Cumberland Mills Square, London, E14
KN

Cumberland Mills Square, London, E14

By Knight Frank

£ 600,000

Reviews

4 out of 5 stars

Knight Frank says ..

A bright apartment in Cumberland Mills with a fantastic terrace. Set within the sought-after gated development of Cumberland Mills Square, this beautifully presented two-bedroom apartment offers bright, modern living and a spectacular private terrace overlooking the River Thames and Greenwich. ...

Property Oracle says ..

Location: The property is located in Cumberland Mills Square, Island Gardens, in the Tower Hamlets borough of London. Island Gardens benefits from its proximity to the River Thames, offering scenic views and recreational opportunities. The area is also well-served by public transport links, with several Southeastern train stations within a reasonable distance, facilitating commutes into central London and other parts of the city. Furthermore, the presence of several well-regarded schools nearby, including those with “Good” or “Outstanding” Ofsted ratings, adds to the desirability of the location for families.

Condition: Based on the provided images, the property appears to be in excellent condition. The interior is modern, with a recently renovated kitchen and bathrooms. The finishes are high-quality, and the overall presentation suggests meticulous maintenance. The apartment benefits from a large private terrace with views over the River Thames.

Land: The property includes a substantial private terrace, providing outdoor space for relaxation and entertaining. While not a large garden in the traditional sense, this outdoor area significantly enhances the property’s appeal.

Price: The list price of £600,000 for a 1,018.91 sqft apartment is slightly above the average price per sqft in the area (£676.00). However, considering the property’s modern condition, excellent location, and significant private outdoor space, the price appears reasonable, particularly when compared to similar properties in the immediate vicinity, several of which are listed at higher prices. The average price for the area is £570,614, which is lower than the list price but doesn’t fully account for the superior condition and additional features of this property.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
9
Land
8
Bedrooms
2
Bathrooms
2
Sqft (est)
1,018.91
Lot (est)
799.97

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
855,884.40 £
Increased by 33.33 %
from 641,913.30 £
Average area rental value
2,031.00 £/mo
Increased by 42.63 %
from 1,424.00 £/mo
Est letting value
3,056.73 £/mo
Increased by 200.00 %
from 1,018.91 £/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

  • Knight Frank marked this listing as sold.

  • Knight Frank created the listing.

Nearby Schools

NameTypeOfstedDistance
George Green'S SchoolVoluntary Controlled SchoolGood0.23 KM
Canary Wharf College, GlenworthFree SchoolsOutstanding0.23 KM
St Luke'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.23 KM
Isle Of Dogs Children'S CentreChildren's Centre0.39 KM
University Of GreenwichHigher Education InstitutionsGood0.45 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Parsonage Street £ 525,83300.00 KM
Seyssel Street £ 000.00 KM
Greenwich Foot Tunnel £ 000.00 KM
The Globe Rope Walk £ 000.00 KM
Nature Trail £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Maze Hill5149MZH1.12 KM
Greenwich5146GNW1.41 KM
Deptford5145DEP2.51 KM
Lewisham5051LEW2.67 KM
Westcombe Park5151WCB2.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cumberland Mills Square, London, E14 £ 600,000BUY8 / 100.00 KM
Cumberland Mills Square, Isle Of Dogs, London, E14 £ 375,000BUY5 / 100.01 KM
Cumberland Mills Square, Docklands E14 £ 800,000BUY7 / 100.03 KM
Cumberland Mills Square, Cubitt Town, E14 £ 500,000BUY5 / 100.04 KM
Cumberland Mills Square, London, E14 £ 300,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
42 Cumberland Mills Square £ 240,0000.03 KM
54 Cumberland Mills Square £ 732,0000.03 KM
55 Cumberland Mills Square £ 320,0000.03 KM
50 Cumberland Mills Square £ 490,0000.03 KM
58 Cumberland Mills Square £ 625,0000.03 KM