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Auction
1/19

2 bed flat for sale London, E3

Asking price
£330,000
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Added on 16/09/2026

For sale by auction
Type
Flat
Bedrooms
2
Bathrooms
2
Size
£426 per sq ft
Tenure
Leasehold

Key features

  • Fantastic 2 bedroom flat with ample and sun lit interiors throughout
  • Modern open plan reception room
  • Starting Bids from £330 000 (the starting price the property is marketed for)
  • Being Sold by GOTO Online Auction
  • Modern Method of Auction
  • Buy It Now option available
  • 56 working day Reservation Period
  • Non-refundable buyer's fees apply

About this property

Well presented 2 bedroom flat offers south east facing interiors, bright and spacious throughout, a large open plan reception room with a modern kitchen and a dining space, sleek 2 bathrooms and a private balcony.

Mallard Point is located on Rainhill Way just off Bow Road which hosts many quality amenities with the idyllic green open spaces of Victoria Park also within close proximity.

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

This home
£426 / sq ft
Area average (sold)
£663 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£426 per sq ft, below almost all 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

London, E3

Mortgage and stamp duty

Property price £330,000
£165k £495k
Deposit10% £33,000
£0 £330k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £297,000 mortgage. Most lenders would want a household income of about £66,000 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 57, Mallard Point, 6, Rainhill Way Flat / maisonetteFeb 2026753 sq ft £511/sq ft£385,000
Flat 49, Mallard Point, 6, Rainhill Way Flat / maisonetteDec 2025753 sq ft £498/sq ft£375,000
Flat 26, Mallard Point, 6, Rainhill Way Flat / maisonetteSept 2025753 sq ft £531/sq ft£400,000
Flat 82, Mallard Point, 6, Rainhill Way Flat / maisonetteMar 2025753 sq ft £584/sq ft£440,000
Flat 11, Mallard Point, 6, Rainhill Way Flat / maisonetteFeb 2025678 sq ft £584/sq ft£396,000
Flat 75, Mallard Point, 6, Rainhill Way Flat / maisonetteNov 2024678 sq ft £590/sq ft£400,000
Flat 24, Mallard Point, 6, Rainhill Way Flat / maisonetteOct 2024560 sq ft £585/sq ft£327,500
Flat 33, Mallard Point, 6, Rainhill Way Flat / maisonetteSept 2024753 sq ft £518/sq ft£390,000

All sold prices in Tower Hamlets →

Area insights

The neighbourhood around this property.

Marketed by
Foxtons, Bow
634 Mile End Road, London
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