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Flat for sale East Lane, London, SE16

Asking price

£350,000

Added on 29/09/2026

Type: Flat
Bedrooms: Studio
Bathrooms: 1
Size: £900 per sq ft
Tenure: Leasehold

Council tax Band B £1,429 a year

Key features

First floor studio, smartly arranged layout
Moments from Thames Riverside
South-west facing for natural daylight
Excellent transport links
Great Location
High-yield investment in Zone One

About this property

Stylish studio apartment in prime riverside location with excellent transport links and strong rental yield.

An exceptional opportunity to own or invest in one of South London's most vibrant riverside neighbourhoods, this well-presented studio apartment offers approximately 389 sq ft (36.14 sq m) of smartly arranged living space. Located on the first floor with a desirable south-west facing aspect, the property benefits from excellent natural light and a bright, airy feel throughout.

Floorplan

Council tax

Band B £1,429 a year

Per year

Band A

£1,225
Band B

This home: £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

This home is in band B, which costs £1,429 a year in Tower Hamlets for 2026/27.

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. Check a home's band on GOV.UK.

Price guide

100 comparables · within 2.5 miles

Cheaper than 53% of the studios for sale nearby right now.

This home, £350,000 Median £375,000 · £244,500 – £562,000

Per square foot

£900 6% under

Studios nearby £953

Against sold prices

31% over

SE16 sold median £688 / sq ft, 850 sales

Compared with 100 studios for sale within 2.5 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 SE16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE16 →

Location

East Lane, London, SE16

Open map Street View

Mortgage and stamp duty

Property price £350,000

£175k £525k

Deposit10% £35,000

£0 £350k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £315,000 mortgage. Most lenders would want a household income of about £70,000 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 31, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Dec 2024	883 sq ft £844/sq ft	883 sq ft	£844	£745,000
Flat 26, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Oct 2023	721 sq ft £939/sq ft	721 sq ft	£939	£677,000
Flat 32, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Jul 2023	1,173 sq ft £840/sq ft	1,173 sq ft	£840	£985,000
Flat 14, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Jan 2023	721 sq ft £943/sq ft	721 sq ft	£943	£680,000
Flat 13, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Apr 2018	355 sq ft £923/sq ft	355 sq ft	£923	£328,000
Flat 33, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Dec 2016	1,066 sq ft £901/sq ft	1,066 sq ft	£901	£960,000
Flat 28, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Feb 2015	538 sq ft £745/sq ft	538 sq ft	£745	£401,000
Flat 2, Axis Court, 2, East Lane Flat / maisonette	Flat / maisonette	Dec 2014	484 sq ft £533/sq ft	484 sq ft	£533	£258,000