Sold Flat

FLAT 20

20 PALMERS ROAD, LONDON, GREATER LONDON E2 0SZ

3 beds 2 baths 133 m² Listed 29 Oct 2025 (-266d)

£850,000

Reduced on 28 Nov 2025

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# 3 bedroom flat for sale (E2 0SZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 20, 20 PALMERS ROAD, LONDON, GREATER LONDON E2 0SZ |
| Price | £850,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Last sold | £840,000 Feb 2026 |

## Description

Set on the sought after Palmers Road, the property gives convenient access to the amenities found in the close by Roman Road, Bethnal Green and Bow which include an array of boutique shops, cafe's, pubs, restaurants and many other entertainment venues. The famous Victoria Park and Regents Canal are close by for tranquil walks and Bow Road, Bethnal Green and Cambridge Heath station are nearby.

**Tenure:** Leasehold **Lease Years Remaining:** 104

**Service Charge:** £8,598

**Annual Ground Rent:** £275

**Council Tax Band:** F

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

## Property Photos

- ![Photo](/listings/photos/168742793/1104695)
- ![Photo](/listings/photos/168742793/1104696)
- ![Photo](/listings/photos/168742793/1104697)
- ![Photo](/listings/photos/168742793/1104698)
- ![Photo](/listings/photos/168742793/1104699)
- ![Photo](/listings/photos/168742793/1104700)
- ![Photo](/listings/photos/168742793/1104701)
- ![Photo](/listings/photos/168742793/1104702)
- ![Photo](/listings/photos/168742793/1104703)
- ![Photo](/listings/photos/168742793/1104704)
- ![Photo](/listings/photos/168742793/1104705)

## Floorplans

- ![Floorplan 1](/listings/photos/168742793/1104706) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/168742793/1104707) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 20 FLAT 20 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SZ | £840,000 | 12/02/2026 | Flat |
| 20 FLAT 20 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SZ | £590,000 | 31/01/2013 | Flat |
| 20 FLAT 20 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SZ | £440,000 | 16/06/2006 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| GRAPHITE POINT, 36 APARTMENT 406 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FS | £575,000 | 17/12/2025 | Flat |
| [Same street] 20 FLAT 24 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SZ | £690,000 | 17/11/2023 | Flat |
| GRAND REGENT TOWER, 2 APARTMENT 1502 CADMIUM SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FG | £650,000 | 10/11/2023 | Flat |
| GRAND REGENT TOWER, 2 APARTMENT 1104 CADMIUM SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FG | £620,000 | 03/11/2023 | Flat |
| TITANIUM POINT, 24 APARTMENT 302 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FA | £596,000 | 01/11/2023 | Flat |
| WHARTON HOUSE, 67 FLAT 303 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF | £490,000 | 20/10/2023 | Flat |
| 46 FLAT 21 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0TB | £330,000 | 10/08/2023 | Flat |
| TITANIUM POINT, 24 APARTMENT 406 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FA | £600,000 | 08/08/2023 | Flat |
| WHARTON HOUSE, 67 FLAT 902 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF | £490,000 | 23/06/2023 | Flat |
| WHARTON HOUSE, 67 FLAT 203 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF | £471,000 | 02/06/2023 | Flat |
| WHARTON HOUSE, 67 FLAT 103 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF | £192,000 | 16/05/2023 | Flat |
| O'BRIEN HOUSE FLAT 51 ROMAN ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SE | £365,000 | 19/12/2022 | Flat |
| WHARTON HOUSE, 67 FLAT 401 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF | £487,000 | 19/12/2022 | Flat |
| WHARTON HOUSE, 67 FLAT 903 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF | £508,000 | 25/11/2022 | Flat |
| O'BRIEN HOUSE FLAT 52 ROMAN ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SE | £374,000 | 09/09/2022 | Flat |
| 1 FLAT 15 TWIG FOLLY CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SU | £377,500 | 31/08/2022 | Flat |
| HOOKE HOUSE FLAT 19 GERNON ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 5TL | £435,000 | 16/08/2022 | Flat |
| BOW BROOK HOUSE FLAT 36 GATHORNE STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0PW | £1,075,000 | 15/08/2022 | Flat |
| GEORGE BELT HOUSE FLAT 34 SMART STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SB | £405,000 | 01/07/2022 | Flat |
| 2 FLAT 8 TWIG FOLLY CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SU | £525,000 | 30/06/2022 | Flat |
| 15 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SF | £350,000 | 22/06/2022 | Flat |

