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2 bed flat for sale Falcon Works, Mile End, E3

Asking price
£675,000
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Reduced yesterday

Type
Flat
Bedrooms
2
Bathrooms
2
Size
£779 per sq ft
Tenure
Leasehold
EPC Energy rating band C 72 potential B

Key features

  • Parkside and Canalside Location
  • Character Features
  • Lift Access
  • Convenient Transport Links
  • Lateral Warehouse Apartment
  • Chain Free Sale

About this property

This very well presented lateral loft apartment extends to approximately 866 sq ft and occupies a second-floor position overlooking Mile End Park, moments from Regent’s Canal. Falcon Works has a rich industrial heritage. Originally home to the McIntyre & Hogg shirt factory in the late 1860s, it later became the premises of flag and tent makers Adam, Lane & Neeve, who occupied the building until the 1960s. Converted into apartments in the late 1990s, it has since become one of East London’s most sought-after original warehouse conversions.

Floorplan

Energy performance

Energy rating band C 72
Current
Potential
92+
A
81-91
B
Potential rating: 86 B
69-80
C
Current rating: 72 C
55-68
D
39-54
E
21-38
F
1-20
G

This home is rated band C, scoring 72 out of 100. The average British home is band D. Its certificate says it could reach band B (86) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

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

This home
£779 / sq ft
Area average (sold)
£663 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£779 per sq ft, above the middle of recent sales in E3 (£479–£883, 10th–90th percentile, 988 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 988 homes sold in E3 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in E3 →

Location

Falcon Works, Mile End, E3

Mortgage and stamp duty

Property price £675,000
£337k £1m
Deposit10% £68,000
£0 £675k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £607,000 mortgage. Most lenders would want a household income of about £135,000 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.

AddressSoldSizePrice
Flat 107, Falcon Works Court, 8, Copperfield Road Flat / maisonetteMar 2026570 sq ft £736/sq ft£420,000
Flat 104, Falcon Works Court, 8, Copperfield Road Flat / maisonetteJul 2025n/a£553,000
Flat 404, Falcon Works Court, 8, Copperfield Road Flat / maisonetteNov 2024969 sq ft £637/sq ft£617,500
Flat 308, Falcon Works Court, 8, Copperfield Road Flat / maisonetteSept 2023818 sq ft £856/sq ft£700,000
Flat 308, Falcon Works Court, 8, Copperfield Road Flat / maisonetteJul 2022818 sq ft £788/sq ft£645,000
Flat 310, Falcon Works Court, 8, Copperfield Road Flat / maisonetteMar 2022635 sq ft £827/sq ft£525,000
Flat 405, Falcon Works Court, 8, Copperfield Road Flat / maisonetteJun 2021n/a£625,000
Flat 111, Falcon Works Court, 8, Copperfield Road Flat / maisonetteJul 2019474 sq ft £809/sq ft£383,000

All sold prices in Tower Hamlets →

Area insights

The neighbourhood around this property.

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