1/21
£975,000
Terraced · 3 beds · 2 baths · 907 sq ft
President Drive, London, E1W
0.04 miles away
Leasehold
1/8
1/8
2 bed flat for sale London, E1W
Asking price
£340,000
Reduced two days ago
Reduced two days ago
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- £561 per sq ft
- Tenure
- Leasehold
Council tax Band B £1,429 a year
Key features
- Large Bedrooms
- Separate Kitchen
- Large Living room
- Balcony
- Quiet residential area
- Historical location
About this property
Traditional 2 double bedroom flat in Wapping, 1 bathroom with separate Toilet, large Living room with separate Kitchen situated on the second floor.
The property is situated in a beautiful, quiet and residential area in Wapping. Short distance from Tower Bridge and St Katherine's docks and variety of outdoor activities such as parks, Tennis court and the Thames river path within walking distance.
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 0.6 milesCheaper than 97% of the 2-bed flats for sale nearby right now.
This home, £340,000 Median £642,500 · £446,000 – £1,254,995
Per square foot
£561 32% under
2-bed flats nearby £829
Against sold prices
41% under
E1W sold median £946 / sq ft, 510 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 E1W over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in E1W →
Location
London, E1W
Mortgage and stamp duty
Property price £340,000
£170k £510k
Deposit10% £34,000
£0 £340k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £306,000 mortgage. Most lenders would want a household income of about £68,000 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 4, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Mar 2025 | 657 sq ft £624/sq ft | 657 sq ft | £624 | £410,000 |
| Flat 31, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Jan 2025 | 517 sq ft £755/sq ft | 517 sq ft | £755 | £390,000 |
| Flat 19, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Oct 2023 | 678 sq ft £553/sq ft | 678 sq ft | £553 | £375,000 |
| Flat 42, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Aug 2023 | 463 sq ft £648/sq ft | 463 sq ft | £648 | £300,000 |
| Flat 52, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Jun 2022 | 710 sq ft £598/sq ft | 710 sq ft | £598 | £425,000 |
| Flat 19, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Jun 2022 | 678 sq ft £553/sq ft | 678 sq ft | £553 | £375,000 |
| Flat 65, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Nov 2021 | 506 sq ft £721/sq ft | 506 sq ft | £721 | £365,000 |
| Flat 58, Reardon House, Reardon Street Flat / maisonette | Flat / maisonette | Mar 2021 | 495 sq ft £719/sq ft | 495 sq ft | £719 | £356,000 |
Area insights
The neighbourhood around this property.
