Merchant Court, 61 Wapping Wall, London, E1W
CL

Merchant Court, 61 Wapping Wall, London, E1W

By Cluttons

£ 850,000

Reviews

2 out of 5 stars

Cluttons says ..

A Spacious two bedroom apartment measuring 1,254 sq ft forming part of this popular development positioned between the cobbled streets of Wapping and the banks of the River Thames.

Property Oracle says ..

This two-bedroom, two-bathroom apartment at Merchant Court, Wapping Wall, is situated in a highly desirable area of London. The location offers a convenient blend of transport links, access to several well-regarded schools, and the cultural attractions associated with the River Thames and the surrounding historic area. The property’s interior appears well-maintained and boasts a modern, open-plan design. The exposed brickwork adds a unique character, typical of warehouse conversions in the area. However, a key factor to note is the absence of any private outdoor space, such as a balcony or garden, which is a common feature in many London properties at a similar price point. The lack of a private outdoor area is a notable drawback, reducing the overall attractiveness of the property for potential buyers valuing access to outside space. The list price seems fair, particularly considering nearby comparative properties listed. Potential buyers should carefully consider their priorities regarding outside space before making a purchasing decision, as this lack thereof may be a major consideration against the appealing location and contemporary interior.

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
7
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
1,254.00

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
1,071,462.00 £
Increased by 21.52 %
from 881,738.00 £
Est sale value
1,465,926.00 £
Increased by 51.82 %
from 965,580.00 £
Average area rental value
2,484.00 £/mo
Decreased by 4.86 %
from 2,611.00 £/mo
Est letting value
2,508.00 £/mo
Unchanged by 0.00 %
from 2,508.00 £/mo
Est rental Yield
2.78 %
Decreased by 21.69 %
from 3.55 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Cluttons created the listing.

Nearby Schools

NameTypeOfstedDistance
The Pier Head Preparatory Montessori SchoolOther Independent SchoolGood0.33 KM
St Peter'S London Docks Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.37 KM
Ocean Children'S CentreChildren's Centre0.47 KM
Blue Gate Fields Infants' SchoolCommunity SchoolGood0.50 KM
Blue Gate Fields Junior SchoolCommunity SchoolOutstanding0.50 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Glamis Road £ 900,00000.00 KM
New Crane Stairs £ 000.00 KM
Hilliards Court £ 000.00 KM
Maynards Quay £ 650,00000.00 KM
King David Lane £ 440,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wapping1085WPE0.51 KM
Rotherhithe1039ROE0.66 KM
Shadwell1082SDE0.74 KM
Canada Water1659ZCW1.01 KM
New Cross5150NWX1.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchant Court, 61 Wapping Wall, London, E1W £ 850,000BUY5 / 100.00 KM
Wapping Wall, London, E1W £ 1,650,000BUY6 / 100.00 KM
Wapping Wall, Wapping, E1W £ 1,425,000BUY6 / 100.00 KM
Merchant Court, 61 Wapping Wall, London, E1W £ 700,000BUY7 / 100.00 KM
Wapping Wall, London, E1W £ 1,400,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
2 New Crane Place £ 615,0000.21 KM
9 New Crane Place £ 97,5000.21 KM
25 Peartree Lane £ 160,0000.24 KM
18 Peartree Lane £ 790,0000.24 KM
12 Peartree Lane £ 850,0000.24 KM