Franklyn James says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom apartment located at Western Gateway, London, E16, with a list price of £350,000. The apartment is 524.96 sqft and has no outdoor space.

The apartment appears to be in excellent condition, boasting modern fixtures and finishes throughout. The images showcase a contemporary design with a well-equipped kitchen and a stylish bathroom. There is no evidence of wear and tear or the need for renovation.

The location in Canning Town South, Newham offers proximity to several schools, including St Luke’s Primary School and Oasis Academy Silvertown, both rated ‘Good’ by Ofsted. Public transportation options are also readily available, with West Ham station approximately 2.68km away. The area benefits from its waterfront location, offering scenic views.

Considering the average price of £491,316 and average price per sqft of £547 in the area, the list price of £350,000 for this 524.96 sqft apartment appears to be competitively priced, potentially representing good value for money, especially given its modern condition and desirable location. However, the lack of outdoor space is a factor to consider. Nearby comparable properties support this assessment, although the lack of sqft data for those properties limits the precision of the comparison.

Based on the available information, the property presents a strong value proposition. The modern condition, convenient location, and competitive price point outweigh the absence of a garden. The waterfront views and proximity to transportation and schools further enhance its appeal.

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

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