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2 bed flat for sale Gunmakers Lane, London, E3

Guide Price

£640,000

Added on 28/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £759 per sq ft
Tenure: Ask agent

Ground rent £200 a year

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

Balcony
Waterfront
Lift
Open-plan kitchen

About this property

Located within the sought-after Gunmakers Wharf development, this beautifully presented two-bedroom apartment offers stylish contemporary living set alongside the peaceful Hertford Union Canal in the heart of Bow.

Positioned on the third floor and flooded with natural light, the property features a spacious open-plan reception room with floor-to-ceiling windows, a modern fitted kitchen with integrated appliances, and direct access to a private balcony – perfect for relaxing or 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 0.8 miles

Priced above 85% of the 2-bed flats for sale nearby right now.

This home, £640,000 Median £500,000 · £350,000 – £695,000

Per square foot

£759 24% over

2-bed flats nearby £614

Against sold prices

18% over

E3 sold median £642 / sq ft, 988 sales

Compared with 100 2-bed flats for sale within 0.8 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

Gunmakers Lane, London, E3

Open map Street View

Mortgage and stamp duty

Property price £640,000

£320k £960k

Deposit10% £64,000

£0 £640k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £576,000 mortgage. Most lenders would want a household income of about £128,000 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 on Gunmakers Lane. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 11, Albany Works, Gunmakers Lane E3 5SB Flat / maisonette	Flat / maisonette	Apr 2026	689 sq ft £915/sq ft	689 sq ft	£915	£630,000
Flat 3, Armoury House, 7, Gunmakers Lane E3 5QA Flat / maisonette	Flat / maisonette	Apr 2026	775 sq ft £626/sq ft	775 sq ft	£626	£485,000
Flat 10, Albany Works, Gunmakers Lane E3 5SB Flat / maisonette	Flat / maisonette	Apr 2026	689 sq ft £965/sq ft	689 sq ft	£965	£665,000
Flat 44, Vermilion Apartments, 16, Gunmakers Lane E3 5GG Flat / maisonette	Flat / maisonette	Mar 2026	753 sq ft £584/sq ft	753 sq ft	£584	£440,000
Flat 18, Albany Works, Gunmakers Lane E3 5SB Flat / maisonette	Flat / maisonette	Feb 2026	893 sq ft £655/sq ft	893 sq ft	£655	£585,000
Flat 29, Vermilion Apartments, 16, Gunmakers Lane E3 5GG Flat / maisonette	Flat / maisonette	Jan 2026	710 sq ft £785/sq ft	710 sq ft	£785	£557,500
Flat 20, Albany Works, Gunmakers Lane E3 5SB Flat / maisonette	Flat / maisonette	Dec 2025	818 sq ft £703/sq ft	818 sq ft	£703	£575,000
Flat 15, Albany Works, Gunmakers Lane E3 5SB Flat / maisonette	Flat / maisonette	Sept 2025	538 sq ft £1,394/sq ft	538 sq ft	£1,394	£750,000