# 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 |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 133 m² |
| Last sold | £840,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 14/10/2035
- **Current heating cost:** £1,270/year
- **Est. upgrade cost to C:** £2,400

### Recommendations
- L2 (£1,600 - £3,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/5590-8854-0022-6594-3053)

## 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).

## 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).*

## Price per Square Metre

- **£/m²:** £6,391/m²

## 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)