Cornwallis Road, London, SE18
JD

Cornwallis Road, London, SE18

By jdm

£ 400,000

Reviews

2 out of 5 stars

jdm says ..

GUIDE PRICE £400,000 - £425,000 CHAIN FREE Two bedroom modern apartment within Cornwallis Road in the Royal Arsenal Riverside Development.

Property Oracle says ..

This two-bedroom apartment located at Cornwallis Road, Woolwich Riverside, Greenwich, offers a potentially attractive option for buyers looking for a property in a developing area of London. The apartment itself appears well-maintained based on the provided images, with a recently modernised kitchen and bathroom. The living spaces are bright and spacious, and the layout seems efficient for a two-bedroom property.

The location in Woolwich Riverside is a key aspect to consider. This is a regeneration area, which means there’s potential for future growth and increased property values. The proximity to Woolwich Arsenal station provides convenient access to Southeastern train services, making commutes to central London relatively straightforward. Nearby schools including Foxfield Primary School and St Peter’s Catholic Primary School, are rated ‘outstanding’ by Ofsted. A further draw for families. However, the area is currently developing and may lack some of the established amenities found in more central parts of London.

One significant drawback is the lack of outdoor space. The property appears to be an apartment with no garden or private balcony. This may be a deciding factor for many buyers, especially those with families or those who value having a private outdoor space. The list price of £400,000 needs to be considered in the context of the overall property market in the area and relative to similar properties. More information is needed on the specifics of the apartment (e.g., leasehold details, service charges) to make a fully informed assessment of its value.

Overall, this apartment offers a potential balance of modern living, convenient transport links, and access to good schools in a growth area, but the lack of outdoor space is a key consideration. Further due diligence on pricing, leasehold specifics and local market trends is recommended before making any decisions.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
742.00

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
513,824.00 £
Increased by 0.34 %
from 512,059.00 £
Est sale value
477,106.00 £
Decreased by 5.44 %
from 504,560.00 £
Average area rental value
2,077.00 £/mo
Increased by 6.19 %
from 1,956.00 £/mo
Est letting value
1,484.00 £/mo
Unchanged by 0.00 %
from 1,484.00 £/mo
Est rental Yield
4.85 %
Increased by 5.90 %
from 4.58 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • jdm created the listing.

Nearby Schools

NameTypeOfstedDistance
Foxfield Primary SchoolAcademy ConverterOutstanding0.73 KM
Right Choice Independent Special SchoolOther Independent SchoolGood0.78 KM
Heronsgate Primary SchoolCommunity SchoolOutstanding0.81 KM
Waterside SchoolCommunity Special SchoolGood0.95 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding1.01 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cartridge Place £ 322,50000.00 KM
Ivermore Place £ 230,00000.00 KM
Richmond Place £ 000.00 KM
No. 1 Street £ 000.00 KM
Gallions View £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Woolwich Arsenal5152WWA0.79 KM
Plumstead5208PLU1.04 KM
Woolwich Dockyard5153WWD2.32 KM
Falconwood5137FCN3.81 KM
Welling5128WLI4.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 13 Cornwallis Road, London, SE18 6SH £ 114,000BUY5 / 100.05 KM
Hastings Street, London, SE18 £ 780,000BUY7 / 100.12 KM
Hastings Street, London, SE18 £ 875,000BUY7 / 100.12 KM
Hastings Street, London, SE18 £ 850,000BUYUnknown0.12 KM
Hastings Street, London, SE18 £ 825,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
11 Hastings Street £ 280,0000.12 KM
23 Hastings Street £ 800,0000.12 KM
26 Hastings Street £ 425,0000.12 KM
33 Hastings Street £ 295,0000.12 KM
30 Hastings Street £ 249,5000.12 KM