)
  • Mile End (0.3 miles)
  • Bow Church (0.3 miles)
  • London City Airport (3.8 miles)
  • London Heathrow Airport (19.0 miles)
  • London Gatwick Airport (27.0 miles)
  • Canary Wharf Pier (1.4 miles)
  • Hilton Docklands Nelson Dock Pier (1.5 miles)
  • East India Pier (1.6 miles)

Nearby schools

View all schools in Tower Hamlets
  • Wellington Primary School (0.1 miles)
  • Malmesbury Primary School (0.2 miles)
  • The Cherry Trees School (0.3 miles)
  • New City College (1.2 miles)
  • London Academy of Excellence (1.5 miles)
  • East London Arts & Music (1.6 miles)
  • Phoenix School (0.1 miles)
  • Central Foundation Girls' School (0.2 miles)
  • Beatrice Tate School (0.2 miles)
Note: Distances are straight line measurements

Local info for Tower Hamlets

About the neighbours in E3

AskMe Q&A for Tower Hamlets

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For more information about this property, please contact
Ludlow Thompson - Bow, E3 on +44 20 3641 4705 * (local rate)

Monthly running costs Beta

£1,540 Monthly total
Mortgage
Purchase price
Deposit (10%) 37,500
Repayment term 25
Interest rate 1.5
Your payment £1,349 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £18/mo (£217/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £22 Electricity £27 Estimated energy cost £49/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band C Council tax cost £105 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Ludlow Thompson - Bow about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ludlow Thompson - Bow, and do not constitute property particulars. Please contact Ludlow Thompson - Bow for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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