Spa Road, Bermondsey, London, SE16
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Spa Road, Bermondsey, London, SE16

By Foxtons

£ 530,000

Reviews

3 out of 5 stars

Foxtons says ..

This fantastic 2 bed flat on the 2nd floor boasts a light and airy living space complemented by modern and spacious interiors. A delightful open plan reception benefits from a full length balcony with suburban views.

Property Oracle says ..

This two-bedroom flat located on Vauban Street in Bermondsey, South London, presents a compelling offering within a desirable part of the capital. Marketed by Foxtons, the property features a modern interior and appears to have undergone recent renovations, reflected in the clean lines and modern fixtures visible in the accompanying photographs. The kitchen and bathroom are contemporary in design and well-appointed. The property benefits from two bedrooms, each of a reasonable size, with built-in wardrobes providing ample storage. The open-plan living area provides a bright, airy living space, complemented by access to a balcony offering a degree of outdoor space.

The location in Bermondsey is a significant advantage. The area is known for its blend of residential calm and proximity to bustling markets, trendy bars, and excellent transport links. The nearby Bermondsey Jubilee Line station offers easy access to the wider London area. Additionally, the presence of several outstanding schools within a short radius further enhances the property’s appeal to families.

While the property provides a contemporary living space and benefits from a good location, the absence of a garden or significant private outdoor space is notable. The flat’s inclusion in a larger building, rather than a standalone property, is typical for this area. In terms of value, the £530,000 asking price, relative to other properties in the immediate vicinity, seems relatively fair. A lack of precise square footage data in comparable listings prevents a perfectly accurate assessment, and more detailed information would aid in a clearer price-per-square-foot analysis. Overall, this property offers a balanced mix of contemporary living space, excellent transport links, and a convenient location, though potential buyers should be aware of the limited outdoor space.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
665.32

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
460,000.00 £
Decreased by 10.12 %
from 511,784.00 £
Est sale value
504,977.88 £
Increased by 4.12 %
from 485,018.28 £
Average area rental value
2,317.00 £/mo
Increased by 6.73 %
from 2,171.00 £/mo
Est letting value
1,995.96 £/mo
Unchanged by 0.00 %
from 1,995.96 £/mo
Est rental Yield
6.04 %
Increased by 18.66 %
from 5.09 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Harris Academy BermondseyAcademy Sponsor LedOutstanding0.29 KM
Kintore Way Nursery School And Children'S CentreLocal Authority Nursery SchoolOutstanding0.43 KM
Kintore Way Children'S CentreChildren's Centre0.43 KM
Boutcher Church Of England Primary SchoolVoluntary Aided SchoolOutstanding0.47 KM
St Joseph'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Keyse Road £ 579,99800.00 KM
Spa Arch Lane £ 605,00000.00 KM
Spa Road £ 000.00 KM
Rouel Road £ 000.00 KM
Bowley House £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
London Bridge5148LBG1.86 KM
Fenchurch Street7490FST1.95 KM
Wapping1085WPE2.07 KM
South Bermondsey5425SBM2.12 KM
Rotherhithe1039ROE2.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spa Road, Bermondsey, London, SE16 £ 530,000BUY6 / 100.00 KM
Pullman Building, Bermondsey, SE16 £ 499,990BUY5 / 100.03 KM
The Pullman Building, Spa Road, Bermondsey, SE16 £ 420,000BUY6 / 100.05 KM
Spa Road, Bermondsey, SE16 £ 500,000BUY5 / 100.06 KM
Spa Road, Bermondsey, SE16 £ 500,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
81 Vauban Estate £ 420,0000.07 KM
84 Vauban Estate £ 200,0000.07 KM
74 Vauban Estate £ 184,0000.07 KM
78 Vauban Estate £ 425,0000.07 KM
56 Vauban Estate £ 182,5000.07 KM