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2 bed flat for sale

£665,000 (£836/sq. ft)

Gunmakers Lane, Old Ford Road E3

2 2 2 795 sq. ft*
Interested in this property? Call +44 20 3478 3222 * or

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

Property description

Key features:

• Stunning Park and Canal Views
• Floor to Ceiling Windows
• Private Balcony
• Long Lease
• Chain Free
• Secure Underground Parking Space
• Mile End Underground 1.1 miles
• EPC Rating B

A large apartment in this sought after block with a delightful balcony overlooking both Victoria Park and the Hertford Union Canal. Offering a high quality finish throughout, with engineered hardwood flooring and floor to ceiling windows, the property makes the most of the light and space. There are two double bedrooms, one with en-suite, a further family bathroom and a large kitchen/reception offering uninterrupted park views. Sold chain free, with a long lease and one secure underground parking space.
The development is well situated for a choice of transport connections and local amenities including the famous number 8 bus route into the City and West End or the 277 to Canary Wharf, with Mile End Underground (Central Line) being easily accessible.


Property info

Floorplan(s): Floorplan

Floorplan View original

Market activity
Average price paid £475,470 Sales 395 Current average value £481,017 (Zoopla Zed-Index) Value change £10,932 ▲ 2.33%

Property value data/graphs for E3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £688,095 £683 3.2 £328,650
Semi-detached £792,602 £786 3.1 £1,205,000
Terraced £777,606 £737 3.1 £889,500
Flats £415,036 £660 2.0 £382,767

Current asking prices in E3

Average: £500,757
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £342,500
(2)
£640,624
(8)
£854,444
(9)
£890,000
(8)
£1,450,000
(5)
Flats £359,533
(67)
£480,375
(113)
£528,079
(44)
£514,868
(8)
-
All £359,039
(69)
£490,970
(121)
£583,500
(53)
£702,434
(16)
£1,450,000
(5)

Current asking rents in E3

Average: £1,604 pcm
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £807 pcm
(11)
£1,910 pcm
(6)
£2,174 pcm
(11)
£2,497 pcm
(14)
£2,297 pcm
(1)
Flats £1,218 pcm
(133)
£1,706 pcm
(130)
£2,058 pcm
(60)
£2,446 pcm
(18)
£2,899 pcm
(1)
All £1,187 pcm
(144)
£1,715 pcm
(136)
£2,076 pcm
(71)
£2,468 pcm
(32)
£2,598 pcm
(2)

Fun facts for E3

Highest value in E3
Highest value streets Zed-Index
Tredegar Square £1,349,902
Rhondda Grove £1,235,750
Tredegar Terrace £1,010,521
Morgan Street £993,935
Aberavon Road £956,350
Highest turnover in E3
Highest turnover streets Turnover
Richard Tress Way 183.3%
Rainhill Way 57.9%
Ropery Street 45.5%
Douro Street 41.7%
Eastside Mews 38.2%

What Zoopla users think of E3

Overall rating:

  • currently 4 stars
Very good - 77% (237 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

  • Hackney Wick (0.7 miles)
  • Mile End (0.7 miles)
  • Bow Road (0.7 miles)
  • London City Airport (4.4 miles)
  • London Heathrow Airport (18.8 miles)
  • London Stansted Airport (26.8 miles)
  • Canary Wharf Pier (2.1 miles)
  • Hilton Docklands Nelson Dock Pier (2.1 miles)
  • East India Pier (2.4 miles)

Nearby schools

View all schools in Tower Hamlets
  • Old Ford Primary - A Paradigm Academy (0.2 miles)
  • Chisenhale Primary School (0.3 miles)
  • Olga Primary School (0.3 miles)
  • The Boxing Academy (1.1 miles)
  • Hackney City Farm (1.4 miles)
  • London Academy of Excellence (1.4 miles)
  • Mossbourne Victoria Park Academy (0.4 miles)
  • Central Foundation Girls' School (0.6 miles)
  • Phoenix School (0.7 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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Currell - Victoria Park, E9 on +44 20 3478 3222 * (local rate)

Monthly running costs Beta

£2,659 Monthly total

Mortgage

Purchase price
Deposit (10%) 66,500
Repayment term 25
Interest rate 1.5
Your payment £2,393 /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 £25/mo (£297/yr)
Compare insurance deals now 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 £29 Electricity £34 Estimated energy cost £63/mo

Similar properties could save up to £250

How Much Could I Save? 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: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band E Council tax cost £152 /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 £13 Sewerage £13 Estimated water cost £26 /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 Currell - Victoria Park 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 Currell - Victoria Park, and do not constitute property particulars. Please contact Currell - Victoria Park 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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