**Street average:** £690,000 (1 sale)
**Area average:** £495,775 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £519,069 (69 Flat, E2, 2024–2026)
- **Deviation:** +63.8%

## Rental Range

*ONS Price Index of Private Rents (Tower Hamlets). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,177/mo
- **Realistic:** £2,419/mo
- **Optimistic:** £2,661/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,247/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Antill Road, E3 | £4,250/mo | 3 | 0.34 miles | OpenRent |
| 3 Bed Maisonette, St. Stephens Road, E3 | £2,950/mo | 3 | 0.47 miles | OpenRent |

**Average rent: £3,600/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.42% (weak for cashflow)
- **Max investor price (0.8%):** £450,000
- **Target investor price (1%):** £360,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £3,600/mo).*

- **Gross yield:** 5.1%
- **Cost-to-rent:** 19.7×
- **Monthly cashflow:** £-132/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -4.3%
- **10y growth:** -0.3%

## House Price Index (HM Land Registry)

*Official index for Tower Hamlets; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -12.8%
- **5y growth (index):** -17.7%
- **10y growth (index):** -9.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

133 m²

Last sold

£840,000 Feb 2026

Local average

£519,069 (+63.8%)

Deprivation

Decile 5 (15,748 of 33,755)

Street crime

1711 incidents within 1 mile (May 2026)

Key features

Three Bedrooms
Duplex Apartment
Two Bathrooms + WC
Two Large Terraces
Secure Underground Parking
Canal Views

Additional details

Parking: Yes

Description

A large three bedroom duplex apartment finished to a high standard overlooking Regents Canal. The entrance level of the property gives access to the spacious living area; this floor offers a modernised kitchen, with fully integrated appliances and breakfast bar, ample space to dine, and a large living room with enough space for a home office. This area of the property leads out to the first terrace which stretches the width of the apartment and overlooks the canal and Mile End Park, this floor also has a WC.

Set on the sought after Palmers Road, the property gives convenient access to the amenities found in the close by Roman Road, Bethnal Green and Bow which include an array of boutique shops, cafe's, pubs, restaurants and many other entertainment venues. The famous Victoria Park and Regents Canal are close by for tranquil walks and Bow Road, Bethnal Green and Cambridge Heath station are nearby.

Tenure: Leasehold Lease Years Remaining: 104
Service Charge: £8,598
Annual Ground Rent: £275
Council Tax Band: F

