Magellan Boulevard, Gallions Reach, E16
BE

Magellan Boulevard, Gallions Reach, E16

By Benham & Reeves

£ 375,000

Reviews

2 out of 5 stars

Benham & Reeves says ..

A stylish two bedroom apartment situated on the ground floor in the new Royal Dockside Riverside development. This apartment benefits from a contemporary interior design boasting an explementary specification and stunning location.

Property Oracle says ..

This two-bedroom, one-bathroom apartment located in the Gallions Reach area of Beckton, Newham, is situated within the Royal Dockside Riverside development. The property’s modern interior, as shown in the provided images, features a contemporary design and appears well-maintained. While the apartment is relatively new, and presents itself well, the extent of outdoor space is limited to a small paved area, indicating a lack of a garden. Transport links to central London and Canary Wharf are relatively convenient. The surrounding area is undergoing redevelopment, so future enhancements to local amenities are likely. However, the proximity to currently developing areas may be a factor for prospective buyers to consider. The property’s price seems to align relatively well with comparable properties listed in the vicinity, but without precise square footage data for other properties, a detailed valuation based on price per square foot is not possible. The availability of schools nearby, but the quality remains to be determined based on further research of Ofsted reports. Overall, the property presents an appealing option for potential buyers considering its modern features and potential future growth in the area, but the lack of significant land and further detail on specific amenities should be weighed against its positive aspects.

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
8
Location
6
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
716.88

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
518,304.24 £
Increased by 48.16 %
from 349,837.44 £
Average area rental value
1,661.00 £/mo
Decreased by 18.06 %
from 2,027.00 £/mo
Est letting value
2,150.64 £/mo
Increased by 50.00 %
from 1,433.76 £/mo
Est rental Yield
5.90 %
Decreased by 9.92 %
from 6.55 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Benham & Reeves created the listing.

Nearby Schools

NameTypeOfstedDistance
Gallions Primary SchoolAcademy Converter1.15 KM
London Design And Engineering UtcUniversity Technical CollegeRequires improvement1.34 KM
University Of East LondonHigher Education Institutions1.48 KM
Heronsgate Primary SchoolCommunity SchoolOutstanding1.61 KM
New DirectionsPupil Referral UnitGood1.66 KM

Images

Picture No. 14 Picture No. 15 Picture No. 07 Picture No. 05 Picture No. 08 Picture No. 19 Picture No. 04 Picture No. 17 Picture No. 06 Picture No. 03 Picture No. 10 Picture No. 12

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
Atlantis Avenue £ 460,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Plumstead5208PLU2.11 KM
Woolwich Arsenal5152WWA2.22 KM
Woolwich Dockyard5153WWD3.19 KM
Barking7492BKG3.55 KM
Abbey Wood5131ABW5.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Magellan Boulevard, Gallions Reach, E16 £ 375,000BUY5 / 100.00 KM
Magellan Boulevard, Gallions Reach, London, E16 £ 495,000BUYUnknown0.01 KM
Magellan Boulevard, Gallions Reach, London, E16 £ 400,000BUYUnknown0.01 KM
Gallions Reach, London E16 £ 300,000BUY8 / 100.01 KM
Magellan Boulevard, London, E16 £ 330,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
25 Lock Side Way £ 540,0000.35 KM
93 Fishguard Way £ 172,0000.89 KM
73 Fishguard Way £ 230,0000.89 KM
65 Fishguard Way £ 158,0000.89 KM
101 Fishguard Way £ 166,0000.89 KM