Representative interior of a flat in Tower Hamlets — not actual photos of this home. The “Location” tab shows the real building; ask the agent for interior photos and a viewing.
Zone 2 Flat

40 Commercial Street, E1 6LP E1 6LP

1-bed flat

Tower Hamlets, London

£2,300/mo
£531/week
£11,500 deposit
1
Bedroom
1
Bathroom
Flat
Type
28 Jun
Available
furnished Min 6 months

About this property

Ultra-trendy 1-bed in Shoreditch. Exposed brick, polished concrete floors. The best of East London on your doorstep.

Transport & Commute

Shoreditch High Street
Zone 2 · 2 min walk from this property
Windrush

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Council Tax — Band B

Tower Hamlets · 2024/25 rates

B
Band B — 1991 property value: £40,001 – £52,000

Band B covers smaller flats and some 1-bed properties. Rateable value was £40,001–£52,000 in 1991.

Calculated as 7/9 of the Band D rate (£1,371/yr in Tower Hamlets)

Annual
£1,067
Monthly
£89
(÷12)
Weekly
£21

Councils bill in 10 monthly instalments (April–January). That's £107/month for 10 months, then nothing in Feb and March.

Living alone? You get 25% off Save £267/yr
With 25% single discount
£800/yr
£67/mo
Apply online at Tower Hamlets council's website. You'll need your address and move-in date.
Band 1991 value Annual Monthly
A Up to £40,000 £914 £76
B £40,001 – £52,000 £1,067 £89
C £52,001 – £68,000 £1,219 £102
D £68,001 – £88,000 £1,371 £114
E £88,001 – £120,000 £1,676 £140
F £120,001 – £160,000 £1,981 £165
G £160,001 – £320,000 £2,286 £190
H Over £320,000 £2,743 £229

Exemptions & discounts

  • Students: Full-time students are 100% exempt
  • Under 18: Not counted toward the household total
  • Severe mental impairment: Fully disregarded
  • Care leavers: Under-25 care leavers may be exempt

Cost to move in

What you'll need upfront for this property

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First month's rent

Paid before move-in

£2,300

Security deposit

Capped at 5 weeks' rent · protected by law

£2,654

Total to move in

First month + deposit

£4,954

A holding deposit of up to £531 (1 week) reserves the property — it's credited toward your first rent, not charged on top. Letting agent fees to tenants are banned under the Tenant Fees Act 2019.

Location

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Your true monthly cost

Everything you'll pay to live here

Rent £2,300
Council Tax Band B
~£89
Travelcard (Z1–2) Estimated
~£143
Estimated total £2,532

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Contact

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