Three Mill Lane, E3, Tower Hamlets, London, E3
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Three Mill Lane, E3, Tower Hamlets, London, E3

By Foxtons

£ 600,000

Reviews

3 out of 5 stars

Foxtons says ..

An amazing 2-bedroom flat featuring two bathrooms, bright and spacious interiors, ample storage, access to lovely shared spaces and a private balcony with stunning views of the Lea River and Canary Wharf.

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located in Tower Hamlets, London. It is situated on Three Mill Lane, close to the Regents Canal and benefits from excellent transport links. West Ham underground station is approximately 1.59km away, providing easy access to central London. The property also boasts proximity to several highly-rated schools, including East London Arts & Music (Outstanding Ofsted rating) and East London Science School (Good Ofsted rating), making it an attractive option for families.

The flat itself is modern in design and appears to be in excellent condition. The images show a well-maintained interior with contemporary fixtures and fittings. There is a lack of outdoor space, which is a potential drawback for some buyers.

Considering the average property price in the area is £453,378 and the average price per square foot is £689, the list price of £600,000 for this 788.35 sqft flat seems slightly above average. However, its modern condition, desirable location, and proximity to excellent amenities could justify the higher price point. Nearby comparable properties support this assessment, with prices ranging from £350,000 to £750,000, although a direct comparison is difficult due to the lack of sqft data for most of the nearby properties.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
788.35

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
374,250.00 £
Decreased by 7.52 %
from 404,663.00 £
Est sale value
498,237.20 £
Increased by 12.06 %
from 444,629.40 £
Average area rental value
2,248.00 £/mo
Increased by 6.84 %
from 2,104.00 £/mo
Est letting value
2,365.05 £/mo
Increased by 50.00 %
from 1,576.70 £/mo
Est rental Yield
7.21 %
Increased by 15.54 %
from 6.24 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
East London Science SchoolFree SchoolsGood0.28 KM
East London Arts & MusicFree Schools 16 To 19Outstanding0.34 KM
Bow SchoolCommunity SchoolGood0.47 KM
School 360Free Schools0.47 KM
Ian Mikardo SchoolAcademy Special Converter0.53 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Otis Street £ 000.00 KM
Soapmaker Mews £ 000.00 KM
Mayfly Close £ 000.00 KM
Reed Avenue £ 300,00000.00 KM
High Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
West Ham7474WEH1.59 KM
Stratford6969SRA1.71 KM
Stratford International7222SFA1.92 KM
Hackney Wick6978HKW2.50 KM
Maryland6970MYL2.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Three Mill Lane, E3, Tower Hamlets, London, E3 £ 600,000BUY6 / 100.00 KM
Three Mill Lane, E3, Tower Hamlets, London, E3 £ 550,000BUYUnknown0.00 KM
Island House, Three Mill Lane, London £ 400,000BUY6 / 100.02 KM
Island House, Three Mill Lane, London £ 650,000BUYUnknown0.04 KM
Island House Three Mill Lane, Bow, E3 £ 475,000BUY7 / 100.04 KM

Nearby Properties

AddressPriceDistance
84 Maltings Close £ 240,0000.30 KM
83 Maltings Close £ 225,0000.30 KM
49 Maltings Close £ 106,0000.30 KM
72 Maltings Close £ 355,0000.30 KM
82 Maltings Close £ 230,0000.30 KM