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2 bed flat for sale Island House, London, E3

Asking price

£420,000

Added on 02/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £497 per sq ft
Tenure: Leasehold

Key features

Two-bedroom apartment with 845+ sq ft
Dual-aspect canal & park views from balconies
Open-plan kitchen/living area for entertaining
Gated development with private parking & bike storage
On-site caretaker & proactive residents’ group
Excellent transport links and close to Three Mills Park

About this property

Set within the sought-after Island House, a picturesque gated development comprising just 47 homes, this outstanding two-bedroom apartment offers over 845 sq ft of thoughtfully designed living space, featuring stunning dual-aspect canal and park views from both balconies and an open-plan kitchen perfect for entertaining.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,225
Band B

£1,429
Band C

£1,634
Band D

£1,838
Band E

£2,246
Band F

£2,655
Band G

£3,063
Band H

£3,676

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Tower Hamlets, 2026/27 bills run from £1,225 a year in band A to £3,676 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Tower Hamlets, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

100 comparables · within 0.7 miles

Priced above 61% of the 2-bed flats for sale nearby right now.

This home, £420,000 Median £400,000 · £300,000 – £500,000

Per square foot

£497 7% under

2-bed flats nearby £533

Against sold prices

23% under

E3 sold median £642 / sq ft, 988 sales

Compared with 100 2-bed flats for sale within 0.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in E3 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in E3 →

Location

Island House, London, E3

Open map Street View

Mortgage and stamp duty

Property price £420,000

£210k £630k

Deposit10% £42,000

£0 £420k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £378,000 mortgage. Most lenders would want a household income of about £84,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 7, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	May 2026	1,130 sq ft £575/sq ft	1,130 sq ft	£575	£650,000
Flat 43, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	Mar 2025	1,173 sq ft £550/sq ft	1,173 sq ft	£550	£645,000
Flat 13, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	Sept 2024	818 sq ft £623/sq ft	818 sq ft	£623	£510,000
Flat 46, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	Nov 2023	624 sq ft £907/sq ft	624 sq ft	£907	£566,000
Flat 33, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	Feb 2020	829 sq ft £658/sq ft	829 sq ft	£658	£545,000
Flat 46, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	Jul 2017	624 sq ft £881/sq ft	624 sq ft	£881	£550,000
Flat 5, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	Oct 2016	689 sq ft £581/sq ft	689 sq ft	£581	£400,000
Flat 26, Island House, Three Mill Lane Flat / maisonette	Flat / maisonette	Apr 2016	700 sq ft £507/sq ft	700 sq ft	£507	£355,000