Flat 45, Coral Apartments, 17, Western Gateway, LONDON, London, E16 1AQ

Description

Leasehold purpose built flat Location: The property is located on Western Gateway. Shopping amenities are available locally within Canning Town with a further range of shops, bars and restaurants found in Woolwich lying to the south and within Central London located to the west. Public transport links are available at Royal Victoria Station (DLR Services) lying to the north and at Canning Town London Underground Station (Jubilee Line) located to the north west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A1011 lying to the west and the A13 located to the north. Recreational pursuits can be found locally. Accommodation: Principle bedroom with en-suite, one further bedroom, reception room open plan to kitchen, bathroom/wc EPC Rating: C Council Tax Band: G Lease: Held on a lease for a term of 155 years from 01/01/2003 at a ground rent of £TBC per annum. To view: 28/8 12pm, 5/9 at 2pm No booking required – Plea

Location

The property is located on Western Gateway. Shopping amenities are available locally within Canning Town with a further range of shops, bars and restaurants found in Woolwich lying to the south and within Central London located to the west. Public transport links are available at Royal Victoria Station (DLR Services) lying to the north and at Canning Town London Underground Station (Jubilee Line) located to the north west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A1011 lying to the west and the A13 located to the north. Recreational pursuits can be found locally. Accommodation: Principle bedroom with en-suite, one further bedroom, reception room open plan to kitchen, bathroom/wc

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £10,000–£30,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