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2 bed flat for sale Merchant Street, London, E3

Guide Price

£350,000

Added on 28/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £511 per sq ft
Tenure: Ask agent

Highlights

From the agent's description

Balcony
Open-plan kitchen/diner
En-suite

About this property

The property features a bright and expansive open-plan reception area, seamlessly combining living, dining, and kitchen space. The contemporary kitchen is fully fitted with integrated appliances and stylish finishes, complementing the overall modern design of the apartment. Both bedrooms are well-proportioned doubles, with the principal bedroom benefiting from an en-suite bathroom, while a second sleek, fully tiled bathroom serves the remainder of the property. The layout has been thoughtfully designed to maximise space and comfort throughout.

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 0.6 miles

Cheaper than 73% of the 2-bed flats for sale nearby right now.

This home, £350,000 Median £415,000 · £325,000 – £550,000

Per square foot

£511 11% under

2-bed flats nearby £573

Against sold prices

20% under

E3 sold median £642 / sq ft, 988 sales

Compared with 100 2-bed flats for sale within 0.6 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

Merchant Street, London, E3

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
24, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	Jul 2024	517 sq ft £687/sq ft	517 sq ft	£687	£355,000
18, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	Jul 2023	721 sq ft £600/sq ft	721 sq ft	£600	£433,000
18, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	Jun 2017	721 sq ft £624/sq ft	721 sq ft	£624	£450,000
37, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	Sept 2016	484 sq ft £1,012/sq ft	484 sq ft	£1,012	£490,000
25, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	Jul 2016	721 sq ft £506/sq ft	721 sq ft	£506	£365,000
23, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	May 2016	646 sq ft £735/sq ft	646 sq ft	£735	£475,000
8, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	Mar 2016	506 sq ft £712/sq ft	506 sq ft	£712	£360,000
36, Maha Building, Merchant Street Flat / maisonette	Flat / maisonette	Feb 2014	484 sq ft £506/sq ft	484 sq ft	£506	£245,000