1 bed flat for sale

Marner Point, Jefferson Plaza, London E3

Detailed Description

Situated on the 24th floor of Marner Point (formerly No. 1 The Plaza), this one-bedroom suite offers approximately 446 sq ft of well-planned living space. The accommodation comprises an open-plan reception room, dining room and kitchen (18'9" x 12'6"), a double bedroom (10'3" x 9') and a bathroom. A private balcony leads off the reception room, with far-reaching views facing north-west and north-east, providing plenty of natural light.

The interior is finished to a high standard and includes a German designer kitchen fitted with integrated Siemens appliances and Grohe brassware in the bathroom. Heating is electric, with underfloor heating installed for added comfort, and the bathroom includes a shower.

Residents have access to a 24-hour concierge service and a 2,500 sq ft gym exclusively for residents, along with landscaped gardens and a plaza. Security is enhanced by an entryphone system and the building is secured. Lift access is available for convenience.

The location is highly accessible, being only a few minutes' walk from Bromley-by-Bow Underground station (District and Hammersmith & City lines) and Devons Road DLR station. Approximate journey times by tube or DLR include Westfield Stratford City in 6 minutes, Canary Wharf in 8 minutes, the City in 14 minutes, Tower Bridge in 15 minutes and Oxford Street in 22 minutes. The A13 is close by for drivers, and the area is well served by bars, restaurants, schools and bus routes.

The property is currently let at £392 per week (approximately £20,384 per year) on a tenancy expiring on 5 January 2027, giving a gross yield of approximately 5.6%.

The property is leasehold, with a 125-year lease from June 2010. The service charge is £2,034 per annum and the ground rent is £320 per annum. Additional features include on-street parking with a permit, mains electricity, water and sewerage connections, and fibre optic broadband (FTTP). There are no restrictions, easements, servitudes or flood defences affecting the property, and it has not been subject to flooding in the past five years. Public rights of way exist in the vicinity.

Overall, this flat offers a secure and comfortable home or a ready-made investment in a well-connected location with modern facilities.

Reception Room / Dining Room / Kitchen: 5.71m x 3.81m (18'9" x 12'6")

Bedroom: 3.12m x 2.74m (10'3" x 9'0")