Purplebricks says ..
*** Guide price £300.000 to £325,000*** CHAIN FREE – A Perfect First Home or Investment Opportunity This well-proportioned one-bedroom apartment, offered with no onward chain, presents an excellent opportunity for first-time buyers and savvy investors alike. Now available for viewings, the prop...
Property Oracle says ..
This one bedroom apartment is located on Parnell Road in Bow East, Tower Hamlets. The property benefits from being close to local schools such as Mulberry UTC and Malmesbury Primary School, both of which have received good Ofsted ratings. Transport links are also convenient, with Hackney Wick Overground station less than a kilometer away. The apartment itself is in reasonable condition, though some minor updates might enhance its appeal. The kitchen and bathroom appear functional but could benefit from some modernisation. The property includes a small balcony and access to communal gardens. While the apartment is smaller than the average in the area (550 sqft compared to 740 sqft), the list price of £300,000 is considerably lower than the average price of £491,819, suggesting it could represent good value for money, especially considering its proximity to amenities and transport links.
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
- 8
- Condition
- 7
- Location
- 8
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 550.04
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Metrics Year-on-Year
- Average area value
- 501,607.00 £Increased by 8.54 %
- Est sale value
- 410,329.84 £Increased by 29.97 %
- Average area rental value
- 2,290.00 £/moDecreased by 0.87 %
- Est letting value
- 1,650.12 £/moIncreased by 50.00 %
- Est rental Yield
- 5.48 %Decreased by 8.67 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mulberry Utc | University Technical College | Good | 0.03 KM |
| Overland Children'S Centre | Children's Centre | 0.20 KM | |
| Old Ford Primary - A Paradigm Academy | Academy Converter | 0.52 KM | |
| Phoenix Autism Trust | Special Post 16 Institution | 0.81 KM | |
| Malmesbury Primary School | Community School | Good | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ewart Place | £ 280,000 | 0 | 0.00 KM |
| Alma Terrace | £ 0 | 0 | 0.00 KM |
| Allen Road | £ 0 | 0 | 0.00 KM |
| Redwood Close | £ 350,000 | 0 | 0.00 KM |
| Balmer Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hackney Wick | 6978 | HKW | 0.98 KM |
| Homerton | 6979 | HMN | 2.10 KM |
| Stratford International | 7222 | SFA | 2.36 KM |
| Stratford | 6969 | SRA | 2.79 KM |
| Limehouse | 7491 | LHS | 2.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parnell Road, London, E3 | £ 300,000 | BUY | 6 / 10 | 0.00 KM |
| Parnell Road, Bow | £ 450,000 | BUY | 6 / 10 | 0.11 KM |
| Annie Besant Close, Bow, London, E3 | £ 650,000 | BUY | 7 / 10 | 0.11 KM |
| Ruston Street, E3, Bow, London, E3 | £ 850,000 | BUY | 5 / 10 | 0.13 KM |
| Eden Way, London E3 | £ 575,000 | BUY | 7 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 111c Parnell Road | £ 307,500 | 0.00 KM |
| 113c Parnell Road | £ 290,000 | 0.00 KM |
| 109f Parnell Road | £ 306,000 | 0.00 KM |
| 117a Parnell Road | £ 250,000 | 0.00 KM |
| 113f Parnell Road | £ 338,000 | 0.00 KM |