The Grainstore, Seagull Lane, London, E16
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The Grainstore, Seagull Lane, London, E16

By Claremont Estates

£ 270,000

Reviews

2 out of 5 stars

Claremont Estates says ..

CALLING ALL FIRST TIME BUYERS AND INVESTORS . DELIGHTFUL WAREHOUSE CONVERSION. 1 double bedroomed apartment located in this former warehouse. The accommodation comprises spacious living room, separate modern kitchen with intergrated appliances, large bedroom, family bathroom, dou...

Property Oracle says ..

This one-bedroom apartment at The Grainstore, Seagull Lane, London E16, is a warehouse conversion located in the Canning Town South area of Newham. The apartment itself appears well-maintained and in good condition. The images showcase a modern, if somewhat small, kitchen and bathroom. The living area is well-lit and of a decent size for a one-bedroom property. The proximity to several schools, including the Oasis Academy Silvertown which has a good Ofsted rating, and various transport links, are positive attributes. However, the lack of external space and the comparatively limited plot size are factors to consider. The price of £270,000 appears relatively competitive in the area, although this should be verified by detailed analysis of recent comparable sales to determine its true value. While the apartment offers a comfortable living space and convenient location, potential buyers should carefully assess their priorities regarding outdoor space and location-specific preferences before making a purchase decision. Overall, it presents a viable option for first-time buyers or investors, but further investigation into property prices in the surrounding area is necessary to gain an objective view of the pricing.

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
7
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
456.71

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
388,267.00 £
Decreased by 11.51 %
from 438,751.00 £
Est sale value
241,142.88 £
Decreased by 4.00 %
from 251,190.50 £
Average area rental value
2,387.00 £/mo
Increased by 9.80 %
from 2,174.00 £/mo
Est letting value
1,370.13 £/mo
Increased by 50.00 %
from 913.42 £/mo
Est rental Yield
7.38 %
Increased by 24.03 %
from 5.95 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Claremont Estates marked this listing as sold.

  • Claremont Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Oasis Academy SilvertownFree SchoolsGood0.57 KM
Britannia Village Primary SchoolAcademy Converter0.63 KM
Edith Kerrison Children'S CentreChildren's Centre0.81 KM
Hallsville Primary SchoolAcademy Converter0.82 KM
Edith Kerrison Nursery SchoolLocal Authority Nursery SchoolGood0.83 KM

Images

Picture No. 01 Picture No. 02 Picture No. 03 Picture No. 07 Picture No. 09 Picture No. 04 Picture No. 05 Picture No. 06 Picture No. 08

Nearby Streets

NameAverage PriceAverage SqftDistance
West Ramp £ 000.00 KM
Coolfin Road £ 000.00 KM
Southampton Mews £ 000.00 KM
Ethel Road £ 400,00000.00 KM
Chaseway Lodge £ 295,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Charlton5144CTN2.61 KM
Westcombe Park5151WCB2.83 KM
West Ham7474WEH2.97 KM
Maze Hill5149MZH3.74 KM
Woolwich Dockyard5153WWD3.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Grainstore, 3 Seagull Lane, London, Greater London, E16 £ 450,000BUY6 / 100.00 KM
The Grainstore, Royal Victoria Dock, E16 £ 120,000BUYUnknown0.00 KM
The Grainstore, Royal Victoria Dock, E16 £ 300,000BUYUnknown0.00 KM
The Grainstore, Western Gateway, London, E16 £ 325,000BUY6 / 100.02 KM
Western Gateway, LONDON, E16 £ 450,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
16 Murray Square £ 215,0000.13 KM
42 Murray Square £ 525,0000.13 KM
70 Murray Square £ 390,0000.13 KM
62 Murray Square £ 183,0000.13 KM
34 Murray Square £ 520,0000.13 KM