Foundry House, 47 Morris Road, E14
CH

Foundry House, 47 Morris Road, E14

By Chestertons Estate Agents

£ 650,000

Reviews

3 out of 5 stars

Chestertons Estate Agents says ..

A beautifully presented and spacious two bedroom warehouse apartment of over 1,100sq ft, with a private balcony and off-street parking, situated in the iconic East London Spratt's Works development.

Property Oracle says ..

This two-bedroom flat located at Foundry House, 47 Morris Road, E14 6NJ, is a modern warehouse conversion offering a spacious 1,125.91 sqft of living space. The property is presented in excellent condition, boasting a contemporary kitchen and bathroom and a modern interior design. Photos showcase clean lines, high ceilings and an open-plan living area. The inclusion of a private balcony provides some outdoor space, though it is limited.

The location in Lansbury offers advantages, including proximity to highly-rated primary schools and various transport links, albeit requiring a short commute. The area is undergoing transformation, which holds potential for future appreciation in property value. However, the industrial aesthetic of the immediate surroundings might not suit all buyers.

The lack of plot size information and limited comparable sqft data in nearby listings makes a precise price-per-sqft comparison challenging. Nevertheless, considering its size, condition, and location within proximity to desirable amenities, the list price seems justifiable, even considering the relatively small outdoor area. Buyers should weigh their priorities for outdoor space against the property’s other strong features and location benefits. Potential buyers may want to research local amenities and future development plans in greater depth before committing to a purchase.

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
8
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
1,125.91

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
413,500.00 £
Decreased by 5.80 %
from 438,951.00 £
Est sale value
504,407.68 £
Increased by 33.33 %
from 378,305.76 £
Average area rental value
1,874.00 £/mo
Decreased by 12.31 %
from 2,137.00 £/mo
Est letting value
2,251.82 £/mo
Increased by 100.00 %
from 1,125.91 £/mo
Est rental Yield
5.44 %
Decreased by 6.85 %
from 5.84 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Chestertons Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Manorfield Primary SchoolCommunity SchoolOutstanding0.26 KM
St Saviour'S Church Of England Primary SchoolVoluntary Aided SchoolOutstanding0.28 KM
Langdon Park Community SchoolCommunity SchoolGood0.49 KM
Lansbury Lawrence Primary SchoolCommunity SchoolGood0.56 KM
Chrisp Street Sure Start Children'S CentreChildren's Centre0.56 KM

Images

Picture No. 10 Picture No. 14 Picture No. 07 Picture No. 09 Picture No. 06 Picture No. 13 Picture No. 15 Picture No. 12 Picture No. 03 Picture No. 04 Picture No. 16 Picture No. 08

Nearby Streets

NameAverage PriceAverage SqftDistance
St Andrews Way £ 000.00 KM
Bow Exchange £ 487,72700.00 KM
Mallory Close £ 000.00 KM
Limehouse Cut £ 000.00 KM
Bow Enterprise Park £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
West Ham7474WEH2.59 KM
Limehouse7491LHS2.75 KM
Stratford6969SRA2.96 KM
Hackney Wick6978HKW2.99 KM
Stratford International7222SFA3.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Foundry House, 47 Morris Road, E14 £ 650,000BUY6 / 100.00 KM
Morris Road, London £ 500,000BUY7 / 100.01 KM
Foundry House, Poplar, E14 £ 700,000BUY6 / 100.01 KM
Limehouse Cut, Spratts, E14 £ 1,250,000BUY6 / 100.05 KM
Morris Road, London, E14 £ 1,150,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
26 Morris Road £ 480,0000.09 KM
32 Morris Road £ 560,0000.09 KM
34 Morris Road £ 249,9900.09 KM
36 Morris Road £ 265,0000.09 KM
28 Morris Road £ 475,0000.09 KM