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1 bed flat for sale

£375,000

Explorers Wharf, Thomas Road, London, E14 7YX

Bedrooms1TypeFlatRent pcm1999FurnishedFurnished
TenureLeaseholdGround rent250Service charge2077.44
Tenanted/VacantTenantedAST details No
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Canal view one-bedroom apartment, Explorers Wharf, E14

A modern fifth-floor apartment with a private balcony overlooking the Limehouse Cut, approximately 51 sq m (549 sq ft) of internal space, and access by two lifts. Built in 2020 and offered for sale by its first owner, with no onward chain.

The open-plan kitchen and living area includes a dishwasher and essential white goods. The bedroom has a king-size bed, SIMBA mattress, built-in mirrored wardrobe and desk. The bathroom has a bath with overhead shower. A separate utility and storage room houses the washer-dryer. The flat has radiator heating supplied by the communal heating system, smart lights and no allocated parking.

Furniture and two large TVs can be included or removed by agreement. A 500 Mbps Hyperoptic fibre connection is currently installed.

Explorers Wharf offers an on-site gym, concierge, communal roof terrace and cycle storage. A bus stop around two minutes away serves routes towards Canary Wharf and Mile End. Lidl and Tesco are approximately four minutes' walk away. Westferry DLR, Limehouse station and Mile End station are within walking distance.

Tenancy and investment
Currently tenanted at £1,999 per calendar month (£23,988 per year). At £375,000 this represents approximately 6.40% gross rental yield before service charges, insurance, ground rent, maintenance, management, voids, finance costs and tax. The flat can be sold with the tenant in place; vacant possession is subject to agreement and completion arrangements.

Property information
- Leasehold: 999-year lease from 1 January 2018.
- EPC rating: B.
- Council tax: Band C.
- Service charge: £2,077.44 per year for 1 August 2026 to 31 July 2027.
- Buildings and terrorism insurance: £597.43 separately billed for 1 September 2026 to 31 August 2027.
- Ground rent: £250 per year, as advertised for August 2026 to July 2027.
- NHBC Buildmark cover until 26 January 2030.
- No planned major works known to the seller.
- Fire safety and external wall assessment paperwork available to buyers.

Please contact to arrange a viewing.


Contact the Landlord / Seller about this property



Gross yield calculator

£
£
=
6.4%

Stamp duty calculator

£
 5%  Up to to £125,0006,250  7%  £125,001 to £250,0008,750 10%  £250,001 to £925,00012,500 15%  £925,001 to 1.5 million0 17%  Over £1.5 million0
=
£27,500

Nearest stations

Limehouse 0.7 milesShadwell 1.4 milesWhitechapel 1.5 milesWapping 1.5 milesRotherhithe 1.6 milesDistances are straight line measurements