Summary - Raine Street, Wapping E1W 3AU
South-facing private glass-fronted balcony with Canary Wharf views
This south-facing one-bedroom apartment in Wapping offers a compact, well-laid-out city living space with a private glass-fronted balcony and pleasant street/tree views. The open-plan reception and modern fitted kitchen make efficient use of the 513 sq ft, giving a comfortable living and dining area suited to a single occupant or couple.
Residents benefit from practical communal features: lift access, secure cycle storage, on-site garage parking and access to a private gym and spa (membership fees apply). The property is chain-free and sits in a contemporary development built in the early 2000s, with double glazing and a sensible lease length of 110 years.
Buyers should note material running costs and local context that affect affordability: an above-average service charge of £4,147 per year and a community heating arrangement. The local area scores as deprived with above-average crime levels, which may influence resale and rental demand despite the desirable central location and strong transport links.
Overall this flat suits a first-time buyer or buy-to-let investor seeking a well-presented, low-maintenance central London home with outside space and parking. It offers good short-term usability with straightforward upgrade potential (kitchen or bathroom refresh) to improve capital value and rental yield.
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