Morton Apartments, Lock Side Way, London, E16
KE

Morton Apartments, Lock Side Way, London, E16

By Kevin & Co

£ 475,000

Reviews

3 out of 5 stars

Kevin & Co says ..

Experience the serenity of waterfront living in this stunning 2-bed, 2-bath almost 900 sq ft, nestled in the sought-after Royal Albert Wharf, with breath-taking dockland views and a prime location.

Property Oracle says ..

The property is located in Beckton, Newham, which is in east London. The area benefits from several nearby transportation links, including several Southeastern train stations within approximately 2km, and the c2c Barking station around 3.83km away. This provides good access to central London and other parts of the city. There are also a number of schools within a reasonable distance, including some with good Ofsted ratings. However, the specific quality of the immediate surroundings and amenities will need further investigation. Based on the provided images, the property appears to be in excellent condition. It is modern, clean, and well-maintained, with a contemporary design and high-quality finishes. There are no visible signs of wear and tear or the need for repairs or renovations. The property is an apartment, and therefore, does not include a private garden or significant land area. The plot size is listed as 0.00 sqft, confirming this. The list price of £475,000 is slightly above the average price for the area (£410,490). However, the property is larger than the average property size (863.27 sqft vs 792 sqft) and appears to be in excellent condition, which could justify the higher price. A detailed comparison with other similar properties in the area, considering their condition and size, would be necessary to determine if the price is reasonable. The average price per sqft in the area is £518, while the price per sqft for this property, based on the list price, is approximately £550. This is a relatively small difference, suggesting the price is not excessively high compared to the local market.

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
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
863.27

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
624,144.21 £
Increased by 48.16 %
from 421,275.76 £
Average area rental value
1,661.00 £/mo
Decreased by 18.06 %
from 2,027.00 £/mo
Est letting value
2,589.81 £/mo
Increased by 50.00 %
from 1,726.54 £/mo
Est rental Yield
5.90 %
Decreased by 9.92 %
from 6.55 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Kevin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
London Design And Engineering UtcUniversity Technical CollegeRequires improvement1.14 KM
Gallions Primary SchoolAcademy Converter1.14 KM
University Of East LondonHigher Education Institutions1.27 KM
New DirectionsPupil Referral UnitGood1.34 KM
Heronsgate Primary SchoolCommunity SchoolOutstanding1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lower Dock Walk £ 000.00 KM
Carrack Mews £ 000.00 KM
Atlantis Avenue £ 299,99900.00 KM
Carrack Mews £ 000.00 KM
Royal Quay Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Woolwich Arsenal5152WWA1.88 KM
Plumstead5208PLU1.96 KM
Woolwich Dockyard5153WWD2.85 KM
Barking7492BKG3.83 KM
Falconwood5137FCN5.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Morton Apartments, Lock Side Way, London, E16 £ 475,000BUY6 / 100.00 KM
Morton Apartments, Lock Side Way, London, E16 £ 475,000BUYUnknown0.00 KM
Morton Apartments, Lock Side Way, London, E16 £ 475,000BUY5 / 100.00 KM
Lock Side Way, Woolwich, E16 £ 450,000BUY6 / 100.01 KM
Lock Side Way, London, E16 2HU £ 450,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
25 Lock Side Way £ 540,0000.00 KM
89 Fishguard Way £ 162,0000.54 KM
65 Fishguard Way £ 158,0000.54 KM
13 Fishguard Way £ 190,0000.54 KM
33 Fishguard Way £ 159,0000.54 KM