Shackleton Way, Gallions Reach, London, E16
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Shackleton Way, Gallions Reach, London, E16

By Foxtons

£ 460,000

Reviews

3 out of 5 stars

Foxtons says ..

Located on the River Thames, this attractive 2 bedroom apartment boasts a balcony with riverside views. The open-plan reception and kitchen is beautifully decorated, with contemporary finishes featured throughout.

Property Oracle says ..

The property is located in Gallions Reach, London, a relatively new development. The area benefits from proximity to several transportation links, including several Southeastern train stations within approximately 2km and the Elizabeth Line (via Abbey Wood) within a reasonable distance. The presence of several schools within a 1.5km radius is also a positive factor for families. However, the immediate surroundings may lack the established amenities and character of more central areas. The area’s ongoing development might be seen as either positive (future potential) or negative (ongoing construction) depending on individual preferences. Based on the provided images, the property appears to be in excellent condition. The interior is modern, clean, and well-maintained. There are no visible signs of wear and tear or the need for renovation. The modern kitchen and bathrooms are particularly noteworthy. The property has a small balcony, which offers some outdoor space. However, it does not have a garden. The list price of £460,000 is slightly above the average price of £410,490 for the area. However, considering the property’s modern condition, the relatively larger size (859.93 sqft compared to the average of 792 sqft), and the inclusion of a balcony, the price appears reasonable. The average price per square foot in the area is £518.00, and while the exact price per square foot of this property isn’t available, the overall price seems justifiable given its features and location. Further analysis of comparable properties in the immediate vicinity would be beneficial to definitively assess the price’s competitiveness.

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
10
Location
7
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
859.93

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
337,750.00 £
Decreased by 9.08 %
from 371,474.00 £
Est sale value
621,729.39 £
Increased by 48.16 %
from 419,645.84 £
Average area rental value
1,661.00 £/mo
Decreased by 18.06 %
from 2,027.00 £/mo
Est letting value
2,579.79 £/mo
Increased by 50.00 %
from 1,719.86 £/mo
Est rental Yield
5.90 %
Decreased by 9.92 %
from 6.55 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Gallions Primary SchoolAcademy Converter1.19 KM
London Design And Engineering UtcUniversity Technical CollegeRequires improvement1.24 KM
University Of East LondonHigher Education Institutions1.37 KM
Heronsgate Primary SchoolCommunity SchoolOutstanding1.46 KM
New DirectionsPupil Referral UnitGood1.46 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lower Dock Walk £ 000.00 KM
Atlantis Avenue £ 299,99900.00 KM
Carrack Mews £ 000.00 KM
Carrack Mews £ 000.00 KM
Royal Quay Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Plumstead5208PLU1.96 KM
Woolwich Arsenal5152WWA1.97 KM
Woolwich Dockyard5153WWD2.97 KM
Barking7492BKG3.77 KM
Abbey Wood5131ABW5.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Shackleton Way, Gallions Reach, London, E16 £ 460,000BUY6 / 100.00 KM
Shackleton Way, London £ 200,000BUYUnknown0.02 KM
Shackleton Way, London £ 510,000BUY6 / 100.02 KM
Hamme Building, Royal Docks, London, E16 £ 350,000BUY6 / 100.03 KM
Hamme Building, Gallions Reach, London, E16 £ 475,000BUY5 / 100.03 KM

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AddressPriceDistance
25 Lock Side Way £ 540,0000.12 KM
97 Fishguard Way £ 135,0000.65 KM
71 Fishguard Way £ 212,8500.65 KM
103 Fishguard Way £ 185,0000.65 KM
29 Fishguard Way £ 178,0000.65 KM