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Listed by

Shoreditch

Dexters

Reference: 168742793

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

91% since 2006

Event	Date	Price	% change
Sold	12/02/2026 (5 months ago)	£840,000	+42.4%
Sold	31/01/2013 (13 years ago)	£590,000	+34.1%
Sold	16/06/2006 (20 years ago)	£440,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
GRAPHITE POINT, 36 APARTMENT 406 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FS	£575,000	17/12/2025	Flat
Same street 20 FLAT 24 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SZ	£690,000	17/11/2023	Flat
GRAND REGENT TOWER, 2 APARTMENT 1502 CADMIUM SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FG	£650,000	10/11/2023	Flat
GRAND REGENT TOWER, 2 APARTMENT 1104 CADMIUM SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FG	£620,000	03/11/2023	Flat
TITANIUM POINT, 24 APARTMENT 302 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FA	£596,000	01/11/2023	Flat
WHARTON HOUSE, 67 FLAT 303 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF	£490,000	20/10/2023	Flat
46 FLAT 21 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0TB	£330,000	10/08/2023	Flat
TITANIUM POINT, 24 APARTMENT 406 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FA	£600,000	08/08/2023	Flat
WHARTON HOUSE, 67 FLAT 902 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF	£490,000	23/06/2023	Flat
WHARTON HOUSE, 67 FLAT 203 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF	£471,000	02/06/2023	Flat
WHARTON HOUSE, 67 FLAT 103 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF	£192,000	16/05/2023	Flat
O'BRIEN HOUSE FLAT 51 ROMAN ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SE	£365,000	19/12/2022	Flat
WHARTON HOUSE, 67 FLAT 401 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF	£487,000	19/12/2022	Flat
WHARTON HOUSE, 67 FLAT 903 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0FF	£508,000	25/11/2022	Flat
O'BRIEN HOUSE FLAT 52 ROMAN ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SE	£374,000	09/09/2022	Flat
1 FLAT 15 TWIG FOLLY CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SU	£377,500	31/08/2022	Flat
HOOKE HOUSE FLAT 19 GERNON ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 5TL	£435,000	16/08/2022	Flat
BOW BROOK HOUSE FLAT 36 GATHORNE STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0PW	£1,075,000	15/08/2022	Flat
GEORGE BELT HOUSE FLAT 34 SMART STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SB	£405,000	01/07/2022	Flat
2 FLAT 8 TWIG FOLLY CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SU	£525,000	30/06/2022	Flat
15 PALMERS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E2 0SF	£350,000	22/06/2022	Flat

Street average: £690,000 (1 sale)

Area average: £495,775 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -4.3%

10y growth -0.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Tower Hamlets. Series: Flats and maisonettes. As of April 2026.

1y (index) -12.8%

5y (index) -17.7%

10y (index) -9.6%

Rental Range

Estimated market rent for Tower Hamlets. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,177/mo

Realistic £2,419/mo

Optimistic £2,661/mo

Based on Local Authority from postcode lookup → Tower Hamlets.

LHA (30th percentile) floor for Stevenage & North Herts: £1,247/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View E2 0SZ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Haverfield Green / Grove Road	0.1 miles
Bus stop	Smart Street	0.1 miles
Shop	Bàrd Books	0.1 miles
Shop	Rock On!	0.2 miles
Train station	Mile End	0.5 miles
Train station	Bethnal Green	0.6 miles
University	NTU London	1.4 miles
University	Arden University Stratford Campus	1.6 miles
Hospital	Moorfields at Hoxton	2.1 miles
Hospital	Medlabs Diagnostics	3.1 miles

Street-level crime

Category	Count
Violence and sexual offences	423
Anti-social behaviour	405
Shoplifting	182
Theft from the person	126
Other theft	121
Public order	93
Vehicle crime	77
Burglary	66
Drugs	66
Bicycle theft	63
Robbery	62
Other crime	12
Possession of weapons	9
Criminal damage and arson	6
Total incidents	1711

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Chisenhale Primary School	Primary	0.3 miles	Good — 16 Jul 2024
Olga Primary School	Primary	0.3 miles	Good — 12 Jan 2017
Gatehouse School	Other	0.3 miles	— (No rating)
Rachel Keeling Nursery School	Nursery	0.3 miles	Outstanding — 13 Dec 2013
Bonner Primary School	Primary	0.3 miles	Good — 21 Nov 2019

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Terraced House, Antill Road, E3	£4,250/mo	3	0.34 miles	OpenRent
3 Bed Maisonette, St. Stephens Road, E3	£2,950/mo	3	0.47 miles	OpenRent

Average rent: £3,600/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.42%

Max investor price (0.8%) £450,000

Target investor price (1%) £360,000

Gross yield 5.1%

Cost-to-rent ratio 19.7×

Monthly cashflow £-132/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -0.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).