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1 bed flat for sale

£475,000

Prescot Street, London E1

1 1 1
Interested in this property? Call +44 20 3478 2993 * or Request Details

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Property features

  • Buy to Let Investment
  • One Bed Apartment
  • 4th Floor
  • Wood Flooring
  • 24hr Concierge
  • Car Parking Space
  • Close to Tube & DLR

Property description

**Buy to let investors only** We are pleased to offer this one bedroom furnished apartment on the third floor of this original Art-Deco building located on the edge of the City of London. Accommodation comprises of a living room overlooking an atrium, a spacious bedroom with built in wardrobes & a fully equipped fitted kitchen. Wood flooring to the hallway, bedroom and living room. One allocated car parking space. The property is located within a few minutes walk of the City of London and with great access to transport links with Tower Hill, Aldgate, Tower Gateway stations all close by. EPC Rating D.

Buy to let investors only** We are pleased to offer this one bedroom furnished apartment on the third floor of this original Art-Deco building located on the edge of the City of London. Accommodation comprises of a living room overlooking an atrium, a spacious bedroom with built in wardrobes & a fully equipped fitted kitchen. Wood flooring to the hallway, bedroom and living room. One allocated car parking space. The property is located within a few minutes walk of the City of London and with great access to transport links with Tower Hill, Aldgate, Tower Gateway stations all close by. EPC Rating D.

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Property info

Floorplan(s): Floor Plan

Floor Plan View original

Market activity
Average price paid £600,161 Sales 337 Current average value £610,627 (Zoopla Zed-Index) Value change £16,022 ▲ 2.69%

Property value data/graphs for E1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £923,855 £733 3.8 -
Semi-detached £695,429 £702 3.6 £1,835,000
Terraced £810,772 £758 3.4 £878,395
Flats £585,989 £822 2.0 £565,938

Current asking prices in E1

Average: £856,435
Avg. current asking prices in E1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £594,450
(11)
£645,369
(27)
£1,250,333
(15)
£1,447,582
(17)
£1,855,619
(8)
Flats £613,605
(264)
£872,854
(399)
£1,213,678
(133)
£1,076,997
(22)
£729,999
(5)
All £612,839
(275)
£858,436
(426)
£1,217,393
(148)
£1,238,534
(39)
£1,422,688
(13)

Current asking rents in E1

Average: £2,104 pcm
Avg. current asking prices in E1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,159 pcm
(50)
£2,246 pcm
(34)
£2,880 pcm
(18)
£3,811 pcm
(17)
£3,301 pcm
(12)
Flats £1,682 pcm
(652)
£2,399 pcm
(755)
£2,710 pcm
(213)
£2,993 pcm
(55)
£1,816 pcm
(6)
All £1,645 pcm
(702)
£2,392 pcm
(789)
£2,723 pcm
(231)
£3,186 pcm
(72)
£2,806 pcm
(18)

Fun facts for E1

Highest value in E1
Highest value streets Zed-Index
Wilkes Street £2,808,558
Fournier Street £2,456,525
Star Place £1,528,836
Wapping High Street £1,511,871
Princelet Street £1,305,636
Highest turnover in E1
Highest turnover streets Turnover
Feather Mews 69.2%
Scandrett Street 44.4%
Morton Close 42.4%
Bellevue Place 41.7%
School Mews 38.2%

What Zoopla users think of E1

Overall rating:

  • currently 4 stars
Very good - 79% (314 ratings)

Ratings breakdown:

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

Rate E1:

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

  • Tower Gateway (0.2 miles)
  • Aldgate East (0.3 miles)
  • Tower Hill (0.3 miles)
  • London City Airport (5.4 miles)
  • London Heathrow Airport (17.1 miles)
  • London Gatwick Airport (25.7 miles)
  • St Katharine's Pier (0.4 miles)
  • Tower Millennium Pier (0.5 miles)
  • London Bridge City Pier (0.8 miles)

Nearby schools

View all schools in Tower Hamlets
  • English Martyrs Roman Catholic Primary School (0.1 miles)
  • Shapla Primary School (0.2 miles)
  • St Paul's Whitechapel Church of England Primary School (0.2 miles)
  • Tech City College (1.8 miles)
  • King's College London Maths School (2.1 miles)
  • DLD College London (2.2 miles)
  • London Enterprise Academy (0.3 miles)
  • Wapping High School (0.4 miles)
  • Mulberry School for Girls (0.5 miles)
Note: Distances are straight line measurements

Local info for Tower Hamlets

About the neighbours in E1

AskMe Q&A for Tower Hamlets

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Arrange Viewing

For more information about this property, please contact
Lawrence Ward & Co, EC3A on +44 20 3478 2993 * (local rate)

Monthly running costs Beta

£1,955 Monthly total

Mortgage

Purchase price
Deposit (10%) 47,500
Repayment term 25
Interest rate 1.5
Your payment £1,709 /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 (£299/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 £23 Electricity £27 Estimated energy cost £50/mo

Similar properties could save up to £214

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: 6900 kWh/year
Electricity: 2100 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 £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 Lawrence Ward & Co 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 Lawrence Ward & Co, and do not constitute property particulars. Please contact Lawrence Ward & Co 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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