Initial price	£275,000
05/11/25	£265,000
29/11/25	£255,000
Price Change	-7.27%

This is a tenanted fourth-floor apartment in Gallions Reach, London E16, available for sale by online auction on December 4th, 2025. The property features an open-plan lounge/diner and kitchen with a balcony, two bedrooms, an ensuite, and a bathroom, with a current rental income of £1,820 per month. The lease runs for 999 years from 2006, and the service charge is approximately £3,200 per annum, with no ground rent. Gallions Reach is a riverside location with local amenities, schools, and transport links to Canary Wharf, the City, and London City Airport. Potential buyers can view the property, register to bid, and download the legal pack on the Under the Hammer website, and can also submit prior auction offers or bid online during the auction.