Western Gateway, Royal Docks, E16 1YX
LI

Western Gateway, Royal Docks, E16 1YX

By Lixing

£ 375,000

Reviews

3 out of 5 stars

Lixing says ..

*High-Spec Interiors and a Private Balcony with Courtyard Views* — Get an early look at this immaculate balcony studio (452 sq ft) on the 6th floor — only 7 minutes from the DLR, and 2 minutes from the waters of the Royal Victoria Dock

Property Oracle says ..

The property is a studio apartment located in the Royal Docks area of London. The apartment is modern and appears to be in excellent condition, with a contemporary design and high-quality fixtures and fittings. The images show a well-equipped kitchen and bathroom, as well as a spacious living area. The apartment also benefits from a private balcony, offering views of the surrounding area. The location is within easy reach of several transportation links, including the DLR and the Jubilee Line, providing convenient access to Canary Wharf and central London. There are also several schools, shops, and amenities located nearby. The area is undergoing significant regeneration, with new developments and infrastructure projects underway. This is likely to enhance the area’s appeal and increase property values in the future. However, the ongoing construction work might currently detract from the immediate surroundings. The property has a small plot size, with no garden. This is typical for studio apartments in urban areas. Considering the average price per square foot in the area (£547), the list price of £375,000 for a 452.30 sqft studio apartment seems relatively reasonable, although slightly above average. The modern condition and convenient location support the pricing. However, the lack of outdoor space might influence some buyers’ perception of value. Based on the provided information and images, the property is well-presented and located in a convenient and developing area. The price appears competitive considering the current market conditions.

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
8
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
452.30

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
388,267.00 £
Decreased by 11.51 %
from 438,751.00 £
Est sale value
238,814.40 £
Decreased by 4.00 %
from 248,765.00 £
Average area rental value
2,387.00 £/mo
Increased by 9.80 %
from 2,174.00 £/mo
Est letting value
1,356.90 £/mo
Increased by 50.00 %
from 904.60 £/mo
Est rental Yield
7.38 %
Increased by 24.03 %
from 5.95 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Lixing created the listing.

Nearby Schools

NameTypeOfstedDistance
Oasis Academy SilvertownFree SchoolsGood0.61 KM
Britannia Village Primary SchoolAcademy Converter0.64 KM
Hallsville Primary SchoolAcademy Converter0.72 KM
Keir Hardie Primary SchoolCommunity SchoolGood0.92 KM
Edith Kerrison Children'S CentreChildren's Centre0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
West Ramp £ 000.00 KM
Coolfin Road £ 000.00 KM
Seagull Lane £ 429,28600.00 KM
Chaseway Lodge £ 295,00000.00 KM
Mason Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Charlton5144CTN2.60 KM
Westcombe Park5151WCB2.73 KM
West Ham7474WEH2.90 KM
Maze Hill5149MZH3.57 KM
Woolwich Dockyard5153WWD4.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
Royal Docks West, 12 Western Gateway, London, E16 £ 725,000BUY6 / 100.00 KM
Western Gateway, London, E16 £ 675,000BUY6 / 100.00 KM
Western Gateway, Silvertown, E16 1AZ £ 480,000BUY6 / 100.00 KM
Western Gateway, Royal Docks, E16 1YX £ 375,000BUY6 / 100.00 KM
2 Eden Place, Canning Town, London, E16 £ 480,000BUY5 / 100.00 KM

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