Fairmont Avenue, London, E14
PU

Fairmont Avenue, London, E14

By Pure Investor

£ 499,950

Reviews

3 out of 5 stars

Pure Investor says ..

Buy-To-Let Property Investment | Glassed Balcony Overlooking River Thames & O2 Arena | Tenants In Situ | Large Open Plan Living Space | 2 Double Bedrooms & 2 Bathrooms

Property Oracle says ..

This property is a 2 bedroom, 2 bathroom apartment located in the Blackwall & Cubitt Town area of Tower Hamlets, London. The apartment is 884.79 sqft and is listed at £499,950.

The apartment appears to be in good condition, with modern fixtures and fittings. The images show a well-maintained interior, and there is no visible evidence of damage or disrepair. The property benefits from access to a communal swimming pool and gym, adding to its appeal.

The location is good, with several primary schools within a 1km radius. Public transportation links are also relatively close by, although the exact proximity isn’t specified. The lack of plot size suggests the property is within a development, which can be a positive or negative depending on the buyer’s preferences.

Considering the average price per sqft in the area is £1023, and the property is listed at approximately £566 per sqft, the price seems reasonable, especially given the modern condition of the apartment and access to amenities. However, the average property price in the area is significantly higher at £836,380, suggesting this property may be undervalued, but further information on comparable properties is needed to confirm this. The provided nearby listings have missing sqft data, so a direct comparison is not possible. The property would appeal to first-time buyers or investors looking for a modern apartment in a convenient location. The access to amenities is a significant selling point.

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
9
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
884.79

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
772,015.00 £
Increased by 8.00 %
from 714,822.00 £
Est sale value
304,367.76 £
Decreased by 60.82 %
from 776,845.62 £
Average area rental value
1,899.00 £/mo
Decreased by 56.45 %
from 4,361.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 4,423.95 £/mo
Est rental Yield
2.95 %
Decreased by 59.70 %
from 7.32 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
Woolmore Primary SchoolCommunity SchoolGood0.62 KM
Aberfeldy Children'S CentreChildren's Centre Linked Site0.80 KM
Culloden Primary - A Paradigm AcademyAcademy ConverterOutstanding0.83 KM
Ogunu SchoolService Children's Education1.13 KM
Oman Lng Llc SchoolService Children's Education1.13 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Yabsley Street £ 000.00 KM
Hornley Walk £ 000.00 KM
Clove Crescent £ 000.00 KM
East India Dock Road Tunnel £ 599,99000.00 KM
Robin Hood Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
West Ham7474WEH2.75 KM
Maze Hill5149MZH2.78 KM
Greenwich5146GNW3.25 KM
Westcombe Park5151WCB3.59 KM
Deptford5145DEP3.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Providence Wharf, London, E14 £ 650,000BUY6 / 100.00 KM
New Providence Wharf, London, E14 £ 400,000BUY5 / 100.00 KM
New Providence Wharf, E14 £ 390,000BUY6 / 100.00 KM
New Providence Wharf, Fairmont Avenue, London, E14 £ 550,000BUY5 / 100.00 KM
New Providence Wharf, Fairmont Avenue, E14 £ 375,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
62 Naval Row £ 292,0000.33 KM
36 Naval Row £ 247,5000.33 KM
50 Naval Row £ 178,0000.33 KM
56 Naval Row £ 379,0000.33 KM
38 Naval Row £ 305,0000.33 KM