Freetrade Wharf, Wapping, London, E1W
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Freetrade Wharf, Wapping, London, E1W

By Foxtons

£ 550,000

Reviews

3 out of 5 stars

Foxtons says ..

Set in a fantastic gated development, this 2 bedroom apartment showcases chic living with access to onsite amenities. It presents spacious interiors complemented by modern finishes and a balcony with superb river views.

Property Oracle says ..

The property is located in Wapping, a desirable area of London. The area benefits from good transport links, with several Overground and DLR stations within a reasonable distance, providing easy access to Canary Wharf and the City. There are also several well-regarded primary schools nearby, which adds to the appeal for families. The proximity to the River Thames offers scenic views and recreational opportunities.

Based on the provided images, the property appears to be in good condition. The rooms are clean and well-maintained, with modern appliances in the kitchen and a recently updated bathroom. There is no visible evidence of significant wear and tear or the need for major renovations. While some might consider the decor to be dated, this is a matter of personal preference and doesn’t detract from the overall condition of the property.

The property includes a small balcony, offering some outdoor space. While not a large garden, it provides a pleasant area to relax and enjoy the views.

Considering the average price per square foot in the area is £748, and this property is listed at £550,000 with 1,048.40 sqft, the price per sqft is approximately £524. This represents a significant discount compared to the area average. Given the property’s good condition, desirable location, and the relatively low price per square foot, the list price appears to be reasonable and potentially represents good value for money. However, it should be noted that the lack of plot size information limits a full assessment of value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
8
Location
9
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
1,048.40

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
625,000.00 £
Increased by 26.14 %
from 495,488.00 £
Est sale value
674,121.20 £
Decreased by 2.72 %
from 692,992.40 £
Average area rental value
2,521.00 £/mo
Increased by 24.93 %
from 2,018.00 £/mo
Est letting value
2,096.80 £/mo
Unchanged by 0.00 %
from 2,096.80 £/mo
Est rental Yield
4.84 %
Decreased by 1.02 %
from 4.89 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
The Pier Head Preparatory Montessori SchoolOther Independent SchoolGood0.37 KM
Marion Richardson Primary SchoolCommunity SchoolGood0.46 KM
Bishop Challoner Boys' SchoolVoluntary Aided SchoolRequires improvement0.53 KM
Ocean Children'S CentreChildren's Centre0.54 KM
Peter Hills With St Mary'S And St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.58 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Pique Mews £ 000.00 KM
Charrington Jetty £ 1,000,00000.00 KM
Barnardo Street £ 000.00 KM
Head Street £ 000.00 KM
Burnside Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Limehouse7491LHS0.80 KM
Rotherhithe1039ROE1.17 KM
Shadwell1082SDE1.17 KM
Wapping1085WPE1.20 KM
Canada Water1659ZCW1.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Free Trade Wharf, Wapping, London, E1W £ 600,000BUYUnknown0.00 KM
Freetrade Wharf, Wapping, London, E1W £ 550,000BUY7 / 100.00 KM
The Highway, Wapping, London, E1W £ 475,000BUY6 / 100.00 KM
Free Trade Wharf, Wapping, London, E1W £ 690,000BUY7 / 100.00 KM
The Highway, LONDON £ 625,000BUY5 / 100.02 KM

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AddressPriceDistance
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511 Cable Street £ 65,0000.24 KM
503 Cable Street £ 410,0000.24 KM
495 Cable Street £ 150,0000.24 KM
481 Cable Street £ 249,9990.24 KM