Fairfoot Road, E3

FAIRFOOT ROAD, E3 — BOW
767 SQFT | 2 BED | 1 BATH | MAISONETTE | LEASEHOLD 82 YRS | EPC D | REFURBISHMENT REQUIRED

ASSET
Set within a purpose-built 1960s terrace in Bow, on a residential turning off Spanby Road in the London Borough of Tower Hamlets, this maisonette is arranged over ground and first floors with its own front door, a gated front garden of 16'1" x 10'10" (approx. 174 sq ft) and a private rear garden of 17'10" x 16'1" (approx. 287 sq ft) — 460 sq ft of external space in total. The ground floor comprises a reception room of 14'9" x 11'6" opening directly to the rear garden, a separate kitchen of 12'2" x 8'11" and a guest WC. Upstairs, the two double bedrooms measure 11'10" x 11'8" and 12'4" x 8'7", both with built-in wardrobes, served by a shower room of 9'3" x 5'5". Storage runs to 48 sq ft across four cupboards, with central heating and double glazing throughout.

TENURE & HOLDING COSTS
Leasehold — 82 years remaining. Ground rent: TBC | Service charge: TBC | Council tax: band C, London Borough of Tower Hamlets | EPC: D.

CONDITION
Refurbishment required — the maisonette is offered in need of refurbishment throughout. Services and appliances have not been and will not be tested.

CONNECTIVITY
Devons Road DLR is a short walk, running direct to Canary Wharf in one direction and Stratford in the other, with Bow Road station (District and Hammersmith & City lines) also close by for direct services into the City. Roman Road and its market sit to the north, the woodland walks of Tower Hamlets Cemetery Park are moments to the west, and Mile End Park leads through to the Regent's Canal and Victoria Park beyond.

BUY CASE
Where does 767 sq ft over two floors with two gardens still trade at flat money? The 82-year lease is the entry mechanism: it sits two years clear of the 80-year marriage-value threshold, and since January 2025 a purchaser can serve a Section 42 notice on completion — adding 90 years at peppercorn ground rent and securing the term before the threshold bites. The 2024 Act's valuation reforms remain legislated but not yet in force, so buyers should price the extension on current law. Refurbishment and lease extension in tandem re-base the asset against modernised Bow maisonettes, with house-style accommodation — own entrance, two gardens, genuine doubles — driving both family lettings demand and owner-occupier resale between Canary Wharf and the City.

We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017. The initial checks are carried out on our behalf by Coadjute who will contact you once an offer has been provisionally accepted on a property you wish to buy. The cost of these checks is £80 (excl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you and the checks must be completed before issuing a memorandum of sale. We will receive some of the fee taken by Coadjute to cover our costs in our role in the provision of these checks.