Homer Drive, London, E14
HA

Homer Drive, London, E14

By Hamptons Sales

£ 575,000

Reviews

2 out of 5 stars

Hamptons Sales says ..

Guide Price - £575,000-£600,000 Positioned on the 6th floor of this very popular gated riverside development is this well laid out 2 bedroom, 2 bathroom Share of Freehold apartment offering lovely views towards The River Thames and towards the iconic City Of London skyline. With secure parking, ...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in the Island Gardens area of London, E14 is presented for sale at £575,000. Situated in a gated development, it offers views of the River Thames and Canary Wharf skyline. The apartment includes access to secure parking, a residents’ swimming pool and gym, adding value and convenience. The interior is functional, with a good layout, but its current decor and furnishings are quite dated and would benefit from updating to enhance the overall appeal and potential rental value. The apartment is in good structural condition. The building’s exterior looks well-maintained. However, it’s important to note that despite the listing mentioning a ‘share of freehold’, details on ground rent or service charges are missing, important factors affecting the property’s overall financial attractiveness. Overall, the property represents a good investment opportunity in a highly sought-after location. Potential buyers should be aware of the need for interior updates but also the benefit of this riverside apartment complex. The proximity to good schools and transport links further enhances its desirability. However, a thorough survey should be undertaken prior to purchase to obtain a complete picture of the apartment’s condition and any potential expenses.

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
7
Condition
6
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
993.51

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
508,333.00 £
Decreased by 5.19 %
from 536,187.00 £
Est sale value
834,548.40 £
Increased by 33.33 %
from 625,911.30 £
Average area rental value
2,031.00 £/mo
Increased by 42.63 %
from 1,424.00 £/mo
Est letting value
2,980.53 £/mo
Increased by 200.00 %
from 993.51 £/mo
Est rental Yield
4.79 %
Increased by 50.16 %
from 3.19 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Hamptons Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
St Edmund'S Catholic SchoolVoluntary Aided SchoolGood0.30 KM
Arnhem Wharf Primary SchoolCommunity SchoolGood0.45 KM
Harbinger Primary SchoolCommunity SchoolRequires improvement0.64 KM
Seven Mills Primary SchoolCommunity SchoolGood0.77 KM
South Quay CollegeFree Schools Alternative Provision1.02 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Millwall Slipway £ 000.00 KM
Old Bellgate Place £ 000.00 KM
Deptford Strand £ 325,00000.00 KM
Watergate Steps £ 000.00 KM
St Georges Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Deptford5145DEP1.40 KM
Greenwich5146GNW2.00 KM
Surrey Quays1083SQE2.44 KM
New Cross Gate5345NXG2.45 KM
St Johns5059SAJ2.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
Homer Drive, London, E14 £ 575,000BUY5 / 100.00 KM
Poseidon Court, Canary Wharf E14 £ 650,000BUY7 / 100.00 KM
Poseidon Court, Homer Drive, E14 £ 450,000BUYUnknown0.00 KM
Homer Drive, London, E14 £ 600,000BUY5 / 100.00 KM
Ares Court, Homer Drive, E14 £ 1,200,000BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
5 Homer Drive £ 375,0000.01 KM
4 Homer Drive £ 214,7500.01 KM
1 Homer Drive £ 250,0000.01 KM
3 Homer Drive £ 346,5000.01 KM
7 Homer Drive £ 285,0000.07 KM