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2 bed flat for sale

£450,000

Fairfield Road, London E3

2 1 1
Interested in this property? Call +44 20 3641 4705 * or Request Details

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

Property features

  • Over 798 Sq Feet
  • Large Reception
  • Located Near Grove Hall Park
  • Communal Garden
  • On Street Permit Parking
  • Chain Free

Property description

An excellent opportunity to acquire this rare to the market duplex apartment, within this purpose built desirable development located on the historic Fairfield Road, boasting excellent local amenities and transport links in to the city. This stunning apartment offered chain free with a new 999 year lease and share of freehold. The property is located on the ground and first floor and benefits from a delightful communal garden with storage unit. The development offers a welcoming entrance hall, which leads in the apartment, comprising of a large reception room which looks on to Grove Hall Park, stylish modern kitchen with lots of storage space, the upper level consists of two very good sized double bedrooms, one with fitted storage, separate W/C and family bathroom. Offered chain free, with on street permit parking available, this would make a fantastic first home or buy to let investment. A unique property which is sure to gain lots of interest, please call sales on to book your viewing slot.ExteriorEntranceReceptionReception AltKitchenBathroomW/CMaster BedroomMaster Bedroom AltBedroom 2Communal Garden

Property info

Floorplan(s): 2D Floorplan

2D Floorplan View original

Market activity
Average price paid £477,256 Sales 438 Current average value £471,998 (Zoopla Zed-Index) Value change £16,029 ▲ 3.52%

Property value data/graphs for E3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £666,374 £674 3.2 £758,500
Semi-detached £792,031 £778 3.1 £910,000
Terraced £767,009 £724 3.1 £854,745
Flats £410,310 £647 2.0 £424,131

Current asking prices in E3

Average: £508,305
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £680,399
(10)
£798,892
(14)
£1,018,744
(8)
£1,039,799
(5)
Flats £370,046
(105)
£481,639
(143)
£552,526
(75)
£473,333
(9)
-
All £370,046
(105)
£494,629
(153)
£591,280
(89)
£729,997
(17)
£1,039,799
(5)

Current asking rents in E3

Average: £1,542 pcm
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £743 pcm
(21)
£1,608 pcm
(6)
£2,284 pcm
(10)
£2,312 pcm
(17)
£2,821 pcm
(2)
Flats £1,201 pcm
(214)
£1,708 pcm
(163)
£2,141 pcm
(69)
£1,833 pcm
(28)
£3,185 pcm
(5)
All £1,160 pcm
(235)
£1,704 pcm
(169)
£2,159 pcm
(79)
£2,014 pcm
(45)
£3,081 pcm
(7)

Fun facts for E3

Highest value in E3
Highest value streets Zed-Index
Tredegar Square £1,329,114
Rhondda Grove £1,220,057
Tredegar Terrace £994,930
Morgan Street £979,437
Aberavon Road £939,361
Highest turnover in E3
Highest turnover streets Turnover
Richard Tress Way 183.3%
Axio Way 75.0%
Rainhill Way 54.9%
Ropery Street 45.5%
Eastside Mews 42.6%

What Zoopla users think of E3

Overall rating:

  • currently 4 stars
Very good - 77% (260 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 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 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Bow Church (0.1 miles)
  • Bow Road (0.3 miles)
  • Bromley-By-Bow (0.5 miles)
  • London City Airport (3.6 miles)
  • London Heathrow Airport (19.3 miles)
  • London Stansted Airport (26.9 miles)
  • Canary Wharf Pier (1.6 miles)
  • East India Pier (1.7 miles)
  • Hilton Docklands Nelson Dock Pier (1.8 miles)

Nearby schools

View all schools in Tower Hamlets
  • St Agnes RC Primary School (0.1 miles)
  • The Cherry Trees School (0.3 miles)
  • Old Palace Primary School (0.3 miles)
  • London Academy of Excellence (1.1 miles)
  • East London Arts & Music (1.2 miles)
  • The Boxing Academy AP Free School (1.9 miles)
  • Phoenix School (0.3 miles)
  • Central Foundation Girls' School (0.4 miles)
  • Ian Mikardo School (0.4 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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Arrange Viewing

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

Monthly running costs Beta

£1,858 Monthly total

Mortgage

Purchase price
Deposit (10%) 45,000
Repayment term 25
Interest rate 1.5
Your payment £1,619 /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 (£305/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 £278

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 D Council tax cost £125 /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 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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