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Studio for sale

£250,000

Wards Wharf Approach, London E16

1
Interested in this property? Call +44 20 3641 5458 * or

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Property features

  • Communal garden
  • Balcony
  • Off street parking
  • Central heating
  • Double glazing
  • Porter/security
  • Wood floors

Property description

Great investment opportunity - Studio apartment for sale in Tradewinds - long lease - easily rent able - fully managed by Skampi - 440 sq ft - allocated parking space - sixth floor - on site residents gym facilities - secure fob entry access system - gated development 24 hour concierge service

The apartment consists of a lounge area with access to the private balcony overlooking the communal grounds. The flooring is laminated in this space of the apartment.The area measures 5150 x 3775 (metric)

Kitchen - this space holds all integrated appliances, washing machine, dishwasher and a fridge freezer. The hob and oven is all electric. Full White finish to the units which have been well maintained. The flooring is it's original Cream tiles. This space measures 3200 x 2000 (metric)

Bathroom - a standard bathroom suite with all original features: W.C, wash hand basin and bathtub with showering facilities. A towel rail has also been fitted to the bathroom. The flooring is in its original tiles.

Hallway - this holds one cupboard of which holds the original Power Max boiler with some storage space to the top half of the cupboard. This part of the property is also laminated.

Bedroom - this room is quite spacious considering it is a studio apartment. The flooring is carpeted and again has been very well maintained. Two sliding doors are available to section off this area from the rest of the apartment. The floor space is 3500 x 2600 (metric)

The property is decorated neutrally decorated throughout and has been looked after since 2014. Gas central heating is fitted along with all the windows and balcony door being fully double glazed. A lift is also available in the building. Tradewinds development also boasts a gym, sauna, solarium and a business conference room which residents of the development can utilise 27/7.

This development is a stones throw away from the local Nisa convenience store and cafe - Pontoon Dock DLR station is a 7 minute walk away - great road links onto A12/A13/A1020 and A406.

Lounge/ dining 16'10" X 12'4"
kitchen 10'5" X 6'6"
bedroom 11'5" X 8'6"

total area 440 sq. Ft

Ground Rent £100 per annum
Service Charge £1070.54 based on the recent six monthly invoice

Lease 983 yrs approx

Call our office to book a viewing.

Property info

Market activity
Average price paid £383,868 Sales 358 Current average value £395,258 (Zoopla Zed-Index) Value change £6,991 ▲ 1.80%

Property value data/graphs for E16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £401,872 £381 3.1 £377,250
Semi-detached £373,227 £445 2.9 £439,900
Terraced £366,617 £443 2.9 £388,271
Flats £409,963 £590 1.9 £381,351

Current asking prices in E16

Average: £524,491
Avg. current asking prices in E16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £422,219
(8)
£496,320
(25)
£579,150
(46)
£979,160
(15)
-
Flats £419,469
(388)
£545,152
(326)
£745,212
(142)
£770,142
(7)
-
All £419,524
(396)
£541,674
(351)
£704,580
(188)
£912,654
(22)
-

Current asking rents in E16

Average: £1,632 pcm
Avg. current asking prices in E16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £966 pcm
(10)
£1,521 pcm
(18)
£1,825 pcm
(38)
£2,213 pcm
(10)
£2,201 pcm
(1)
Flats £1,335 pcm
(213)
£1,694 pcm
(268)
£2,238 pcm
(46)
£2,378 pcm
(8)
£2,439 pcm
(5)
All £1,318 pcm
(223)
£1,683 pcm
(286)
£2,051 pcm
(84)
£2,286 pcm
(18)
£2,399 pcm
(6)

Fun facts for E16

Highest value in E16
Highest value streets Zed-Index
Hanover Avenue £607,158
Rayleigh Road £593,450
Hartlepool Court £575,077
Constable Avenue £562,436
Wards Wharf Approach £560,061
Highest turnover in E16
Highest turnover streets Turnover
Fairfax Mews 40.7%
Pankhurst Avenue 38.9%
Lowestoft Mews 38.3%
Grimsby Grove 36.1%
Glencairne Close 35.7%

What Zoopla users think of E16

Overall rating:

  • currently 3.5 stars
Good - 71% (319 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate E16:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Pontoon Dock (0.3 miles)
  • London City Airport (0.5 miles)
  • Royal Albert (0.6 miles)
  • London City Airport (0.8 miles)
  • London Heathrow Airport (21.6 miles)
  • London Gatwick Airport (26.3 miles)
  • Barrier Gardens Pier (0.4 miles)
  • Woolwich Ferry North Pier (1.0 mile)
  • Woolwich Ferry South Pier (1.1 miles)

Nearby schools

View all schools in Newham
  • Drew Primary School (0.4 miles)
  • Britannia Village Primary School (0.6 miles)
  • Calverton Primary School (0.7 miles)
  • London Design and Engineering UTC (1.3 miles)
  • Right Choice Independent Special School (1.5 miles)
  • Newham Sixth Form College (1.5 miles)
  • Oasis Academy Silvertown (0.6 miles)
  • Royal Greenwich Trust School (0.7 miles)
  • The Royal Docks Community School (0.7 miles)
Note: Distances are straight line measurements

Local info for Newham

About the neighbours in E16

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For more information about this property, please contact
Skampi, E14 on +44 20 3641 5458 * (local rate)

Monthly running costs Beta

£1,009 Monthly total

Mortgage

Purchase price
Deposit (10%) 25,000
Repayment term 25
Interest rate 1.5
Your payment £899 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £41/mo (£489/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £29 Estimated energy cost £50/mo

Similar properties could save up to £199

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Skampi about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Skampi, and do not constitute property particulars. Please contact Skampi for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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