£350,000

(£479/sq. ft)

1 bed flat for sale
Three Mill Lane E3, Tower Hamlets, London

    • 1 bed

    • 1 bath

    • 1 reception

    • 730 sq. ft

  • EPC Rating: C

Chain free
Leasehold
Reduced on 10/09/2026

About this property

  • Exceptionally large one-bed flat, second floor with lift

  • South-facing private balcony over the water

  • Allocated secure underground parking, included in the title

  • Gated development of 47 flats on its own private island

  • Resident-managed (Right to Manage) with on-site caretaker

  • Bromley-by-Bow station 5 minutes' walk, A12 1 minute

  • EPC C, Council Tax Band C, wheelchair accessible

  • Chain-free, 102-year lease, EWS1 A1 rated (2023)

Exceptionally spacious 730 sq ft one-bedroom flat with a south-facing balcony, double-gated allocated underground parking and a 102-year lease, offered chain-free. Island House is a boutique gated development of only 47 homes built on a private island beside the listed Three Mills, five minutes' walk from Bromley-by-Bow.

Open-plan living and dining room with floor-to-ceiling windows onto the water and a large private balcony facing south-west: The rooms are bright all day with direct sunlight from early afternoon onwards. Fully-fitted kitchen with dishwasher, fridge and separate freezer. Large utility room with the washing machine and proper storage space. Large double bedroom and bathroom with an extra-wide bathtub. Oak engineered flooring throughout, timber double-glazed windows and thermal and acoustic insulation well above what new builds typically offer.

The island sits on the water away from any road, so the outlook is birdlife and boats rather than traffic, yet the A12 is a minute away by car and Bromley-by-Bow (District and Hammersmith & City) is a five-minute walk. Stratford, Westfield and the Olympic Park are ten minutes by bike along the towpath.

Island House is run by its residents through a Right to Manage company, with an on-site caretaker, secure double-gated entry, and an established reserve fund. External cladding works and composite balcony decking were completed in 2023, with an EWS1 A1 certificate and no remedial works outstanding, so lenders are not an issue. The flat qualifies for leaseholder protections under the Building Safety Act.

Flats in Island House come to market rarely. This one is chain-free and ready to move on quickly.

Tenure: Leasehold, 125 years from January 2004 (approx. 102 years remaining) Service charge: £3,414 per year (2025/26) Ground rent: £275 per year Council tax: Tower Hamlets Band C
EPC: C (75)
Parking: Allocated underground space (ref 3), included in the title
Set on its own private island off Three Mill Lane and a five minute walk from Bromley-by-Bow station. The Lea Navigation towpath and House Mill are on the doorstep, with Queen Elizabeth Olympic Park a short distance away.
Please use the reference CHPK3223768 when contacting Foxtons.

Mortgage calculator

Monthly repayment

£1,750 per month

Whole of market comparison

70+ lenders and 10,000+ products

How much could I borrow

In partnership with

mojo logo

The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (103 years)

  • Service charge

    £3,400 per year

  • Council tax band

    TBC

  • Ground rent

    £275

  • Ground rent date of next review

Report this listing

Foxtons - Bow

Logo of Foxtons - Bow
Email agent