Merchant Street, London, E3
FE

Merchant Street, London, E3

By Felicity J Lord

£ 450,000

Reviews

3 out of 5 stars

Felicity J Lord says ..

Discover urban living at its best in this stunning two-bedroom apartment. Perfectly situated with easy access to the City and Canary Wharf, this home offers a blend of convenience and style

Property Oracle says ..

This 2-bedroom, 2-bathroom apartment located on Merchant Street in London’s E3 postcode, is presented as a modern and well-maintained property. The images showcase a contemporary interior with an open-plan living area and a modern kitchen. The property includes a balcony which offers a small amount of external space.

The location offers good access to several schools, with the Phoenix School receiving an ‘outstanding’ Ofsted rating. Transport links are also reasonably available, though at various distances from the property. The lack of details regarding local property pricing and comparable properties, however, makes it challenging to definitively evaluate the location’s desirability and the pricing of this property.

Overall, the property seems to offer a functional and appealing living space. The provided pictures highlight a modern and well-maintained interior, with updated finishes throughout. The lack of information on garden space or precise external details is a point to note.

More detailed information on local comparable properties is essential for establishing the property’s true value relative to its list price. Without that data, an objective assessment of the property’s price relative to market value is challenging.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
714.51

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
374,250.00 £
Decreased by 7.52 %
from 404,663.00 £
Est sale value
451,570.32 £
Increased by 12.06 %
from 402,983.64 £
Average area rental value
2,248.00 £/mo
Increased by 6.84 %
from 2,104.00 £/mo
Est letting value
2,143.53 £/mo
Increased by 50.00 %
from 1,429.02 £/mo
Est rental Yield
7.21 %
Increased by 15.54 %
from 6.24 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Felicity J Lord created the listing.

Nearby Schools

NameTypeOfstedDistance
Phoenix SchoolCommunity Special SchoolOutstanding0.18 KM
Phoenix Autism TrustSpecial Post 16 Institution0.21 KM
Central Foundation Girls' SchoolVoluntary Aided SchoolGood0.26 KM
Wellington Primary SchoolCommunity SchoolGood0.28 KM
Malmesbury Primary SchoolCommunity SchoolGood0.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Matching Court £ 000.00 KM
Cantrell Road £ 600,00000.00 KM
Coborn Mews £ 000.00 KM
Old Willow Close £ 44,88800.00 KM
Malmesbury Road £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hackney Wick6978HKW1.96 KM
Limehouse7491LHS2.07 KM
Stratford International7222SFA2.90 KM
Homerton6979HMN2.92 KM
Stratford6969SRA3.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchant Street, London £ 440,000BUY6 / 100.00 KM
Merchant Street, London, E3 £ 450,000BUY6 / 100.00 KM
Merchant Street, London £ 500,000BUYUnknown0.00 KM
Merchant Street, London, E3 £ 380,000BUY7 / 100.02 KM
Ducaine Apartments, Merchant Street, Bow, E3 £ 425,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
19 Bow Road £ 1,370,0000.13 KM
9 Bow Road £ 1,225,0000.13 KM
15 Bow Road £ 1,253,5000.13 KM
23 Bow Road £ 1,050,0000.13 KM
7 Bow Road £ 593,0000.14 KM