1/28
£725,000
Terraced · 2 beds · 2 baths · 715 sq ft
Twine Terrace, London, E3
0.02 miles away
Freehold
1/15
1/15
3 bed flat for sale Wearmouth House, Mile End, E3
Asking price
£395,000
Added on 02/10/2026
Added on 02/10/2026
- Type
- Flat
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- £512 per sq ft
- Tenure
- Ask agent
- 84 years left(from the agent's description)
Service charge £1,385 a year(from the agent's description)Ground rent £10 a year(from the agent's description) Council tax Band B £1,429 a year
* From the agent's description. Check it with them before you rely on it.
Key features
- Private Balcony
- Chain Free
- Close to Mile End
- Well Located
- Ideal for Investors
- Modern Decor
About this property
Statuum are pleased to present this well-appointed 3/4-bedroom maisonette, ideally located in the sought-after Mile End, E3 area. Offering a strong annual yield of approximately 8.6% and benefiting from an existing HMO licence, this property represents an excellent investment opportunity.
Arranged over the second and third floors, this modern maisonette comprises four well-proportioned double bedrooms, a bright kitchen/diner, a separate reception room with access to a private balcony, a family bathroom, and two WCs (one with shower facilities). The property is presented in good decorative order throughout, featuring neutral interiors, fresh white finishes, double glazing, gas central heating, and laminate wood flooring.
Floorplan
Council tax
Band B £1,429 a year
Per year
- Band A£1,225
- Band BThis 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 1.1 milesCheaper than 93% of the 3-bed flats for sale nearby right now.
This home, £395,000 Median £500,000 · £400,000 – £975,000
Per square foot
£512 4% under
3-bed flats nearby £532
Against sold prices
20% under
E3 sold median £642 / sq ft, 988 sales
Compared with 100 3-bed flats for sale within 1.1 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
Wearmouth House, Mile End, E3
Mortgage and stamp duty
Property price £395,000
£197k £593k
Deposit10% £40,000
£0 £395k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £355,000 mortgage. Most lenders would want a household income of about £79,000 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 14, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Jun 2018 | 840 sq ft £503/sq ft | 840 sq ft | £503 | £422,000 |
| Flat 23, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Feb 2015 | 753 sq ft £332/sq ft | 753 sq ft | £332 | £249,999 |
| Flat 22, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Jan 2011 | 840 sq ft £274/sq ft | 840 sq ft | £274 | £230,000 |
| Flat 7, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Jul 2007 | 850 sq ft £285/sq ft | 850 sq ft | £285 | £242,500 |
| Flat 19, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Jan 2007 | 753 sq ft £246/sq ft | 753 sq ft | £246 | £185,000 |
| Flat 7, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Sept 2006 | 850 sq ft £247/sq ft | 850 sq ft | £247 | £210,000 |
| Flat 24, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Jul 2006 | 861 sq ft £194/sq ft | 861 sq ft | £194 | £167,000 |
| Flat 7, Wearmouth House, Joseph Street Flat / maisonette | Flat / maisonette | Jul 2005 | 850 sq ft £206/sq ft | 850 sq ft | £206 | £175,000 |
Area insights
The neighbourhood around this property.
Marketed by
Statuum, Office – Statuum Ltd
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