Oppida says ..
Nestled on Varcoe Road in London, this newly refurbished two-bedroom, two-bathroom mezzanine apartment offers a perfect blend of modern living and convenience. The property features a spacious lounge adorned with double-height windows, allowing natural light to flood the room, creating an inviting a
Property Oracle says ..
This two-bedroom apartment is located on Varcoe Road in the Old Kent Road area of Southwark, London. The property is situated within close proximity to several schools, including Ilderton Primary School and Galleywall Primary School, both rated as “Outstanding” by Ofsted. South Bermondsey station is also within walking distance, providing convenient access to transportation. Based on the images, the apartment appears to be in good condition, with a modern kitchen and bathroom. The asking price of £575,000 for a 1,167 sqft apartment equates to approximately £493 per sqft. This is higher than the average price per sqft in the area (£350). However, the average property price in the area is £448,750, and this property is larger than average at 1,167 sqft versus the average of 1,282 sqft. The listing price seems reasonable when considering the property’s size, condition, and location. The nearby listing prices are similar, with 575,000 being asked for similar apartments.
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
- 3
- Bedrooms
- 2
- Bathrooms
- 0
- Sqft (est)
- 1,167.00
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Metrics Year-on-Year
- Average area value
- 448,750.00 £Increased by 43.15 %
- Est sale value
- 408,450.00 £Increased by 2.64 %
- Average area rental value
- 1,650.00 £/moIncreased by 60.98 %
- Est letting value
- 1,167.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.41 %Increased by 12.50 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Oppida created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ilderton Primary School | Community School | Outstanding | 0.38 KM |
| Galleywall Primary School | Free Schools | Outstanding | 0.55 KM |
| Pilgrims' Way Primary School | Community School | Good | 0.57 KM |
| Pilgrims Way Primary School & Children'S Centre | Children's Centre | 0.59 KM | |
| Treasure House (London) Cic | Other Independent Special School | Good | 0.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Edenbridge Close | £ 0 | 0 | 0.00 KM |
| Rollins Street | £ 569,000 | 0 | 0.00 KM |
| Stockholm Road | £ 0 | 0 | 0.00 KM |
| Barry House | £ 0 | 0 | 0.00 KM |
| Patterdale Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| South Bermondsey | 5425 | SBM | 0.48 KM |
| Queens Road Peckham | 5424 | QRP | 1.30 KM |
| Surrey Quays | 1083 | SQE | 1.45 KM |
| Canada Water | 1659 | ZCW | 1.68 KM |
| New Cross | 5150 | NWX | 1.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Crown Place Apartments , London | £ 550,000 | BUY | 7 / 10 | 0.00 KM |
| Crown Place Apartments, Varcoe Road, Southwark, London, SE16 | £ 460,000 | BUY | 6 / 10 | 0.00 KM |
| Varcoe Road, London, SE16 | £ 575,000 | BUY | 6 / 10 | 0.00 KM |
| Varcoe Road, Crown Place Apartments, SE16 | £ 575,000 | BUY | Unknown | 0.01 KM |
| Varcoe Road, Crown Place Apartments, SE16 | £ 575,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 84 Varcoe Road | £ 422,500 | 0.13 KM |
| 88 Varcoe Road | £ 159,000 | 0.13 KM |
| 3 Credon Road | £ 318,000 | 0.18 KM |
| 11 Credon Road | £ 580,000 | 0.18 KM |
| 10 Kingsdown Close | £ 350,000 | 0.20 KM |